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To calculate your potential payout on an underdog, all you need to do is multiply your stakes (the amount of money you wagered) by the value resulting from the moneyline odds divided by 100. Put simply: Potential profit = Wager x (Odds/100). This is called your betting unit size. We typically recommend that a sports investor bet 1%-3% of their bankroll on each bet. Conservative sports investors (or beginners) should bet 1%-2% on a play. Note that professional's betting unit sizes are normally in the 1% range. ------------------------------------------------------------------
In South Africa, there are various forms of gambling such as casinos, sports betting, limited payout machines (in clubs, pubs, restaurants, etc), lottery, online gambling, scratch cards, etc. Yes, Hollywoodbets South Africa is licensed and regulated by the Gauteng Gambling Board, the Limpopo Gambling Board, and the Mpumalanga Economic Regulator. Additionally, certain Hollywoodbets products are licensed by the KwaZulu Natal Gambling Board and the Western Cape Gambling Board. |
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