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Implied probability is the likelihood of an event happening according to the odds. Punters can use implied probability to assess whether the odds offered by a bookmaker represent value. NRL Games in Perth 2023, Beyond the thrill of the race itself, the Melbourne Cup is synonymous with tradition and prestige. The fashion and style displayed by racegoers are as much a focus as the equine athleticism on the track. The coveted trophy, a gold cup, adds to the allure, and winning it cements a horse's place in racing history.
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