It’s not betting jargon. It’s just simple business jargon. Look up how profit margin is expressed. It’s profit divided by total revenue. In other words, it’s t

It’s not betting jargon. It’s just simple business jargon. Look up how profit margin is expressed. It’s profit divided by total revenue. In other words, it’s the percentage of your total revenue that is profit, which is why you can never have a profit margin over 100%. In this case, that means $7,700/$15,700, or 49%.