if a Dragonite with Life Orb could only manage one Dragon Dance, the overall boost would be x1.95, but if a Dragonite with Leftovers managed to get two Dragon Dances courtesy of the additional HP, the overall boost would be x2, on top of the 6.25% health gained per turn
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When using Leftovers, it is often advised to make your HP divisible by 16, +1. This will allow for a "magic" Leftovers number (a number divisible by 16), while the +1 allows essentially for a "free" hit point due to the floor function in the damage formula.-Smogon