All sportsbooks have a maximum bet, but it's not really the max bet that matters  it's the maximum potential payout.

Any gambling winnings are subject to federal income tax. If you win more thanR$5,000 on a wager, and the payout is at least 300 times the amount of your bet, the IRS requires the payer to withhold 24% for income taxes.

For 2-5 selections, your return will not exceed R1 million. On the other hand, 20-40 legs could result in a maximum return of R10,000,000. For live casino and online slots, the payout limit is capped at R10,000,000, and for horse racing, you get R125,000.

Money Line odds or American odds\n\n For example, if the American odds are +200, this means that you would winR$200 if you betR$100. For positive odds, the formula is: 100 / (Money line odds + 100). For negative odds, the formula is: Money line odds / (Money line odds + 100).