Implied Probability
The probability a sportsbook's odds suggest for an outcome happening.
Like a weather forecast percentage for rain.
Why it matters
It lets you compare what the market thinks vs. what you think. If your probability is higher, there's value.
How DMP uses this
We show implied probability for every line so you can quickly assess if it's mispriced.
Common mistake
Forgetting this includes the vig. Remove the vig to get "true" probability.