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Is the vig set by the sportsbook operator or sportsbook provider? If the implied probabilities of all outcomes totaled 100%, then the bookmaker wouldn't be able to make any profit. Calculate the Implied Probabilities Remember that moneyline odds show you two things: 30 = 1. If you ever feel like having a vig be part of the sports-betting process isn't fair, remember that it's effectively the same as a casino having its house edge.

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