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Implied Probability: Implied probability represents the likelihood of a particular outcome based on the odds offered by the sportsbook. It is calculated by dividing 1 by the decimal odds and converting the result into a percentage. Implied probability can help bettors assess the value of different betting options and identify profitable opportunities. Tips For Soccer Betting, Decimal Odds: This is the most common format, especially in Europe. For example, odds of 2.00 mean you'll double your money if your bet wins.
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