Pocket Guide for Calculating Football Betting Winnings Accurately
Football betting is a popular form of entertainment enjoyed by many. As a result, many players want to know how to calculate their potential winnings. However, each bookmaker has a unique way of calculating payouts, so it's essential to understand these methods before placing bets. Here is Wintips' guide to calculating football betting payouts.
Most Popular Betting Odds of 2024
Currently, bet bookmaker M88 offers a wide variety of betting odds. Below are some of the most popular and commonly chosen types:
Asian Handicap
The Asian Handicap, also known as the handicap bet, allows players to bet on the favorite (upper team) or the underdog (lower team). This format has no draw option, so remember this rule carefully. Asian Handicap odds vary widely, including options such as ½, 1.25, ¼, 2.25, ¾, and 0-0. To make accurate predictions, study all related information about both teams thoroughly. Monitoring the match and performance trends of both teams is essential.
Over/Under
The Over/Under bet, also known as the above/below bet, is another popular choice among players. This betting style is simple: if you choose “Over,” you’re betting that the total score will be higher than the figure set by the sport betting site in nigeria, while “Under” means betting that it will be lower. Before betting, consider each team's goals and which one has the advantage to increase your chances of winning.
European Odds
The European odds, also known as 1x2 odds, offer three options: “1” for a home team win, “2” for an away team win, and “x” for a draw. This setup provides three choices, making winning straightforward. However, players should research important data around the match to make an informed decision.
Key Football Betting Terminology
In addition to understanding how to calculate football betting payouts, familiarize yourself with these key terms:
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Handicap/Odds: The odds that a bookmaker assigns to a match.
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Handicap/Asian Handicap: Refers to Asian Handicap odds.
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Odds Review: The process of researching a match to select the outcome with the highest probability of winning.
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Lose Full: Indicates a total loss of your wager.
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Win Half: Means you win half of the amount wagered.
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Running Bet: Allows betting while the match is ongoing.
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Equal Odds/Ball Draw/1v1: Refers to a bet where both teams have even odds.
Accurate Football Betting Payout Calculation
Knowing how to calculate football betting payouts is essential to see exactly how much you’ll earn. This knowledge helps you avoid manipulation and control your funds effectively.
Calculating Your Losses
Calculating losses is simple, which makes it easy for players to manage their capital and profits.
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If you lose half your initial bet, use this formula:
Loss Amount = ½ of bet amount x bookmaker’s odds. -
If you lose the entire bet, the formula is:
Loss Amount = Original bet amount x odds.
How to Calculate Winnings
Winning is every player's goal. If luck is on your side, calculate your winnings with these formulas:
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For a full win, the formula is:
Winnings = Odds x bet amount. -
If you win half your bet, apply this formula:
Winnings = (Odds + 1) / 2 x bet amount.
The amount you receive will also depend on the odds set by each bookmaker. Each platform has slightly different odds, so it’s best to research thoroughly and consider M88, which currently offers the highest winning odds.
Conclusion
This guide provides a simple and easy-to-understand way to calculate football betting payouts. Players at M88 also benefit from large promotions. With just a few easy steps, you can set up an M88 gaming account. If you have any questions, call us for assistance.