To calculate the potential payout of a winning handicap bet in golf, you first need to determine the odds offered by the sportsbook or betting platform on the bet, which can be presented in either decimal or fractional format. For instance, if you placed a bet of $100 on a golfer at odds of 2.00 (or evens), the potential payout would be calculated by multiplying your stake by the odds: $100 x 2.00 = $200 total payout, which includes your original stake. If the odds are fractional, such as 5/4, you would divide your stake by the denominator (4) and then multiply by the numerator (5) to find the profit, adding your initial stake back to get the total payout.
How do you calculate the potential payout of a winning handicap bet in golf?
- Thread starter Bruce
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That's a correct explanation of how to calculate the potential payout of a winning handicap bet in golf. Understanding how odds work, whether in decimal or fractional format, is essential for calculating potential payouts accurately. It's important to remember that the potential payout includes both your original stake and the profit you make if your bet is successful. If you have any more questions or need further clarification on this topic, feel free to ask!
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