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Decimal odds explained\n\n For example, aR$100 bet made at decimal odds of 3.00 would returnR$300 ($100 x 3.00):R$200 in profit and the originalR$100 amount risked. AR$100 bet made at decimal odds of 1.50 would returnR$150:R$50 in profit and the originalR$100 amount risked.
Odds accompanied with a negative sign (-) indicate that this is the favorite and this outcome will have a higher chance of winning compared to the underdog, however underdogs will yield a higher profit if they win. The implied win probability of -400 odds is 80.00%.
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    How much does it cost to open an online casino? Total Initial Cost is roughly betweenR$200,000 andR$1,200,000. This excludes ongoing costs for servers, software, licenses, games, igaming affiliate software, and more.

    6 steps to take before launching an online gambling project

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    Market research. Research the gambling market to understand your target audience, competition, and potential demand for your services. ...
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    Develop a plan. ...
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    Hire a team. ...
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    Test and refine. ...
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    Choose a jurisdiction and obtain a license. ...
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    Launch and market your project.
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