Implied probability basics
Decimal odds can be converted into a simple percentage. Higher odds mean a lower implied probability.
This helps you compare prices quickly across bookmakers and markets.
Quick calculation
- Use 1 / odds to get the implied probability.
- Multiply by 100 to turn it into a percentage.
- Compare that number across bookmakers.
How to use it
- Look for odds that imply a lower probability than you believe is realistic.
- Compare implied probability to recent form and match context.
- Use it with odds comparison to find value bets.
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FAQ
What is implied probability?
It is the probability of an outcome based on the bookmaker odds, shown as a percentage.
Does implied probability include the bookmaker margin?
Yes. The implied probability reflects the bookmaker margin, so the total may exceed 100%.
How does this help me bet better?
It helps you compare prices and decide whether the odds are higher than the true chance of an outcome.