To calculate the Bet Profit:
\[ P_{bet} = W - B \]
Where:
To calculate the bet profit, subtract the money spent on the bet from the money won.
Let's assume the following values:
Using the formula:
\[ P_{bet} = 200 - 50 = 150 \]
The Bet Profit is $150.00.
Let's assume the following values:
Using the formula:
\[ P_{bet} = 500 - 300 = 200 \]
The Bet Profit is $200.00.