Quote:
Originally Posted by LoOnEyToOnZ
I thought the correct way would be for the $100 initial bet to be included within the $170 winning though.... since 1.7 odds usually means that you win only 0.7
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No.
Say for instance you made a $10 bet on something with 42-1 odds.
Say you had $500 before making the bet.
If you lose, you would be down $10 and your balance down to $490, but if you win you would win $420 making your balance now $920.
I made a $10 bet on the Ravens to win the Super Bowl in 2000 on 42-1 odds before the season started. $420 was deposited to my account the day after the Super Bowl for my winnings.
So basically if you bet $10 on something on 10-1 odds and win, you would win $100, or if you lost would only lose your initial $10.