Changes

Consider the moneyline market in the example above. Montreal is favored and has 1.66 odds to win the match. As the underdog Toronto has 2.30 odds. Dividing 1 by these decimal odds will convert them to implied probability. {| class="wikitable" style="text-align:center; margin: auto;"|- style="background-color:#eaecf0;"|colspan="2"|'''Bet'''|'''Odds'''|'''Calculation'''|'''Implied probability'''|-|[[File:Canadiens.png|25px]]|Montreal ML| 1.66| 1 / 1.66 = 0.6024| 60.24%|-|[[File:MapleLeafs.png|25px]]|Toronto ML| 2.30| 1 / 2.30 = 0.4348| 43.48%|}