UBET Sports Betting: Your Guide to the New “My Bet” Page Features
Greetings UBettors! We hope this message finds you in good spirits. As a follow-up on the recent updates to the UBET Sports betting platform, this article aims to provide clarity on the changes and address any questions you may have. Our goal is always to deliver unparalleled customer support and a top-notch betting experience.
This article follows the UBET weekly newsletter, which mentioned the addition of new features such as the 1X2 (Moneyline) market options and the My Bet page. If you’re not already subscribed, sign up for the UBET weekly newsletter to stay informed about exciting updates from the UBET team.
Here’s a video guide on how to navigate the “My Bet” page:
The New “My Bet” Page Features
The “My Bets” page features the new terms name:
Expected Payout
Maximum Payout
Redeemable Amount
Total Value
This is in addition to the “Redeem All” feature added to solve the issue of repetitively redeeming each winning on the UBET betting platform. This feature allows you to quickly and easily cash out all your winnings at once, instead of having to redeem each winning bet individually, making the overall betting experience more convenient and efficient for you. You can access this feature from the “My Bets” page.
To clear the air on what each term stands for and how the calculations were arrived at, we will explain in details using the figure above as an example.
Maximum Payout
Maximum Payout refers to the largest amount of money you can win if all your open bets are successful, in this case, it is 337.42 UBCKS if all the bets were successful.
Expected Payout
The Expected Payout refers to an estimated amount of money you could win from a bet, based on the odds of the bet winning and the amount of your wager. As an example using the reference figure above, if you make a bet and the expected payout is 200.54 UBCKS, it means that if your bets win, you can expect to receive 200.54 UBCKS in addition to the amount of UBCKS you originally staked. If you lose you don’t get back your original amount staked.
The expected payout gives you an idea of how much you could win, but is not a guaranteed amount and actual payouts may vary depending on the outcome of the games. That is, it depends on whether your bet is a win or not.
Redeemable Amount
Redeemable Amount refers to the total amount of money that can be claimed or withdrawn; a redeemable amount represents the sum of all winnings from completed bets that are eligible for withdrawal. It’s the amount of money you have available to be redeemed or cashed out.
Total Value
Total Value simply refers to the current value of your betting portfolio. Calculated as:
Total Value = Redeemable Amount + Expected Payout
From the reference figure above:
Total Value = 854.12 + 200.54
Total Value = 1054.66
Conclusion
In conclusion, the recent updates to the UBET sports betting platform have brought about a more efficient and convenient betting experience for users. The addition of the “Redeem All” feature solves the issue of repetitively redeeming each winning bet and the clarification of terms such as Maximum Payout, Expected Payout, Redeemable Amount, and Total Value, provides a better understanding of the “My Bet” page.
We hope this article has been helpful and as always, the UBET team is dedicated to delivering the best possible customer support to UBettors.
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Disclaimer: The above content is intended for information purposes only and is not intended to be gambling, trading, nor investment advice. Please perform your own analysis before making any betting, trading, or investments based on your own personal circumstances or seek a duly licensed professional for gambling and trading advice. Accordingly, neither UBET nor its partners, directors, shareholders or employees are liable for any damage, expense, or other loss that you may incur out of reliance on the above information.