Curious about the implied probability from betting odds? Enter the odds and our Implied Probability Calculator will show you the implied probability.
Implied Probability Calculator
Implied Probability Calculator
Component | Description |
---|---|
Odds | The odds of a particular outcome occurring. |
Implied Probability | The probability of an outcome occurring, derived from the given odds. |
Formula | Implied Probability = 1 / Odds |
Purpose | Used to calculate the implied probability of an event occurring based on given odds, aiding in decision-making and risk assessment. |