Have you ever wondered why the amount of money you receive is less than the amount you placed in your bet? Each bet has its own specific rules. In the following article, we will share with you the most detailed and accurate method to calculate money in football betting. This will help you manage your finances tightly and have a more effective betting strategy.
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What is football betting?
Football betting involves the players selecting a type of bet and predicting the outcome of a match, then participating in placing bets on each game. Reputable bookmakers have the task of collecting statistics, analyzing matches, and determining the betting odds for each football match beforehand or during the game. The bookmakers will publicly announce the payout rate after each game for different types of bets.
To win against the bookmakers, choosing the right betting option is not simple. You need to select reputable bookmakers in the market with attractive odds. Furthermore, you need to understand the rules of the game to make accurate predictions for each type of bet, which will help you achieve victory. Moreover, you also need to understand how to calculate money in football betting to know how much you win/lose and balance your budget for future bets.
Some terms in calculating football betting money
How to calculate betting odds
P = S/[(S + F)x S] = result. Where F = the number of other possible outcomes.
P = 1/(1 + 1 )P = 1/2P = 50%
P = 1/4P = 25%.
Detailed calculation of money in football betting
To help players manage their budget effectively and allocate funds for future bets, wintips will share the method to calculate money in football betting.
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How to calculate money in football betting when winning
Win all/win enough
Winnings = odds x the amount of money you bet
Win half/eat half
Winnings = [(odds + 1)/2] x the amount of money you bet
Use European football odds for placing combination bets in this case. When there are 4 combination bets, if you win half the amount in one match, the odds for the remaining 3 matches will remain the same. At this point, the betting odds will decrease by half.
These guidelines will provide you with a thorough understanding of how to calculate money in football betting accurately. It is important to apply these methods to manage your finances and make informed decisions in your betting activities.
How to Calculate Money in Football Betting in Case of Loss
Half losing bet/half match loss:
If you choose the home team and they win by a margin of >= 2 goals, you will receive the full amount of your bet. If they only win by a margin of 1 goal, you will lose half of the bet amount and receive back half of your bet amount.
Cases of refunded bets:
In Asian handicap betting, there are various odds. There are matches in which players will be refunded their bet amount if the match result (including the handicap given to the underdog team) ends in a draw.
Or in Over/Under betting, if the total number of goals scored in the match is equal to the predicted odds by the bookmakers, it is considered a draw and the bet amount will be refunded to the bettor.
Some important notes in calculating money in football betting:
To accurately calculate the amount of money you receive when predicting correctly or incorrectly, you need to thoroughly understand the types of bets you want to place and how the odds for those bets are calculated. Avoid confusion between European odds and Asian odds. Especially in Asian handicap betting, there are various forms such as level ball, level ball ½, level ball ¾, handicap 1, 2, handicap 1.5, 2.5, etc. Each type of bet has its own method of calculating money. Therefore, to minimize confusion, you should search for information about each type of bet online or ask the bookmaker's staff for the most specific calculation method.
The betting odds will be available 3 hours before the start of the match and will change continuously within 2 hours, 1 hour, and can increase/decrease. The result used to calculate the money is the odds for the official match.
Accurately determine which team is the favorite and which team is the underdog to avoid mistakenly choosing the wrong betting option. Many people have made this mistake, choosing the wrong betting option and realizing they lost everything when they thought they had won.
What is a football tip? See now : telegram betting tips
Recently, wintips has shared a simple method to calculate money in online football betting on various bookmaker websites. Hopefully, with this information, you can easily understand how to calculate the money when participating in online betting.