The difference is that the bet isn’t included. 100 on the market with odds of 1.50, you will get in total Rs. The number represents the total payout, not the profit, which simplifies the calculation of the payment. 100 on 6/1 and win, you will receive a total payout of Rs. This is the ratio of the winning amount (profit) to the initial bet. The value of the negative odds is the amount which should be bet in order to win 100 conventional units. The value of the positive odds is the amount of potential net profit at a bet of 100 conventional units. It is divided into positive and negative odds.
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