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For example, if the odds for a particular team to win a championship are +500, this means that a bettor would receive a payout of $500 for every $100 they wagered if that team goes on to win the championship.
Odds of +200 mean you can win $200 on a $100 bet, but there's no quick way to determine the implied winning probability. If these odds appeared as fractional odds 2/1 you could quickly solve for the implied winning probability using this formula: Decimal / (Numerator + Denominator) x 100%
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(NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced the completion of its acquisition by an affiliate of STG in an all-cash transaction valued at approximatelyR$1.4 billion.
Combined with their significant operational and financial resources, STG brings deep investment experience in the technology sector that will accelerate the achievement of Avid's strategic vision, building on the momentum of our successful ongoing transformation achieved over the past several years.