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That it calculator have a tendency to convert “likelihood of winning” an event on the a possibility fee threat of victory. The chance of winning try 1 out of one thousand, because the chance of losing is actually 999 from a lot of. Therefore a single bet, state 123, have a-1 inside a lot of threat of winning. Hence, with regards to chance, it means “step one to 499 chance for successful” that’s exactly the same as “499 to one opportunity to own dropping.” All of these most likely suggest step 1 threat of effective away from five-hundred overall you are able to effects. If you utilize football teams chance or playing odds and you can comprehend the chances are high 9/2, this is most likely odds facing effective.
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