LCD ratios mean what ?

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Jauc

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Yo.

im looking to buy a new LCD screen.. i understand response time'n and such, but im very confused about what the different ratios mean.

e.g
-500:1
-550:1
-700:1

can someone please tell me what this means and give me some examples of a good gaming ratio and LCD screen.

Thanks in advance
 
The higher it is, the more defined between colors is. Like black and darker black and darkest black
 
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