Quote:
Originally Posted by massizero
Hi,
is there a way to deny the fact that "Stakes are also returned in the event of a winning bet."?
It happens that when someone bets on an event and he wins, he gets back even the stakes.
Example:
odd 2 to 1
he bets 100, he gets back 300 (200 from the bet, 100 Stakes are returned for the winning bet.)
While he should get back only 200...
Thanks,
M
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As I understand it, it is normal betting practise for the stake to be returned on winning bets. Once the bet has been placed, vBookie deducts the stake from your Bank as soon as a bet is struck, which should be returned on a winning bet
Win Bet Example
?100 win on Red Rum at 2/1. If Red Rum doesn’t win then you lose your stake. If Red Rum does win then you multiply your stake by the odds ?100x2 =200 and you receive your ?100 stake back. So your total return on this bet would be ?300. Your profit on the ?100 stake would be ?200.