Implied Probability Meaning – Determining What Outcome to Bet On

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Last Updated: May 31, 2022


The implied probability is a direct reflection of a probability of an event happening. It represents a conversion of a probability of a specific outcome into betting odds you can wager on.

The higher the implied probability of a team winning is, the lower the potential payouts will be, and vice versa.

While the implied probability isn’t a winning guarantee, you can use it to assess whether or not you should bet on a particular game or event.

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