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Odds of +200 mean you can winR$200 on aR$100 bet, but there's no quick way to determine the implied winning probability. If these odds appeared as fractional odds 2/1 you could quickly solve for the implied winning probability using this formula: Decimal / (Numerator + Denominator) x 100%
Odds with a negative (-) symbol indicate the betting favorite. The number that follows the negative symbol (the odds) reveals how much to bet for everyR$100 you want to win. For example, as explained above, if the team you're betting has -110 odds, you need to wagerR$110 to winR$100.
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    Sportingbet is a British online gambling operator, owned by Entain plc. The company was listed on the London Stock Exchange and was a constituent of the FTSE SmallCap Index prior to its acquisition by GVC holdings.
    Mark Blandford
    Sportingbet Founder. Mark Blandford, a British entrepreneur, is the originator of Sportingbet. He established Sportingbet in 1998. It was one of the first online gambling companies to offer sports wagering, and it quickly grew to become a major player in the industry.
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