When tossing a coin there can only be two outcomes; heads or tails. We know that the

probability of 4️⃣ the coin toss to land on either heads or tails are 50% each. In decimal

odds, this equals to an 4️⃣ odds of 2.00 for either outcome.

This is called the “fair odds”

and represents the true probability of an outcome to 4️⃣ occur if the bookmaker wouldn’t