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Step 2: Assess the implied probability: Odds represent the bookmaker's assessment of the likelihood of an outcome occurring. To calculate the implied probability, divide 100 by the odds. For example, if the odds are 2.0, the implied probability is 50% (100/2.0). Understanding the implied probability allows you to determine if a bet offers value. Esports Betting Market, Key factors to consider before placing creative bets
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