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How is a Cash Out calculated? Cash Outs are calculated just as a sportsbook would offer odds on any type of wager. The sportsbook will determine a price based on a variety of factors and offer this price to the bettor. With a Cash Out, the price is what the sportsbook determines as the current value of the wager.The odds indicate how many times your stake will be multiplied in your total payout. For example: AR$100 bet at 1.50 odds will pay out $150 ($50 profit, plus yourR$100 stake).
How is a Cash Out calculated? Cash Outs are calculated just as a sportsbook would offer odds on any type of wager. The sportsbook will determine a price based on a variety of factors and offer this price to the bettor. With a Cash Out, the price is what the sportsbook determines as the current value of the wager.
The odds indicate how many times your stake will be multiplied in your total payout. For example: AR$100 bet at 1.50 odds will pay out $150 ($50 profit, plus yourR$100 stake).
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Type | Subsidiary |
Industry | Gambling |
Founded | 1997 |
Headquarters | London, United Kingdom |
Key people | CEO Kenneth Alexander |
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