Single bet

A single bet involves wagering on a specific event, such as a match or race. If the outcome is correctly predicted, the bettor wins.

Winnings Calculation: The potential payout is determined by multiplying the odds of the chosen outcome by the amount wagered.

Example: Bets are placed on the result of a match between Barcelona and Atletico Madrid.

The possible outcomes for the match are:

• Barcelona wins (odds of 2.5)

• The match ends in a draw (odds of 3.0)

• Atletico Madrid wins (odds of 2.8)

If a bettor stakes $10 on Barcelona to win, the winnings would be $25 (odds of 2.5 x stake of $10), assuming Barcelona secures victory in regulation time.