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A total bet the combined points scored by each team is the most common form of over/under betting, but the concept is now applied to things like props, regular season wins, and so much more. Total bets are among the most popular wagering options in sports betting, behind point spreads and moneylines.
In order to calculate your potential payout you simply multiply your stakes (the amount of money you wagered) by the odds. For example, if you betR$100 on the Pistons beating the Knicks at 2.25 odds, your total potential payout would beR$225 ($100 x 2.25).
Houston furniture magnate Jim "Mattress Mack" McIngvale made history Saturday night with the largest legal sports betting payout in history $75 million thanks to the Houston Astros' triumph in the World Series.
All sportsbooks have a maximum bet, but it's not really the max bet that matters it's the maximum potential payout. This can be as much asR$250,000 at the best high limit betting sites, while occasionally, it's even higher for those who are in VIP programs.
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