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iBet Payout

What is iBet Payout?

iBet is a popular betting option offered by Singapore Pools for 4D games. It allows players to place bets on all possible combinations of a selected 4-digit number, which increases their chances of winning.

How Does iBet Payout Work?

To understand how iBet payout works, let’s take an example. Suppose a player places an iBet on the number 1234 with a bet amount of $1. The total number of combinations for this number is 24, which means the player has bet on all 24 possible combinations of the number. If any of these combinations win, the player will receive a proportionate payout based on the prize amount for that combination.

For instance, if the winning combination is 2341 and the prize amount for the 1st prize is $2,000, the player will receive a payout of $83.33 ($2,000/24). Similarly, if the winning combination is 3412 and the prize amount for the 3rd prize is $490, the player will receive a payout of $20.41 ($490/24).

The Difference Between iBet and Ordinary Bet

The main difference between iBet and ordinary bet is that iBet covers all possible combinations of a selected 4-digit number, while ordinary bet allows players to bet on a specific combination only. This means that iBet has a higher chance of winning, but the payout is proportionately lower compared to ordinary bet.

For example, if a player places an ordinary bet on the number 1234 and wins the 1st prize, the payout will be $2,000 for a $1 bet. However, if the same player places an iBet on the same number and wins the 1st prize, the payout will be $83.33 for a $1 bet.

In conclusion, iBet is a great option for players who want to increase their chances of winning in 4D games. However, the payout is proportionately lower compared to ordinary bet. It is important to understand the payout calculation for iBet before placing bets to avoid any confusion or disappointment.