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As likely as they're to win, there’s nonetheless a chance that they won’t. Do we actually wish to put $100 on the line for the sake of profitable just $11. Sure, we would win wagers like this 80% of the time, however that wouldn’t be enough to make an total revenue. An 80% hit price at these odds would imply we’d lose $200 for each $88 won. Even with a 90% hit rate, we’d lose $100 for every $99 won.
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