Betfair's decision to close in Germany comes on the same day as passage of the 4th Interstate Treaty on Gambling (IST) into law. The treaty, which has been in the works for the last 24 months, creates a national regulatory regime for sports betting in Germany.
We have taken the decision to no longer offer our product to customers with a German country of residence or customers located in Germany. 2. Can I use a VPN or proxy server to access the Betfair site from now on?
Whereas negative (-) odds tell you what you have to bet on the favorite to winR$100, positive (+) odds tell you how much you'll win for everyR$100 you wager on the underdog. So, a team with odds of +120 would payoutR$120 for everyR$100 wager.
So, a bettor looking to winR$100 will riskR$180, while a bettor looking to winR$50 would wagerR$90. Remember the amount you wager remains with the sportsbook if your side loses, while a winning bet returns your winnings and initial investment.