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Implied probability

90 bytes added, 04:24, 15 January 2020
=== Fractional ===
Potential profit is calculated by multiplying initial risk by the [[Fractional fractional odds]] display potential profit relative to a one unit risk. This makes it one an easy format to convert to implied probability. Flip the numerator and denominator of the easier fractional odds formats to convert to reveal the implied probability.
=== Decimal ===
[[Decimal odds]]