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Bookmakers release initial or opening odds, which may change as bets are placed. The closing odds are the final odds at the start of the match. Understanding these changes can provide insights into shifting perceptions and team strengths. Super Bowl Winners, Bookmakers build a margin into their odds to ensure a profit. This margin is the difference between the odds they offer and the true probability of an event occurring. Savvy bettors consider these margins when evaluating potential value in a bet.
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