June 2014
May 2014
April 2014
August 2011
March 2011
December 2010
October 2010
May 2010
February 2010
January 2010
December 2009
Home > How to calculate the winnings on online betting?
How to calculate the winnings on online betting?
Online betting draws more and more people online. It is now possible to bet via internet on a sport event like a match of soccer or tennis match, thanks to online sport betting addresses. Know for those who overlook that a sport betting consists of gambling a certain amount of money on the sport competition’s winning possibility. To win a bet, for example a bet put on a football match, the gambler has to estimate which of the two teams will win the match. Before making bets, the gambler will know the amount of his winnings provided that his estimation would happen. And that is possible with the odd system used by bookmakers.

Indeed, online betting websites apply an odd for each gamble. The amount of a winning bet is calculated under the multiplication of the odd with the amount of the gamble. In general, low odds are given by the bookmakers for the most probable winner team or athlete, whereas higher odds are used in gamble on the less probable winner team or athlete. As an example, a €10 gamble with 1.6 odd allows the gambler to receive €16 of earning, if he betted on the winner team.

Bookmark and Share
Thuesday, 27 May 2014
Source :
469 visits
Add a comment
Type in your username:
Type your message:
Input the security code:
:koi: :) :( :D ;) :hein: :nah: :pff: :p :grr: :heu: :lol: :wahou: :fou: :love: :cry: :rox: :zzz: :snif: :jap: :non: :hello::bnc: :hot: :spookie: :gun: