How Earnings Are Calculated on BettorEdge

Before diving into calculations, it's helpful to understand these key terms:

• Quantity: The amount you stake on a bet (your wager)


• Odds/Probability: The likelihood of your bet winning (expressed as American odds or percentage)
• TO WIN Amount: The total payout if your bet wins
• EST. EARNINGS: Your actual profit after subtracting your stake

The TO WIN amount is the total payout you'll receive if your bet wins:

Formula: Quantity ÷ Probability = TO WIN Amount

Example:

• Quantity: $100
• Odds: -100 (50% probability)
• Calculation: $100 ÷ 50% = $200 TO WIN

Your estimated earnings represent your actual profit after costs:

Formula: (TO WIN - Quantity) × (1 - Processing Charge) = EST. EARNINGS

Example:

• TO WIN: $200
• Quantity (stake): $100
• Processing Charge: 1.5% (0.015)
• Calculation: ($200 - $100) × (1 - 0.015) = $98.50
• Net % on Winnings = 1.50 / $200 = 0.75%

BettorEdge applies a 1.5% processing charge on winning bets to the earnings only:

• The charge only applies to winning positions
• Losing bets have no processing charge
• Unfulfilled orders that return to your wallet have no charge

Based on your membership tier, you're eligible to receive your fee back up the the certain Gross limit in the form of a rebate:

At the end of each month:

1. BettorEdge calculates your "Gross Earnings" (sum of all winning positions)


2. The system tallies all processing charges you've paid
3. You receive a rebate up to your tier's maximum amount

Example Scenario:

• Monthly betting activity:
  • Bet 1: $100 stake, $200 TO WIN, WON ($98.50 earnings, $1.50 charge)
  • Bet 2: $10 stake, $20 TO WIN, LOST ($0 earnings, $0 charge)
  • Bet 3: $20 stake, $40 TO WIN, WON ($19.70 earnings, $0.30 charge)
  • Bet 4: $10 stake, $20 TO WIN, WON ($9.85 earnings, $0.15 charge)
• Total Gross Earnings: $128.05
• Total Amount: $1.95
• Rebate if FREEMIUM: $1.50
• Rebate if PREMIUM: $1.95 (full amount)

To maximize your earnings on BettorEdge:

1. Consider upgrading to Premium if you regularly bet with higher amounts
2. Remember that you only pay the processing charge on winning bets
3. Use the formulas above to calculate your potential earnings before placing bets

Understanding these calculations helps you make informed decisions about your betting strategy on the BettorEdge marketplace.