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I think it largely gets confusing because "win" is used in two different ways.

In your example, winning 100k on a 50k bet means you walk away with 150k,

Sometimes, though, winning 100k just means that's what you walk away with, so that would be 1:1 odds on a 50k wager.

401 sats \ 1 reply \ @ek 17 Nov 2023

you're right. i knew it wasn't well defined but i was too lazy to distinguish, lol

how would you say it? to gain 100k? or just "to make 100k profit"?

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I would probably say "gain", but I'm not aware of there being any consensus on this terminology.

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