When tossing a coin there can only be two outcomes; heads or tails. We know that the
probability of 🍌 the coin toss to land on either heads or tails are 50% each. In decimal
odds, this equals to an 🍌 odds of 2.00 for either outcome.
This is called the “fair odds”
and represents the true probability of an outcome to 🍌 occur if the bookmaker wouldn’t