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Use the following formula for anything with a minus sign in front of it, but drop the negative sign. Most commonly, sportsbooks will offer a 20-cent line. That adds up to 103. You may look at Super Bowl odds and see a bunch of teams with long odds and think you're getting a great deal. When you add those up Super Bowl probabilities, it comes out to much higher than 100% - in this example, it's 133%. The Importance of Reduced Juice win win sport betting

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