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You usually get a set amount of money to bet when you deposit and that money can't be redeemable for cash. For example, if you bet the bonusR$5 and lose, that money is gone. If you betR$5 and profit anotherR$5, you'll be upR$5 in real money.
Yes, you can use several options to make deposits and cashouts. Depending on what is available to you, you can use the options that Sportingbet accepts. You can always choose a different option when you need to.
As an example, let's use a Yankees-Red Sox game with a total of 10.5 and odds (or juice ) of -120 to the Over and +100 to the Under. If you place aR$100 bet on Over 10.5, you stand to collectR$183.33 (originalR$100 bet, plusR$83.33 in winnings).
Specifically, over 1.5 refers to a bet on the total number of goals scored in a match. In soccer, for example, if you place an over 1.5 bet, it means you are predicting that there will be two or more goals scored in the match.