Moneyline and point spread wagers differ in one significant way: moneyline bets are decided by the outright winner while point spread wagers consider the final margin of victory. With the moneyline, you're betting on a team or person to emerge victorious. If that team or person wins, you win your bet simple as that.
Drake revealed Thursday night that he wagered big money on Logan Paul to beat Dillon Danis by knockout in their boxing match Saturday. The rap icon posted a screenshot of his bet on Instagram, showing proof that he putR$850,000 on Paul to win by knockout. If Paul comes through, Drake will winR$1.351 million.
Sportingbet Type Subsidiary Industry Gambling Founded 1997 Headquarters London, United
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The math behind calculating payouts on sports bets
1
When the odds are negative, change the number to positive and use this formula: 100/Odds * Stake = Profit.
2
When the odds are positive: Odds/100 * Stake = Profit.