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In American odds, a team with odds of +200 is considered to have a 33.33 percent chance of winning (100 divided by 300). By comparing the implierummy nod probabilities derived from odds with your own assessment of the true probabilities, you can identify potential value bets where the odds offered by a bookmaker are higher than the actual likelihood of the outcome occurring. This can be a key strategy for long-term success in betting.

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