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Implied probability

141 bytes added, 20:06, 15 January 2020
=== Fractional ===
Total return can be directly calculated by multiplying profit relative to initial risk by is represented through [[fractional odds]]. This makes it Odds are represented by a fraction; an easy format to convert into initial risk of the amount in the denominator will yield the amount in the numerator. Since implied probability. Percentage is calculated by dividing 1 stake by the total return fractional odds (taking can be converted into percentages by dividing the reciprocal numerator by the sum of the fraction)numerator and denominator.
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