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# TRUE ODDS DEFINITION

## What are True odds?

True Odds are an accurate reflection of the underlying probability for an event. A sportsbook will then add their margin (or 'juice', 'vigorish') in order to make a profit. If an event occurred where both teams were 50% chance of winning, the true odds would be +100 ($2.00) but the sportsbook would usually list this at -110 ($1.91) given their margin.