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GemBet Bonuses
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GemBet Bonuses
GemBet Bonuses
How Do Sports Odds Work
Decimal Odds Explained
- Example Bet Stake: $10 Odds: 2.50 You have a bet worth $10 at 2.50 odds placed on a team.
- Solution $10 (stake) × 2.50 (odds) = $25
- Potential Return: If you win your bet, you receive $25. This amount is composed of your initial bet of $10 plus the remaining $15 of profit.
How to Calculate Potential Return Using Decimal Odds
- Example Bet Stake: $10 Odds: 2.50 You have a bet worth $10 at 2.50 odds placed on a team.
- Solution $10 (stake) × 2.50 (odds) = $25
- Potential Return: If you win your bet, you receive $25. This amount is composed of your initial bet of $10 plus the remaining $15 of profit.
Let's go through an example to clarify that.
- Example Bet Stake: $10 Odds: 2.50 You have a bet worth $10 at 2.50 odds placed on a team.
- Solution $10 (stake) × 2.50 (odds) = $25
- Potential Return: If you win your bet, you receive $25. This amount is composed of your initial bet of $10 plus the remaining $15 of profit.
Interpreting Decimal Odds
- Example Bet Stake: $10 Odds: 2.50 You have a bet worth $10 at 2.50 odds placed on a team.
- Solution $10 (stake) × 2.50 (odds) = $25
- Potential Return: If you win your bet, you receive $25. This amount is composed of your initial bet of $10 plus the remaining $15 of profit.
Advantages of Decimal Odds
- Example Bet Stake: $10 Odds: 2.50 You have a bet worth $10 at 2.50 odds placed on a team.
- Solution $10 (stake) × 2.50 (odds) = $25
- Potential Return: If you win your bet, you receive $25. This amount is composed of your initial bet of $10 plus the remaining $15 of profit.
Converting Decimal Odds to Other Odds Formats
- Example Bet Stake: $10 Odds: 2.50 You have a bet worth $10 at 2.50 odds placed on a team.
- Solution $10 (stake) × 2.50 (odds) = $25
- Potential Return: If you win your bet, you receive $25. This amount is composed of your initial bet of $10 plus the remaining $15 of profit.
To American Odds
- Example Bet Stake: $10 Odds: 2.50 You have a bet worth $10 at 2.50 odds placed on a team.
- Solution $10 (stake) × 2.50 (odds) = $25
- Potential Return: If you win your bet, you receive $25. This amount is composed of your initial bet of $10 plus the remaining $15 of profit.
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