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Playing football betting, besides predicting, analyzing odds, evaluating which team will win, you also need to know betting tips everyday how to calculate football betting money. You won't know if the bookmakers pay you the correct and full amount of prize money or not. You also won't know if the amount deducted by the bookmaker from you is accurate if you don't know how to calculate the money. Therefore, before starting to bet, make sure you understand and clearly grasp the calculation method.
Why do you need to know how to calculate football betting money?
Many ask me why they need to know how to calculate football betting money? Because according to everyone, we are currently living in the 4.0 era, so all activities such as analyzing bookmakers, betting are done online. And payment activities are completely automated. So why do we need to know how to calculate football betting money?
That's true, but we still need to know how to calculate football betting money for the following reasons:
To verify the credibility of a bookmaker: Although participating in betting at a top-rated bookmaker with high credibility. But sometimes you still need to cross-check to see if the winning amount matches the bookmaker's odds and if the placed bet amount has matched or not. Because sometimes discrepancies occur that you might overlook and could lead to losing a significant amount of money unjustly.
Moreover, knowing how to calculate football betting money, we will understand the risks of each type of bet. From there, you will know which choice is safer and offers a higher winning rate.
Guide to the most accurate method of calculating football betting money
There are many types of betting odds in football betting. Players need to choose the best type of bet to place. Based on the form of betting, players can calculate the amount they will win and the amount they will lose when losing a bet.
Currently, calculating football betting money is not too difficult; they all have their own rules and specific instructions. Some specific instructions are as follows:
Guide to calculating winnings in football betting
In football betting, not every winning bet will yield the full amount. There are 2 main types: full win and half win. Different types of wins will have different methods of calculating prize money.
Guide to calculating football betting money with European handicap (1x2)
European handicap or 1x2 bet. This type of bet has only 3 betting options, so there are 2 possible outcomes: win all or lose all. The formula for calculating winning betting money is as follows:
Winning betting money = bet amount x betting odds
For example: In the match between Chelsea and Brighton, the bookmaker offers odds of 1.532.503.00. Equivalent to the chances of Chelsea winning, Brighton winning, and a draw. In this match, Chelsea won, so those who chose Chelsea will win money. For example, you bet 100,000 VND on Chelsea, when winning the bet, the amount you receive will be: 100,000 x 1.53 = 153,000 VND.
If you lose the bet, you will lose the entire bet amount. For example, in the above match, if you bet 100,000 VND on Brighton, you will lose and lose 100,000 VND.
Find out more information : vip betting tips telegram channel
Calculating football betting money with Asian handicap
For Asian handicap, the bet amount needs to be based on the odds for each match. Asian handicap odds are positive and negative, and the actual amount received by the bookmaker is different from other types of betting odds. Therefore, the method of calculating football betting money with Asian handicap is also different.
Specifically: the actual amount received by the bookmaker = player's bet amount x odds received
For example, in the match between Vietnam and Thailand, a reputable bookmaker predicts Vietnam as the superior team. The handicap odds offered by the bookmaker are 1 goal, and the odds received are 0.98. You choose Vietnam and bet 100,000 VND. However, the bookmaker does not receive the entire amount.
The actual amount received by the bookmaker is 100,000 x 0.98 = 98,000 VND.
In case of winning all: Based on that, the amount of winning betting money that you receive when winning the bet will be calculated according to the formula:
Winning money = original amount x winning odds
For example, the original amount received by the bookmaker is 98,000, and the player predicts to win with odds of 2.3. The amount that the player receives when winning is: 98,000 x 2.3 = 225,400 VND.
In the case of the player only winning half: Winning half means you only win half of the bookmaker's amount. At this time, the amount of winning betting money for the player will be calculated as follows:
Winning betting money = (bet amount x bet odds) / 2
For example, you bet 100,000 VND on the Vietnamese team with the initial odds of 1.53. If you win half, the amount of winning money you receive will be calculated as follows: Winning money = (1.53+1)/2 x 100,000 = 126,500 VND.
If the player loses all, then the formula for calculating losing betting money is calculated similarly to the formula for calculating half winning betting money.
Guide to calculating football betting money with over-under (OU) odds
Calculating football betting money with over-under odds is similar to Asian handicap betting. Therefore, you can rely on the formula for calculating football betting money in cases of winning all, losing all, winning half, and losing half to calculate your winning betting money.
Guide on how to calculate refund amounts in football betting
At reputable bookmakers in particular, and generally across all betting sites, players receive refunds only when their bets end in a draw. For Asian handicap, over/under, and European handicap bets (excluding draws), if players neither lose nor win, they receive a full refund.
Things to note when calculating winnings in football betting:
Players must accurately understand the odds set by the bookmaker.
Essentially, the method of calculating winning bets in football betting is consistent. However, different types of bets involve different calculation methods. Therefore, when quickly analyzing odds, careful consideration of the various types of bets is necessary.
The final note is to choose a reputable bookmaker when betting on football. A trustworthy bookmaker will certainly never miscalculate or reduce player bonuses. It's advisable to occasionally cross-check and verify the amount received.
We have shared with you the method soccer tips app of calculating football betting winnings. In practice, winnings are calculated by reputable bookmakers on their systems and sent to the player. Nevertheless, you should also understand how to calculate to verify if the bookmaker has correctly rewarded you or not.