Sports Betting on Mobile<\/h2>\n
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Using the above example of Man City vs Luton, we can find the implied probability of the Evens bet (Luton +3) happening. Different sportsbook providers will have different bet limits, so it\u2019s best to check your bookies\u2019 terms and conditions to find out what the biggest bet you can place is. In the case of 6\/1 odds, the bookmaker stakes six times the amount wagered by the bettor.<\/p>\n
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Prices may move as information changes or liquidity enters the market. Rounding varies by operator, and overround means the sum of implied probabilities in a market will usually exceed 100%. You can convert decimal odds to an implied percentage by dividing 1 by the decimal price and multiplying by 100.<\/p>\n
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