Assertion: bookmaker | /r/HasProperty | generated
Facets:
Source sentences:
text: Logically the result of an event can only be 100%, but we can see here that by adding up the probabilities (in brackets) we actually arrive at a total of 111.35% this extra 11.35% is called the overround, it is the profit that the bookmaker is expecting to make on this event and is generated by offering worse odds on the event than the actual true odds.