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First subtract 1 from the odd, then convert to a fraction with the odd as numerator and 1 as denominator. Then reduce this fraction to the simplest from. For example, to convert 1.50 into fractional: 1.50-1= 0.50. 0.50/1 is the result but is not pretty and bookies reduce it to the simplest form as integer/integer, in this case: 1/2.

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