Nowadays, it is possible to bet money on a sporting event. This is called sports betting. There are a multitude of possibilities. You can bet on a team winning, the number of goals or points in a match, whether a player will score a goal etc. So the possibilities are very wide. To illustrate how a sports bet works, let's take a match and simulate a bet on it: Let's take a football match between Chelsea and Atletico Madrid. A Chelsea win is priced at 2.40, an Atletico Madrid win is priced at 3.40 and a draw is priced at 3.20. If you decide to bet £100 on Chelsea to win, you could win 240€ with a profit of 140€. The profit is calculated by subtracting the starting bet from the winnings. In this case, you would subtract 100€ from the 240€ you win. This gives you a profit of £140. If Atlético Madrid draws or wins, your bet will lose and you will lose your £100 stake. You have just discovered what a sports bet is. If you want to know more about it, go to the TikTok JB Pronostics account, you will find a complete lexicon on sports betting!