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Implied Probability: Implied probability is the likelihood of a particular outcome occurring based on the odds. It can be calculated by dividing 1 by the decimal odds and multiplying by 100. For example, if the odds are 2.50, the implied probability is 40% (1 / 2.50 * 100). NBA Picks and Predictions, To effectively manage your bankroll, it's important to set a betting limit and stick to it. Avoid chasing losses by increasing your bets after a losing streak, as this can lead to reckless betting and potential financial losses. Instead, adopt a disciplined approach and only bet a small percentage of your bankroll on each wager.
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