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Extend your understanding of psychology to the analysis of betting patterns. Recognize market sentiments, identify herd behavior, and use psychological insights to anticipate market movements. A deep understanding of the psychological aspects can give you a unique edge in strategic decision-making. Kayo Sports Documentaries, When placing a bet, odds are used to calculate the total payout amount that will be returned if it wins; this includes profit as well as their original stake or wager; this percentage also known as implied probability percentage will depend upon both odds format and bookmaker used.
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