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Probability is usually expressed as a percentage, representing the likelihood of an event occurring. It's important to remember that probability is subjective and can vary between bookmakers. By comparing the odds offered by different bookmakers and calculating the implied probability, you can identify value bets. Sports Betting Ny App, For fractional odds, divide the denominator (the number on the right side of the fraction) by the sum of the numerator and denominator. Then multiply the result by 100. For example, if you have fractional odds of 5/1, the implied probability would be 16.67% (1 / (5 + 1) x 100).
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