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He now expects to lose 10 cents twice, 90 cents once and also win AUD 1. Successfully earning a profit of somewhere around 70 cents. He managed to get a good value on account of getting two bets while paying only for one.
Although 70 cents might not seem like a lot, what if the bet were made on AUD ? The expected profit for David would have totaled AUD Not bad for a quick wager!
Somehow, Steve landed a bet for 2. He is awarded an AUD 1 free bet by his betting agency as a bonus on the deposit. If he does win, he has calculated he can win AUD 3.
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