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Feb 23 2024, 16:23
Calculating money in football betting is one of the essential skills that bettors need to master, so let's delve into it with the experts from Wintips. Understanding how to calculate money in football betting is crucial for beginners or those just starting out because if you don't know how much you will earn or lose, it can lead to unpredictable outcomes, and you may fall victim to fraudulent bookmakers. Here are some straightforward guides on how to calculate money in football betting, providing newcomers with additional knowledge.
Why should you know how to calculate money in football betting?
Newcomers to betting https://wintips.com/ sports betting often make common mistakes such as forgetting how to calculate their specific football betting money and not understanding the terminology of football betting.
Most individuals rely on the bookmaker's calculator after obtaining results without realizing that it's a double-edged sword that can lead to losses.
There are many reasons why you should know how to calculate money in football betting to understand how much you win or lose when placing bets.
To provide you with a more specific perspective, here are some key reasons to know:
An effective betting strategy depends on how you calculate your wagers, allowing you to devise the most efficient betting methods.
Bookmakers will not inform you of unforeseen circumstances, but they will only pay out when the game concludes.
Learning how to calculate odds is a way to help players verify the credibility and transparency of the financial processes of the chosen bookmaker.
Not all bookmakers in the market operate transparently and fairly.
Learning how to calculate profits or losses won't take much of your time, but it will provide you with a profound understanding and confidence that money can't buy.
>> Explore further: Top 5 free https://wintips.com/football-betting-telegram-group-tips/ You Must Join
Take 5 minutes with me to learn the skill of calculating money in football betting!
Detailed and specific ways to calculate money in football betting
Currently, there are commonly used methods for calculating odds in European football and Asian handicap football betting. European odds, also known as 1×2, and handicap, also known as Asian handicap, involve betting based on the odds for each match.
Calculating Asian handicap odds is more complex than European odds. Currently, there are two outcomes: full win or full loss, and in addition to that, Asian handicap betting also includes half-win and half-loss outcomes. Here is a comprehensive summary of the most up-to-date information on calculating money in football betting up to the present moment.
How to Calculate Full Bet Wins in Football
All bets have their own method of calculating winnings for the player.
The calculation is as follows: the total winnings you receive will be the product of the odds multiplied by your initial capital.
Total winnings = win rate times the entire amount x initial capital.
For example: If you bet 200,000 with odds of 1.96, your winnings would be 200,000 x 1.96 = 392,000.
How to Calculate Football Betting Losses
Conversely, what happens to the money in football betting if you lose?
This is relatively simple and easy to understand because after losing, the system will automatically deduct the corresponding amount from your personal account.
Total losses = losing odds x the amount of capital you placed.
For example: If you bet 200,000 on the losing side, you will lose 200,000. However, in some cases, with negative odds, we will calculate differently if you lose:
Total losses = Losing odds x Your bet amount
This way, you may save some money, and the house will refund a portion of the price difference.
Formula for calculating half-wins
There are special differences or over/under bets in which, in some cases, the winner only receives half the amount.
Half-win bets occur when the https://wintips.com/soccer-predictions/ of some players are close to correct. Therefore, the bookmakers decide to incentivize players by having them win half of their amount. The calculation for half-win in football betting is as follows:
Total amount received = [win rate x initial capital]/2
For example: If you bet 200,000 on a market with odds of 0.96, you will receive [200,000 x 0.96]/2 = 96,000.
Formula for calculating half-loss bets
The calculation of money in football betting is similar to half-win odds. Instead of deducting the entire amount you initially placed when you lose, the bookmaker will only deduct half and refund the remaining half back to you. It is calculated as follows:
Total amount lost = bet amount / 2
For example: If you bet 200,000 with odds of 1.5 and you lose, the amount you lose will be 200,000 / 2 = 100,000.
How to calculate odds for parlay bets
For beginners, Parlay can be a bit challenging. You place bets on a series of matches to create a combined value, calculated as follows:
1×2 Parlay Odds = Odds 1 x Odds 2 x Odds 3 x ...
Handicap and Over/Under Odds = Win rate x [Winning half rate] / 2 x [Losing half rate] / 2 x Draw rate
When playing Parlay, losing just one bet can result in losing all your money. On the other hand, if you win, it can lead to a significant payout. The calculation of money in football betting is as follows:
Total winnings = Parlay odds x the amount you bet
Note
Refund odds in football betting only apply to Asian handicap and Over/Under odds (European odds are not considered in case of a draw). The bet will be fully refunded if the player's https://wintips.com/football-prediction-app/ results in neither a loss nor a win. This is considered a somewhat special scenario, especially when we choose certain types of bets like handicaps of 1, 2, 3...
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