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What is a Single Bet?

Explaining different bet types

The easiest and most popular type of bet is the Single Bet. On a single bet, you bet on a singular (one) outcome occurring.

The amount you win from a Single Bet is the odds of the event multiplied by the amount you decided to bet.

For instance, on the example provided below, let's suppose the client placed a 100 BRL on the English Derby between Manchester United and Liverpool.

In this example, the client placed a 100 BRL bet on a Manchested United win (with odds of 2.5). In case Manchester United does indeed win the match, the client would have won 250 BRL as a result of that (100 BRL x 2.5).

If the match ended in a draw or if Liverpool were to win, this would mean that the client would have lost the bet and would not have pocketed any amount.

Bet#

Event

Odds

Outcome

1

Manchester United v Liverpool (for Manchester United to win)

2.5

Won

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