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If a team was at +140, that means you only have to riskR$1 to winR$1.40 orR$100 to winR$140. The key thing to keep in mind is that the payouts are constant regardless of how much you bet. To figure out the exact amount of risk/return, just divide the moneyline by 100.
The number that follows the negative symbol (the odds) reveals how much to bet for everyR$100 you want to win. For example, as explained above, if the team you're betting has -110 odds, you need to wagerR$110 to winR$100. If your team has -150 odds, you must riskR$150 to winR$100.
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Sportingbet Founder. Mark Blandford, a British entrepreneur, is the originator of Sportingbet. He established Sportingbet in 1998. It was one of the first online gambling companies to offer sports wagering, and it quickly grew to become a major player in the industry.
Type | Subsidiary |
Industry | Gambling |
Founded | 1997 |
Headquarters | London, United Kingdom |
Key people | CEO Kenneth Alexander |