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How Do Payouts Work in Sports Betting?
How Do Payouts Work in Sports Betting?
Sports betting payouts are determined by the odds attached to your bet and the amount of your wager. This potential payout is always listed on your betting slip, whether you wager online or in person.
Sometimes the payout shown includes the money you wagered—for instance, if you bet $10 to win $50, the payout would show $60. If it doesn’t, just add the amount you bet to the potential winnings to determine the total payout.
You can also calculate potential odds and payouts before making a bet. This can be done by learning various odds and payout formulas, or by using an online betting/odds calculator.
Some online sportsbooks 레이스벳 do offer payout bonuses, which can boost your winnings. If and when these bonuses are available, you’ll receive an alert when you log into your online betting account.
Bettors can withdraw funds from their betting accounts at any time. How long it takes for the money to hit your bank account varies by sportsbook—which is another thing to look into when researching the best sportsbook for you.
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