The odds indicate how many times your stake will be multiplied in your total payout. For example: AR$100 bet at 1.50 odds will pay out $150 ($50 profit, plus yourR$100 stake).

The first thing you need to understand is what basic betting odds mean. Let's take odds of 2/1. This means that you need to bet one unit to win two back. Odds of 4/1 means that you bet one unit to win four back.