Betting odds might look like random numbers, but they actually tell you how likely something is to happen and how much money you could win. Understanding them is your first step to betting smarter, whether you’re on a sports app or at the track. Once you get the hang of fractions, decimals, or moneyline formats, you’ll see the value—and the risk—in every bet you make. Decoding the Numbers: How Payouts Are Calculated Every click, view, or sale begins as a…