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Decimal odds explained\n\n For example, aR$100 bet made at decimal odds of 3.00 would returnR$300 ($100 x 3.00):R$200 in profit and the originalR$100 amount risked. AR$100 bet made at decimal odds of 1.50 would returnR$150:R$50 in profit and the originalR$100 amount risked. Odds accompanied with a negative sign (-) indicate that this is the favorite and this outcome will have a higher chance of winning compared to the underdog, however underdogs will yield a higher profit if they win. The implied win probability of -400 odds is 80.00%. |
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Chip Romig, MMR 423 |
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