But the probability when betting sports will be greater than 100%, because the sportsbook needs its cut. Use our Odds Converter tool to get implied probabilities, or you can do it yourself. 110 / (110 + 100) * 100 = 52. That means you need to win that bet 52. 8% hold on that game all together before it even begins. Take this hypothetical Yankees-Red Sox game in which New York is favored.Yankees -140Red Sox +120 When you add those up Super Bowl probabilities, it comes out to much higher than 100% - in this example, it's 133%. That's an unbelievably good NFL betting season.
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