How to Calculate Football Betting Money - Latest Update 2024
Calculating football betting money remains a curiosity for many newcomers. Football betting is a game that enables players to earn a substantial amount of money. However, to understand better how to calculate the amount you can win, you need to grasp the rules and complex calculation formulas. Below, the reputable bookmaker Wintips will guide you on the most accurate calculation with soccer tips of the day
What does the odds ratio mean in calculating betting money?
The odds ratio or betting odds is the figure set by bookmakers for each match. This ratio plays a crucial role in determining the amount of money players can win or lose when betting and winning or losing the bet.
The betting odds for a match can vary, even within the same match, depending on the actual situation and the course of the game. It is often a significant parameter for players to decide on their betting strategy and also contributes to the calculation of football betting money. Odds can be set low for safe and predictable matches. Typically, low odds accompany easily predictable matches, while matches that are harder to predict may have higher odds.
What are the methods of calculating football betting money?
Calculating money in football betting is not overly complicated. Based on the terms and concepts we have discussed above, I will guide you through the most detailed and comprehensive calculation methods.
How to calculate football betting money when winning the entire bet?
Winning the entire bet, or 'full win,' is the term used when the player has correctly predicted and completely won the bet they placed.
At this point, you will receive the payout according to the odds set by the bookmaker. The calculation of the winnings in this case is simple:
Winnings = Initial amount you placed x Odds ratio.
For example: If you placed 500,000 VND on a match with odds of 1.94 and you win the entire bet, then the calculation of the football betting money would be: 500,000 VND x 1.94 = 970,000 VND.
How to calculate money in the case of winning half the bet?
The term 'half win' refers to the situation where the player only wins a portion of the reward from the bet.
When winning half the bet, the amount of winnings received is calculated using the formula:
Winnings = ½ Initial bet amount x Odds ratio.
For example: If you placed 100,000 VND for odds of 2.00 and you win half the bet, the amount of winnings you will receive is: (½ x 100,000 VND x 2.00) = 50,000 VND.
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How to Calculate Soccer Betting Losses
When you lose a bet, the process of calculating the loss becomes much simpler compared to winning. In this situation, if you lose all the bets you have participated in, you will lose the entire amount of money you have wagered.
For example: If you have placed a bet of 100,000 VND on a match and you lose that bet, you will lose the entire previous wagered amount of 100,000 VND.
How is Half Bet Loss Calculated?
Half bet loss in soccer betting occurs when the player loses only half of the bet, instead of losing the entire bet. This means the player loses half of the initial wagered amount.
For example: If you have placed a bet of 100,000 VND on a match and you lose half the bet, you will lose 50,000 VND, and you will receive back the remaining amount of 50,000 VND.
When Does the Player Get a Refund of the Bet?
The player getting a refund in soccer betting doesn't happen all the time and there are specific regulations. Let's delve deeper into the specific cases where players can get a refund in soccer betting.
Match Encounters an Incident and Gets Cancelled: This is a case where there is a method to calculate the refunded amount of the initial bet for the player. However, the match is only canceled if the result of the match before the cancellation does not affect the bet. This means if you are winning a bet before the match is canceled, you can still receive the betting amount. However, this applies to specific match scenarios.
Match Goes into Extra Time: In most matches, bookmakers usually determine the accurate result for the 90-minute duration of the two main halves. Extra time is often not counted in the final result of the bets. Instead, bookmakers consider separate over/under bets for extra time.
Soccer Betting Experience for High Profits
Soccer betting remains an entertainment form where luck plays a significant role in determining victory. However, a large part also depends on the player's skills and experience. Once you understand how to calculate soccer betting money, here are some important experiences that can help you maximize the highest profit opportunities in betting.
Understanding the Gameplay: To have a chance of winning big, you need to understand the rules of the bets you are participating in. You should grasp football terms such as: handicap, European handicap, over/under, full win, half win, draw, and many other concepts.
Thoroughly Research the Matches: Researching matches is an important step to optimize betting opportunities. Only when you thoroughly research the match as well as how to calculate soccer betting, can you make smart choices and increase the accuracy of predictions.
Check the Betting Odds: Analyzing the odds provided by bookmakers is an important strategy that experienced players often use to predict match outcomes. Typically, the odds provided by bookmakers are related to the probability of winning.
Remember, high odds don't always mean easy wins. Conversely, low odds can create significant opportunities for players. It's important to analyze the betting odds not only for the match you're interested in but also for related matches. Taking notes of information can be helpful in making betting decisions.
Conclusion
The method of calculating soccer betting money has been detailed in this football tips site . It can be seen that the calculation method is not overly complex. With just a short period, even newcomers can quickly calculate the money. Follow us to not miss any news related to the Sports category! Thank you very much.
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