Betting odds are the ratio between the amount staked by the bookies and the bettor, so 7/1 means the bookies stake seven times the amount the bettor has wagered. If the bettor wins; their predicted outcome materialises; they will take seven times their bet from the bookie (in this case).
The withdraw methods offered by Sportsbet are Bank Transfer, Credit Card, PayPal and Sportsbet Cash Card. Please note that all withdrawal methods must be in the account holders name.