Effective profit if win: $930 x 0.99 - $5 = $920.70 - $5 = $915.70 - Wait, let me recalculate: odds 1.93 means profit = $930 on a $1,000 bet. - After 1% fee: $930 x 0.99 = $920.70 - After gas: $920.70 - $5 = $915.70 - Win: 0.52 x $915.70 = $476.16 - Lose: 0.48 x (-$1,000 - $5) = 0.48 x (-$1,005) = -