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Australia, a nation with a deep-seated passion for sports and entertainment, has seen a significant surge in online betting activities. In this comprehensive guide, we will delve into the intricacies of online betting in Australia, exploring the diverse landscape of betting platforms, popular sports markets, regulatory frameworks, strategic considerations for punters, and the ever-evolving world of Search Engine Optimization (SEO) in the online betting industry. Bet Nation Bet nation prediction football tip coral horse racing results yesterday Behind every set of odds lies an implied probability - the estimated likelihood of the predicted outcome occurring. Understanding how to calculate implied probability is crucial for assessing the value of a bet. The formula for converting odds to implied probability varies based on the odds format, and we'll explore each method in detail.