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The spread broker will have in place certain odds which are from 0 to 100. The binary betting bid or spread offer can be converted to general fixed odds. A great example in case a bid is put at 5 the fixed odds may approximately 20 to 1 (20/1) that the event may occur. If the binary bid is placed at 33, the fixed odds will be approximately 2 to 1 (2/1).
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