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Behind every set of odds lies an implied probability - the estimated likelihood of the predicted outcome occurring. Understanding how to calculate implied probability is crucial for assessing the value of a bet. The formula for converting odds to implied probability varies based on the odds format, and we'll explore each method in detail. How much is Kayo for a month?, Bettors should consider factors like implied probability, margins, and different bookmakers when assessing odds. Implied probability is the likelihood of an outcome as reflected by the odds.
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