Implied Probability

The chance of an outcome implied by its price. Divide 1 by the decimal odds and multiply by 100.

It is the market's view of likelihood, already including the bookmaker's margin, so it is not a neutral forecast.

2.1047.6%

1.4071.4%

1.0595.2%

25.004.0%

Note: the 1.05 and 25.00 prices are the Inter Milan and Napoli Match Winner prices in the demo's 85th-minute Serie A match, where Inter lead 2-1.

In this demo

Implied probability is a quick calculation you can run yourself from the decimal prices shown in the ticker, the market panels and the bet slip.

Decimal odds express the TOTAL return per £1 staked, including the stake itself — not just the profit.

Add up the implied probabilities of every outcome in a market. The excess above 100% is the bookmaker's built-in margin.

A bet where your own estimate of the outcome's chance is higher than the chance implied by the price.

Bets.tv is a demo environment showcasing simulated betting limits.