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For decimal odds, the calculation is relatively simple. The odds represent the inverse of the probability of an event occurring. To calculate the implied probability, divide 1 by the decimal odds. For example, if the odds are 2.50, the implied probability would be 1/2.50, which equals 0.40 or 40%. Best NBA First Basket Bets Today, Key Factors to Consider When Developing a Soccer Betting Strategy
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