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Implied probability is useful because if your estimate of the probability of an event occurring is different than a sportsbook’s you can and should adjust your bet accordingly. Therefore, if you wager $40 on Pittsburgh, you will win $30.77, and your payout would be $70.77 . You can use the formula below to calculate the potential winnings for any value you wish to wager. In order to win $100 on the Penguins , you’ll need to wager $130.
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Spread betting lines will also move slightly throughout the week depending on how the best are coming in. The other major change is, of course, Cam Newton, who will get his first start of the season on Sunday.
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