When tossing a coin there can only be two outcomes; heads or tails. We know that the probability of 🫰 the coin toss to land on either heads or tails are 50% each. In decimal odds, this equals to an 🫰 odds of 2.00 for either outcome. This is called the “fair odds” and represents the true probability of an outcome to 🫰 occur if the bookmaker wouldn’t |
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