Understanding these disadvantages, today Wintips will guide you through the most accurate and easy-to-understand betting tips results money calculation formulas.
According to the betting rules mentioned in the football betting guide, we only receive money if we win, but in reality, there are many different calculation cases.
Below are the most detailed and comprehensive divisions.
Calculating money in football betting: Winning scenario
You will receive both the profit and the initial bet amount if you win outright.
However, for each type of bet, the money calculation also has some differences.
1/ Calculating money in football betting for Over/Under (O/U) bets
This type of bet has options for winning fully, losing fully, winning half, and losing half. The calculation formula is as follows:
Full win=Bet amount x Odds offered by the bookmaker
Specifically:
Winning half (Player wins half of the initial bet) then the received money=(Bet amount x Odds offered by the bookmaker)/2.
Losing half (Lose half of the initial bet amount) then the money received=(Odd x Bet amount) /2.
Losing the whole match means losing the entire bet amount.
2/ Calculating money in football betting for Handicap bets
Asian Handicap bets have a similar money calculation method to Over/Under bets.
However, the original amount or the initial bet amount of the player (the actual amount received by the bookmaker) is calculated according to the formula:
Original amount=Initial bet amount x Bookmaker's offered odds
Therefore, if you bet 1 million VND and the odds offered are 0.99, then the actual amount the bookmaker will receive from you is only 990,000 VND.
This calculation method will change the values of profit and loss that we receive.
As mentioned above, Handicap bets also calculate winning money similarly to Over/Under bets, so we have:
Winning fully will receive the reward amount: Winning amount=Initial bet amount x Odd.
Losing fully means losing the entire bet amount.
Winning half or winning half means receiving half the amount from the bookmaker: Winning amount=(Odd x Original amount)/2.
Losing half or losing half means losing half the amount to the bookmaker: Losing amount=(Original amount x Odd)/2.
3/ Calculating money in 1x2 football betting
With this bet, we only have options to win or lose, so the money calculation is quite easy betting tips website to understand. Specifically:
Winning all – winning the entire match will receive the full reward amount.
The amount received for winning=Initial bet amount x Odds
Losing all – losing the entire match means losing all the bet amount.
Calculating Money in Football Betting: Losing Bet Scenario
Normally, people tend to think that losing a bet means losing the entire stake, but that's not entirely accurate. We also have varying levels of losing half the stake depending on the type of bet, so it's important to understand this to protect our interests.
In the case of losing half the stake, we will lose half of the initial bet to the bookmaker according to the formula:
Money lost=Initial bet x Odds placed
If you place a bet and lose the entire match, you will lose the entire initial bet.
Calculating Football Betting Money: Draw Scenario
In certain bets like Over/Under, Handicap, there is a possibility of a draw where you neither lose nor win, especially when betting with a 1-point, 2-point, or 3-point handicap.
In this scenario, the bookmaker will refund your stake, meaning you neither lose nor gain additional money.
To know precisely what a draw scenario entails and how to play it, read more at: Draw Bet Refunds.
Important Notes When Calculating Football Betting Money
Currently, all bookmakers apply a unified formula for calculating betting money, so once we understand the basics, we can confidently participate in betting anywhere.
Previously, money calculation was manual, and players often reviewed it to avoid fraudulent bookmakers, but things have changed now.
With modern technology, football betting is completely online, automatic, and 100% accurate.
Therefore, we have fewer opportunities to practice this calculation method if we choose reputable bookmakers.
The key points to consider are choosing a good betting platform, analyzing accurate odds, choosing suitable forms such as Over/Under or 1×2, Handicap to win and continually earn money.
Find out more information : betting tips app
Conclusion
These are detailed methods for calculating money in football betting that even beginners can easily remember. Based on this, newcomers can easily enter the world of betting on online football betting sites.