Calculating money in football betting is a headache-inducing issue for many players. To help you play more smoothly, this guide will provide the most understandable methods for calculating betting winnings with oddschecker football tips. These methods are currently being used by most online bookmakers nationwide.
How to Calculate Money in Football Betting Simply and Understandably
In football betting today, there are many different types of bets. Players will need to rely on the form of betting they choose to calculate their winnings or losses. Here are detailed instructions for each case.
How to Calculate Money in Football Betting When Winning
When playing football betting, if you win the bet, it is divided into two cases: winning the whole amount and winning half the amount. Based on this, the way of calculating money in football betting also varies.
European Handicap
European football betting, also often known as 1x2 betting, only has three betting options: Win – Lose – Draw, so players can only win or lose the whole amount. Therefore, the formula for calculating money is as follows:
a) Winning the Whole Amount: Winning the whole amount means the player has won the entire match. The money that the player receives will be calculated using the formula:
Winning Amount=Bet Amount×Betting Odds\text{Winning Amount} = \text{Bet Amount} \times \text{Betting Odds}Winning Amount=Bet Amount×Betting Odds
b) Losing the Whole Amount: Losing the whole amount means the player has lost the entire match. The money that the player loses will be calculated using the formula:
Losing Amount=Bet Amount\text{Losing Amount} = \text{Bet Amount}Losing Amount=Bet Amount
Example: You bet 100k on the match between Real Madrid and Chelsea. When you lose the bet, you lose the entire amount you placed, which is 100k.
Asian Handicap
Asian football betting or handicap betting, also known as Asian Handicap. With this type of bet, the bet amount will depend on the odds for each match. According to these positive and negative rates, the actual bet amount that the bookmaker receives from the player is not the same as other types of bets. The way of calculating winnings and losses also differs based on this.
Original Amount=Bet Amount×Odds\text{Original Amount} = \text{Bet Amount} \times \text{Odds}Original Amount=Bet Amount×Odds
Example: You bet 100k on the Asian Handicap for the Vietnam team with the odds of 0.98. The actual amount that the bookmaker receives from the player (the original amount the player spends) will be:
100,000×0.98=98k100,000 \times 0.98 = 98k100,000×0.98=98k
a) Winning the Whole Amount: The amount that the player receives if they win the whole amount will be calculated using the formula:
Winning Amount=Original Amount×Winning Odds\text{Winning Amount} = \text{Original Amount} \times \text{Winning Odds}Winning Amount=Original Amount×Winning Odds
Example: The original amount the bookmaker receives is 100k, and you predict winning with the odds of 2.3, then the winning amount is:
100k×2.3=230k100k \times 2.3 = 230k100k×2.3=230k
b) Winning Half the Amount: Simply put, winning half the amount means winning half the money from the bookmaker. The amount won that the player receives from the bookmaker will be calculated using the formula:
Winning Amount=(Betting Odds×Bet Amount2)\text{Winning Amount} = \left( \frac{\text{Betting Odds} \times \text{Bet Amount}}{2} \right)Winning Amount=(2Betting Odds×Bet Amount)
Example: If you bet 100k on the Manchester team and the initial betting odds are 1.53, when we win half the amount, the winning amount received will be:
((1.53+1)×100k2)=126.5k\left( \frac{(1.53 + 1) \times 100k}{2} \right) = 126.5k(2(1.53+1)×100k)=126.5k
c) Losing the Whole Amount: Losing a bet is something no player wants. If you lose the whole amount, the player will lose the entire bet amount placed with the bookmaker.
Losing Amount=Bet Amount\text{Losing Amount} = \text{Bet Amount}Losing Amount=Bet Amount
d) Losing Half the Amount: The amount we lose to the bookmaker will be calculated using the formula:
Losing Amount=(Bet Amount×Odds2)\text{Losing Amount} = \left( \frac{\text{Bet Amount} \times \text{Odds}}{2} \right)Losing Amount=(2Bet Amount×Odds)
Over/Under Betting
Over/Under betting or upper/lower betting has a similar way of calculating betting money to Asian Handicap. Accordingly, Over/Under betting also has cases of winning the whole amount, losing the whole amount, winning half the amount, and losing half the amount. We will apply the same formulas as Asian Handicap and learn more BTTS Soccer Tips.
How to Calculate Money in Football Betting in Case of Refund
In this case, only Over/Under and Asian Handicap apply. If the player's prediction neither loses nor wins, the bookmaker will refund the full bet amount. This is considered a special case when we choose certain types of bets like handicapping 1, 2, 3 goals, etc.
Notes When Calculating Betting Money in Football Betting
To calculate the bet amount in football betting, players will need to accurately grasp the odds given by the bookmaker. Each bookmaker will have different regulations, so it is not possible to apply the same formula if you participate in multiple betting sites.
Basically, all the betting money calculation formulas at bookmakers are the same, but players will need to distinguish between the forms of European Handicap, Asian Handicap, or Over/Under to calculate accurately.
Most importantly, players need to choose reliable bookmakers to avoid having to recalculate betting money after each participation and to select the best betting odds today with the most attractive winning rates.
Conclusion
The above are some methods for calculating betting money in football betting that Fun88 wants to share with readers. Just apply these formulas, and should you trust Tipster Online, can completely calculate your winnings and losses by yourself. Good luck and may you succeed!