Home / Glossary / Implied Probability

Implied Probability

Dave Kuzio

TwitterLinkedIn

Content Manager

Publish Date: 19/11/2024

Fact checked by: James Leeland

Implied Probability is how the bookmaker sees each bet and how likely it will happen.

A broad example of implied probability is as follows. If the odds for a bet are 100/1, this means the implied probability is 1% and the bookmaker does not think it has any real chance of being a winning bet.

More Glossary Entries

1X2 Acca Insurance Accumulator Against The Spread American Odds Ante Post Arbitrage Asian Handicap Back Back Door Cover Bad Beat Banker Bar Bet Bet Builder Betting Exchange Betting Limits Betting Slip Bookmaker Brace BTTS Bumper Cash Out Chalk Clean Sheet Closing Line Commission Correct Score Betting Decimal Odds Double Bet Draw No Bet Dutching Each Way Edge eSports European Handicap Even Money Favourites Fixed Odds Betting Flat Racing Fractional Odds Free Bet Full Time Result Futures Betting Half Time Result Hat Trick Hedging Heinz IBAS In-Play Betting Joint Favourites Lay Lengthen Long Shot Lucky 15 Lucky 31 Lucky 63 Martingale Maximum Bet Middle Minimum Bet Moneyline National Hunt No Deposit Free Bet Non Runner Odds Off The Board Outright Betting Outsider Overround Palpable Error Parlay Patent Pick ‘Em Place Betting Placepot Price Prop Bet Punter Request A Bet Return Sharp Spread Betting Square Stake Suspended Odds Terms And Conditions Tipster To Place To Win To Nil Treble Underdog Void Bets Yankee

Latest News

Super League Round 19 Betting Previews, Tips & Predictions - July 16th-19...

As always, there will be seven Super League ...

Super League Round 19 Betting Acca & 1st Try Scorer Tips

Super League reaches round 19 this weekend as ...

Problem Gambling Rate in Great Britain Falls to 2.4%, Survey Finds

The problem gambling rate in Great Britain dropped ...

Worksop Town land Wembley hero Kian Harratt on permanent deal

Worksop Town have pulled off one of the ...

Spaniards and Argentines Who've Graced England's Lower Leagues

Sunday's World Cup final at MetLife Stadium will ...

Bookmaker of the Month

Get Your Bonus!

Trending Now

Super League Round 19 Betting Previews, Tips & Predictions - July 16th-19th 2026

Super League Round 19 Betting Acca & 1st Try Scorer Tips

Problem Gambling Rate in Great Britain Falls to 2.4%, Survey Finds