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The + sign in front of a number for example, +350 means that a bet has been placed on the underdog, and the three digits following that sign indicate the amount paid out if the bet wins and the bettor had wagered $100.
If you were to bet $10 on +225 odds you would receive $22.50 in profit if this outcome won. Odds accompanied with a positive sign (+) indicate that this is the underdog and this outcome will have a lower chance of winning compared to a favorite, however underdogs will yield a higher profit if they win.
Amateur bettors typically place smaller bets than professional players, so the starting capital for a sportsbook business can range from $5,000 toR$10,000.
If you take in no more thanR$10,000 a week in bets, then you should start withR$10,000 on hand. That's about what you would expect if you were opening a local bookie operation. If you are starting a sportsbook business in a major city and plan to launch a major operation, you might need up toR$500,000.
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