Web odds refer to the probability or likelihood of a specific outcome in online betting platforms, often expressed as fractional, decimal, or moneyline formats. These odds are determined by various factors, including statistical analysis, team performance, and market trends. They serve as a guide for bettors to assess potential returns on their wagers. As the betting landscape evolves, web odds are frequently updated in real-time, reflecting changes in public sentiment and expert insights, making them a crucial element for informed decision-making in online gambling.