Convert both sides to implied probability, divide each by their total so they add up to 100%, and convert back to odds.
Example-120 / +100 is 54.5% + 50% = 104.5%. De-vigged: 52.2% and 47.8%, about -109 / +109.
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Convert both sides to implied probability, divide each by their total so they add up to 100%, and convert back to odds.
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