Mathias Grey
Admin
Posts : 214
Join date : 2014-02-13
Age : 32
Location : New York, NY
 | | Subject: How Betting Works Tue Mar 29, 2016 9:51 pm | |
| Each week we stream our shows live. During this odds will be provided for each match with options to do LIVE betting!!!
For instance..
2:1 Joe Smith vs. John Doe
What this means is that Joe has 2:1 odds, which gives John 1:2 odds. Which you win $2 for every $1 that you put in for Joe, and $1 for every $2 you put in for John.
So if you put $200 on Joe. You would walk away with $400, including your wager.
If you were to put $200 on John. You walk away with $300, including your wager.
Of course this means that John Doe is a lot better than Joe Smith, so it would be a risk to place the bet on Joe, even though it pays out more.
Last edited by Mathias Grey on Thu Apr 07, 2016 5:40 am; edited 3 times in total | |
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