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Bookmakers use mathematical formulas to establish odds for sporting events. For instance, a horse with odds of 9/1 stands a 10% chance of winning its race; these odds can then be seen displayed on a screen in decimal format; they may be changed into American or European odds formats however if needed; their formula remains the same. Bet Nation Bet nation best odds guaranteed time japan cup betting odds at tokyo racecourse Traditional sports have long dominated betting markets, but esports has carved out its space. We explore how betting operators have embraced esports, offering a variety of markets and betting options on popular games and tournaments.