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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.
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  • What is a Draw No Bet? Draw no bet means you wager on one team to win a match, but your stake is refunded if it ends in a draw. This market works as insurance in case your bet does not come in.

    Here are the steps on how to bet on iLOT Bet:

    1
    Create an account. You can create an account on the iLOT Bet website or mobile app. ...
    2
    Deposit funds. ...
    3
    Select a sport and market. ...
    4
    Select your odds and stake. ...
    5
    Place your bet.
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