Implied probability, as used in sports betting, refers to how likely the odds are that a particular occurrence will occur. It could be useful in figuring out the bookmaker's edge in a betting market.
More importantly, implied likelihood can truly assist us in determining whether or not a wager provides value to us.
This is an excellent maxim to live by: only only make a bet when it makes sense. When the odds are more than what you believe they ought to be, value exists. Whether or whether this really is the case is shown by implied likelihood.
More importantly, implied likelihood can truly assist us in determining whether or not a wager provides value to us.
This is an excellent maxim to live by: only only make a bet when it makes sense. When the odds are more than what you believe they ought to be, value exists. Whether or whether this really is the case is shown by implied likelihood.
