Submitted by adebar t3_z049lt in dataisbeautiful
Ravmagn t1_ix3ogbt wrote
I see Netherlands going far in this tournament and a more likely candidate to win than Brazil.
adebar OP t1_ix4m1gk wrote
Just to clarify where the probabilities come from: The probabilities are the implied probabilities from the betting markets for each of those events (p = 1 / odds). This is purely based on the quotes from the market and does not involve any modelling/forecasting.
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