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To calculate your potential payout on an underdog, all you need to do is multiply your stakes (the amount of money you wagered) by the value resulting from the moneyline odds divided by 100. Put simply:
Potential profit = Wager x (Odds/100)
.
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They are American money line odds; for example, +200 signifies
the amount a bettor could win if wageringR$100
. If the bet works out, the player would receive a total payout ofR$300 ($200 net profit +R$100 initial stake).
How Do Odds Work in Betting? - Investopedia
investopedia : articles : investing : betting-basics-fractional-dec...
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