# You asked: How does a bet slip work?

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## How do you do a Betslip?

How do I use the bet slip?

1. Find the market and runner – or match – you want to bet on,
2. Click the odds you would like and ‘Add to Bet Slip’,
3. Go back to the site and continue adding other bets or place your bet now,
4. Choose the type of bet you’d like to place,
5. Enter your stake.

## How do you read a Betslip?

If an outcome has a negative number (e.g. -125), that’s how much money you have to bet to win \$100 (e.g. a wager of \$125). If the number is positive, that’s how much a bet of \$100 will pay out. E.g. a \$100 bet on odds of +250 carries potential winnings of \$250.

## Can you lose money on a bet even if you win?

Yes, you can lose money on a winning bet – but there’s nothing underhand about this fact. There are several scenarios where you will get a return off a bet that won’t be as much as the stake you placed, meaning you have lost on a winning bet.

## What is add to betslip?

If you want to place a bet, you must first add a selection to your bet slip. In order to do this, you simply need to click on the ‘Odds’ (i.e. 3/1) next to the selection you’ve bet on. This will add the selection to your betslip.

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## How do I check my bet slip on Socabet?

How can I check soccabet betslip? You can check your soccabet betslip by clicking the “check betslip” option at the top of the home page.

## What are 5 to 1 odds?

Example #1: A horse that wins at 5-1 will return \$5.00 for every \$1.00 wagered. If you had placed the minimum bet of \$2 on that horse to win, your payoff will be: \$10 (5 x 1 x \$2) + your original bet of \$2 – for a total of \$12. Example #2: A horse that wins at 9-2 will return \$4.50 for every \$1.00 wagered.

## What do odds of +200 mean?

Getting odds at +200 can be extremely valuable if you are able to win the bet. For example, if you were to place a bet of \$100 on a team with odds at +200 you would win \$200 for that play. You would also get your \$100 bet back, meaning that \$300 would go back into your account.

## Can I lose more money than I bet?

When you bet value bets (especially underdog bets with value), you may lose more bets than you win. This is okay, though, if you’re really finding value.

## How much do I lose if I lose a bet?

If it loses, you lose only the \$100 that you risked. You always have to risk more on a favorite than you’d win on an underdog…otherwise, sportsbooks would be out of business.

## What happens if you lose a moneyline bet?

This is the same for sports where you have individuals instead of teams competing. For example, if you make a moneyline bet that Roger Federer will win his next tennis match, you will win your bet when he wins and lose your bet when he loses. It does not matter how he wins or by how many sets he wins.

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