Playing football betting, in addition to judging, betting, and evaluating which team wins. Then you also have to know how to calculate football betting money. You will not know if the house has paid you the correct amount and the bonus amount. You also do not know the amount you are being deducted by the house if you do not know how to calculate the money. So before you start to bet Naija, make sure you understand the way it is calculated.
Football betting is a familiar form of entertainment today. Participating is extremely easy, but winning & bring back the reward is different. Therefore, the most basic thing when betting is to understand the available football betting types from which to choose the most suitable type of bet.
Why Is It Important To Know How To Calculate Football Betting Money?
Why do you need to know how to calculate football betting money? Because according to everyone, we are now living in the 4.0 era, so all bookmakers and betting activities are done online. And the payment operation is fully automatic. If so, what do we need to know about how to calculate football odds?
It is true, but you need to know how to calculate the money in football betting for the following reasons:
Instructions On How To Calculate Bonuses Received In Football Betting
To check the reliability of a bookie: Despite the fact that it is a bet at a well-known bookmaker, sometimes you still need to compare the winnings with the house odds to see if the bet is matched or not. Because sometimes, there is still a deviation that happens, but if you do not check it yourself, it will easily lead to the loss of a lot of money.
Besides knowing how to calculate football betting money, we will know the risks of each type of bet. From there, you will know which option is safe and has a higher win rate.
Instructions On How To Calculate The Most Accurate Football Bet
There are many types of bets in football betting. Players need to choose the best type of bet to place their bets. Depending on the type of bet, the player will calculate the amount of his winnings. At the same time, calculate the amount of money that you lose when losing the bet.
Currently, the way to calculate the ball bet is not too difficult. They all have their own rules and guidelines. Some specific instructions are as follows:
Instructions On How To Calculate Football Betting Money When Winning
In football betting, not every time you win a bet, you will also get money. There are two main types: full win and half win. For different wins, the calculation of the bonus will also be different.
There is a difference in the calculation of the full winnings and the half winnings
Instructions On How To Calculate Football Betting Money With European Rafters
European Handicap or 1×2 handicap. This type of bet only has 3 bets, so when placing a bet, there will be 2 cases of winning or losing. The formula for calculating winnings is as follows:
Winnings = bet amount x odds
For example, in the match between Team A and Team B, the European odds offered by the bookie are 1.53*2.50*3.00. Equivalent to the possibility of winning Team A, Team B, and the result of a draw. In this match, Team A won, so whoever chose Team A will earn money. For example, if you bet $100 on Team A when you win the bet, you will receive 100 x 1.53 = 153$.
And if you lose the bet, the amount you lose will be the entire bet amount. So, for example, in the above match, you bet on Team B for $100. As a result, you lose $100.
How To Calculate Football Betting Money With Asian Rafters
Asian odds are both negative and positive, and the actual bet amount received by bookies differs from other types of bets. Therefore, the calculation of bets in football with Asian rafters is also different.
The principal received by the house = the player’s bet x the odds.
For example, in the match between Team A and Team B, the reputable bookmaker identified Team A as the team above. The handicap offered by the house is 1 left. The odds are 0.98. You choose Team A and bet the amount is $100. But the house did not receive all that money.
The actual amount the house receives is 100 x 0.98 = 98$.
Each Type Of Bet Will Have A Different Bonus Calculation
In the case of winning all: Based on that, the winning amount that you receive when you win the bet will be calculated according to the formula:
Winnings = principal x winning odds
For example, if the original amount of the house received is 98$, the player predicts that they will win at the rate of 2.3. When a player wins, he or she receives 98 x 2.3 = 225,4 $.
In this case, the player only wins half: Win half means you only win half of the house’s money. At this time, the player’s winnings will be calculated as follows:
Winnings = (bet x odds) /2
For example, you bet $100 on a team with an initial house edge of 1.53. If you win, half of the winnings you receive will be calculated as follows: (1.53+1)/2 x 100 = 126,5 $ in winnings; if the player loses, the entire bet will be forfeited.
If you lose half your money, the formula for calculating the loss is calculated as the formula for calculating the half winnings.
Instructions On How To Calculate Football Betting Money With Over And Under Bets
How to calculate money for football betting on over and under is the same as with Asian rafters. So you can use the football betting formula to calculate your winnings if you win, lose all, win a half, and lose half.
The way to calculate the Asian odds and the under and over is similar
Instructions On How To Calculate The Refund Amount In Football Betting
At the bookies, in general, players are only refunded when bets are tied. With Asian handicaps, over and under, and European markets (excluding tie bets), if the player neither loses nor wins, he gets the full amount.
Things To Take Note Of When Calculating Winnings When Betting On Football
When calculating football betting money, you need to keep the following issues in mind:
Players need to accurately grasp the odds that the bookie offers.
The way to calculate winnings in football betting is the same. However, with each different type of bet, there will be different betting methods. So when looking at the quick bets, you need to carefully consider the types of rafters.
The final note is that you should choose a reputable bookmaker when betting on football betting because a reputable bookie will certainly never miscalculate or cut the player’s bonus. And to be vigilant, you should sometimes double-check the amount you receive.
It is necessary to base it on the odds to calculate the exact amount usually received
Above, we have shared with you how to calculate football betting money when winning. The player’s winnings will be calculated by the bookmaker on the system and sent to the player. However, you should also know how to calculate it yourself to try to compare whether the house has paid you correctly or not.