As known from:
The SunFootball365Sportskeeda
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Contains commercial content
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Betting.net / What is a Pay Out? Pay Out In Betting Explained

What is a Pay Out? Pay Out In Betting Explained

Publish Date: March 31, 2021
Fact checked by: Jesse M Cox

The pay out is the amount of money given back to a bettor by a bookmaker as the result of a successful bet. Calculating the exact pay out available on a particular bet will depend up the amount of money wagered, the odds offered by the bookmaker and the type of bet which was placed. When placing a bet it’s important to work out exactly what the pay out will be in order to ascertain whether it is genuinely a bet worth placing.

Our Top 5 Favorite Sportsbooks

Bet365
1.
Favicon
4.6/5
Bet $1 & Get $365 in Bonus Bets
Virginia
Players from Virginia accepted
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
Caesars
2.
Favicon
4.6/5
Bet $50 Get $250 in Bonus Bets
Virginia
Players from Virginia accepted
E-Check
PayNearMe
Skrill
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
PointsBet
3.
Favicon
4.5/5
5 x $50Bet Credits
Virginia
Players from Virginia accepted
E-Check
Prepaid Card
PayNearMe
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
BetMGM
4.
Favicon
4.5/5
up to $1,500 back in Bonus Bets
Virginia
Players from Virginia accepted
PayNearMe
PayPal
Bank Transfer
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
Unibet
5.
Favicon
4.5/5
$100 Second Chance Bet
Virginia
Players from Virginia accepted
E-Check
Prepaid Card
PayNearMe
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+

How is a Pay Out used in Sports Betting?

The pay out received after a bet has been placed will vary depending upon the type of bet, and it is important to remember that the pay out on a bet placed using either fraction odds or decimal odds will include the original stake. The amount of profit made on the bet will be the total pay out, minus the original stake. For example:

A successful single bet of £5 on Liverpool beating Manchester City at odds of 3/1 will produce a pay out of  £20 which, minus the original stake of £5, gives a profit of £15.

An each way bet of £7 on horse race in which the horse in question comes in second at odds of 16/1 will require a stake of £14 and will produce a pay out of £29.40 which, minus the stake of £14, gives a profit of £15.40.

It should be noted that different bookmakers offer different maximum pay outs on a range of sports, running from as much as £2million on football matches to £100,000 on golf.

Although a pay out would traditionally always have been claimed at the end of a sporting event, many bookmakers now offer the option of cashing out early, which generally involves accepting a smaller pay out during the course of an event in order to avoid the risk of the result shifting and the bet becoming a losing bet.

See Also:

Accumulator

Double Bet

 

Read Also
What is Moneyline? Moneyline Explained in 2 minutes
Moneyline is another name for the use of American odds. Like other ...
What is American Odds? American Odds Explained in 2 minutes
American odds are also known as moneylines, and, like other odds, are ...
BetMGM Promo
What is Odds On? Odds On Explained in 2 minutes
The odds-on any bet are offered by the online bookmakers as an ...
What is Fractional Odds? Fractional Odds Explained in 2 minutes
The odds on a bet represent how likely one of the bookmakers ...
What are Even Money Odds? Even Money Odds Explained
What are even odds in betting? Even money – or evens – ...
Sportsbook of the month
PointsBet - Get your Bonus Bet now! Get your Bonus Bet now!
Top Betting Sites
Top Betting Bonuses
Bet365
Bet365
Bet365 Review
4.6/5
Caesars
Caesars
Caesars Review
4.6/5
PointsBet
PointsBet
PointsBet Review
4.5/5
BetMGM
BetMGM
BetMGM Review
4.5/5
Unibet
Unibet
Unibet Review
4.5/5
Bet365
Bet365 Bonus
Bet $1 & Get $365 in Bonus Bets
T&Cs apply
4.6/5
Bet $1 and Get $365in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
Caesars
Caesars Bonus
Bet $50 Get $250 in Bonus Bets
T&Cs apply
4.6/5
PointsBet
PointsBet Bonus
5 x $50Bet Credits
T&Cs apply
4.5/5
BetMGM
BetMGM Bonus
up to $1,500 back in Bonus Bets
T&Cs apply
4.5/5
Unibet
Unibet Bonus
$100 Second Chance Bet
T&Cs apply
4.5/5
21+ and physically present in VA only. Terms & Conditions apply. If you or someone you know has a gambling problem, please call, text or chat, VA Council on Problem Gambling on their confidential and toll free helpline at: 1-888-532-3500.
Latest News
Las Vegas adult venue steps in after recent MGM cyberattacks
Amid the turmoil caused by recent cyberattacks at ...
Over $20 Billion In Revenues Since Legalization Of Sports Betting
Legal sports betting has only been in existence ...
Draftkings And Fanduel Battle For Control On NY Sports Betting Market
The battle between DraftKings and FanDuel for supremacy ...
Kansas Records $1.85 Billion Of Bets In First Year Of Sports Betting
It’s been a successful first year of operation ...
Las Vegas hotel manager allegedly embezzles $773k in fake refund scheme
Brandon Rashaad Johnson, a former Las Vegas strip ...
All Odds Categories
Show More
Get the latest updates in Sports and Casino via our Newsletter
Poker & Bingo

Full coverage of poker and bingo, from reviews of providers to guides and much more besides!

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

21+NCPG
Move to Top
Close
Players accepted in the US US Flag
Stake.us Exclusive Bonus
$25 No Deposit + 250,000 Gold Coins + 5% Rakeback
Promo Code
Copy
Visit Site
T&Cs apply, 18+
Payment Methods
Bitcoin
Litecoin
Ethereum
Dogecoin
Highlights
  • Exclusive promo code: BETCRYPTO
  • Drake loves this social casino!
  • Play for free with Gold Coins!
Stake Originals
Dice
Crash
Plinko
Mines
×
Your Bonus Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site