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These types are alternate ways of presenting the same thing and hold no difference in terms of payouts. T p = ( S ( N / D ) ) + SWhere: The potential profit for a Milwaukee win would be even higher because you could make a profit of $700 ($100 x (7/1)). These are a bit easier to work with and understand. Here we can see that the bookmaker correctly priced Biden as the favorite to win the election. The difference between the odds for the favorite and the underdog widens as the probability of winning for the favorite increases. In this matchup, there is a big difference between the two odds, indicating a much higher probability of the Chiefs winning the game. What Are 7 to 2 Odds? Seven to two odds imply that every $2 wagered could win you $7 if the bet is successful. faux saint laurent bag