As known from:
The SunFootball365Sportskeeda
pro
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
Alerts
Latest Deals
pro
Betting.net / Betting Terms A-Z / P / 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.
4.8/5
Get $150 in Bonus Bets Win or Lose when you bet $5!
USA
USA Players Welcome
Virginia (US) Lottery Board
Bet now
GAMBLING PROBLEM? CALL OR TEXT 1-800-GAMBLER (AZ/CO/IL/IN/KY/LA/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ only (18+ in KY). Must be present in AZ/CO/IA/IL/IN/KY/LA(select parishes)/NC/NJ/OH/PA/TN/VA. *This Referral Code is used for marketing/tracking purposes only. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply.
BetMGM
2.
4.5/5
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
USA
USA Players Welcome
PayNearMe
Skrill
PayPal
Virginia (US) Lottery Board
Bet now
Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.
FanDuel
3.
4.4/5
Bet $5 Get $200 in Bonus Bets If Your Bet Wins!
USA
USA Players Welcome
Prepaid Card
PayNearMe
PayPal
Virginia (US) Lottery Board
Bet now
Gambling Problem? Call 1-800-GAMBLER or visit RG-help.com. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. Gambling HelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ D.C.) To claim, new users need to register, make a first-time deposit of $5 or more, and then simply place their first real-money wager on any FanDuel Sportsbook market (no odds limits) that is live on platform. All users will receive their $200 in Bonus Bets If Your Bet Wins within 72 hours of the bet settlement. Restrictions apply. See terms at sportsbook.fanduel.com.
Caesars
4.
4.3/5
Bet $1, Double Your Winnings Your Next 10 Bets
USA
USA Players Welcome
E-Check
PayNearMe
PayPal
Virginia (US) Lottery Board
Bet now
21+ New users only. Must register using eligible promo code. First bet after registration must qualify. Max. Bonus Bet: $1,000. Bonus Bet expires 14 days after receipt. Void where prohibited. See Caesars.com/promos for full terms. Gambling Problem? 1-800-GAMBLER (1-800-426-2537)
DraftKings
5.
4.2/5
New Customers Bet $5, Get $300 in Bonus Bets If Your Bet Wins!
USA
USA Players Welcome
PayPal
VIP Preferred
Play+
Virginia (US) Lottery Board
Bet now
T&Cs and 21+ apply

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 Fixed Odds? Fixed Odds Explained in 2 minutes
Fixed odds are the odds offered by a bookmaker on an event ...
What is an Anytime Touchdown Scorer?
A touchdown is a means of scoring six points during a game ...
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 an Odd Even Bet? Odd Even Bet Explained
An odd even bet refers to a wager that predicts the total ...
What is the meaning of Anytime Correct Score?
We think that the anytime correct score bet is great fun, but ...
Top Betting Sites
Top Betting Bonuses
Bet365
4.8/5
BetMGM
4.5/5
FanDuel
4.4/5
Caesars
4.3/5
DraftKings
DraftKings
DraftKings Review
4.2/5
Bet365
Bet365 Promo
Get $150 in Bonus Bets Win or Lose when you bet $5!
T&Cs apply
4.8/5
GAMBLING PROBLEM? CALL OR TEXT 1-800-GAMBLER (AZ/CO/IL/IN/KY/LA/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ only (18+ in KY). Must be present in AZ/CO/IA/IL/IN/KY/LA(select parishes)/NC/NJ/OH/PA/TN/VA. *This Referral Code is used for marketing/tracking purposes only. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply.
BetMGM
BetMGM Promo
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply
4.5/5
Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.
FanDuel
FanDuel Promo
Bet $5 Get $200 in Bonus Bets If Your Bet Wins!
T&Cs apply
4.4/5
Gambling Problem? Call 1-800-GAMBLER or visit RG-help.com. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. Gambling HelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ D.C.) To claim, new users need to register, make a first-time deposit of $5 or more, and then simply place their first real-money wager on any FanDuel Sportsbook market (no odds limits) that is live on platform. All users will receive their $200 in Bonus Bets If Your Bet Wins within 72 hours of the bet settlement. Restrictions apply. See terms at sportsbook.fanduel.com.
Caesars
Caesars Promo
Bet $1, Double Your Winnings Your Next 10 Bets
T&Cs apply
4.3/5
21+ New users only. Must register using eligible promo code. First bet after registration must qualify. Max. Bonus Bet: $1,000. Bonus Bet expires 14 days after receipt. Void where prohibited. See Caesars.com/promos for full terms. Gambling Problem? 1-800-GAMBLER (1-800-426-2537)
DraftKings
DraftKings Promo
New Customers Bet $5, Get $300 in Bonus Bets If Your Bet Wins!
T&Cs apply
4.2/5
Our Team
David Genge
David Genge
Editor
Jesse M Cox
Jesse M Cox
Chief Editor
Alyx Tzamantanis
Alyx Tzamantanis
Editor
Simon Briffa
Simon Briffa
Sports Editor
James Leeland
James Leeland
Editor
Author Icon
Marcus
Content Writer
mikegoodpaster
mikegoodpaster
Head Content Writer
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!

21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.

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.
Virginia Town HallCloudflareSSLco² neutral
Close
Our Sports Pros recommend these awesome Social Casino sites this week:
Stake.us
Stake.us Promo
56 Stake Cash + 560K Gold Coins + 5% Rakeback
T&Cs and 18+ apply
Code:
Open Stake.us
Get Bonus
Fortune Coins
Fortune Coins Promo
Claim Your Free 650,000 Gold Coins & 1,000 Fortune Coins
T&Cs and 18+ apply
Code:
Open Fortune Coins
Get Bonus
×
Your Promo 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