The win probability baked into a price. Convert by dividing 1 by the decimal odds, or with the moneyline formula.
Quick Stats
- Implied Probability: The win probability baked into a price. Convert by dividing 1 by the decimal odd
What Is Implied Probability?
The win probability baked into a price. Convert by dividing 1 by the decimal odds, or with the moneyline formula.
Example
Decimal odds of 2.00 imply a 50% chance; +150 implies about 40%.
Related
See the full glossary and the how-to-bet hub for more.
Frequently Asked Questions
What does Implied Probability mean in betting?
The win probability baked into a price. Convert by dividing 1 by the decimal odds, or with the moneyline formula.
Can you give a Implied Probability example?
Decimal odds of 2.00 imply a 50% chance; +150 implies about 40%.
Where can I learn more?
The betting glossary and how-to-bet hub cover the rest.