Post by wintips on Jun 11, 2024 8:19:05 GMT -6
Knowing how to calculate your football betting winnings is essential for any bettor. Are you familiar with all the methods to calculate your bets according to the various odds offered by bookmakers today? If you're curious, the interesting information shared below by bet win tips will certainly surprise you.
Calculating Football Betting Winnings by Odds
Currently, many bookmaker reviews use various odds formats to calculate football betting winnings. Here are the specifics:
Calculating Winnings Using Decimal Odds (Dec)
First, let's understand how to calculate football betting winnings using Decimal odds:
Winnings=(Decimal Odds - 1) x Bet Amount
For example: If you bet $10 on Vietnam with odds of 1.50, your winnings will be (1.50 - 1) x $10=$5. If you lose, you lose the entire $10.
Calculating Winnings Using Malay Odds
Malay odds can be either positive or negative:
Positive Odds: Winnings=Bet Amount x Odds
Example: You bet $10 on a match with Malay odds of 0.890. Your winnings will be $10 x 0.890=$8.90. If you lose, you lose the entire $10.
Negative Odds: Winnings=Bet Amount. Loss=Bet Amount x Odds
Example: You bet $10 on a match with Malay odds of -0.60. Your winnings will be $10. If you lose, you only lose $6 because $10 x 0.60=$6.
Calculating Winnings Using US Odds
US odds are similar to Malay odds with positive and negative values:
Positive Odds: Winnings=Bet Amount x (Odds / 100)
Example: You bet $10 on a match with US odds of +120. Your winnings will be $10 x (120 / 100)=$12. If you lose, you lose the entire $10.
Negative Odds: Winnings=Bet Amount. Loss=Bet Amount x (Odds / 100)
Example: You bet $10 on a match with US odds of -166. Your winnings will be $10. If you lose, you lose $10 x (166 / 100)=$16.60.
Calculating Winnings Using Hong Kong Odds (HK)
Calculating using HK odds differs slightly:
Winnings=Bet Amount x HK Odds
Half Winnings=(HK Odds / 2) x Bet Amount
Loss=Total Bet Amount
Half Loss=Bet Amount / 2
Example: If Japan has HK odds of 3.20 and you bet $10, your winnings will be $10 x 3.20=$32.
Calculating Winnings Using Asian Handicap Odds
In Asian Handicap odds, you will encounter both positive and negative values on the odds board:
Negative Odds: The bookmaker will deduct from your account: Bet Amount x Odds
Example: You bet 10,000 VND on Korea with odds of -0.55. The bookmaker will deduct 10,000 VND x 0.55=5,500 VND from your account.
Positive Odds: Winnings=Original Bet + (Original Bet x Odds)
Example: You bet 100,000 VND on Germany with odds of 0.80. Your winnings will be 100,000 VND + (100,000 VND x 0.80)=180,000 VND.
Calculating Winnings Using Over/Under (O/U) Odds
Calculating using O/U odds is similar to Asian Handicap odds:
Winnings=Original Bet + (Original Bet x Odds)
Example: You bet 100,000 VND on the Over with odds of 0.83. Your winnings will be 100,000 VND + (100,000 VND x 0.83)=183,000 VND.
Half Winnings=(Original Bet / 2) x Odds + Original Bet
Example: You bet 100,000 VND on the Over with odds of 0.83. Half winnings will be (100,000 VND / 2) x 0.83 + 100,000 VND=141,500 VND.
Calculating Winnings Using European Odds (1X2)
European odds are simpler and offer two outcomes: win or lose.
Winnings=Bet Amount x Odds
Example: You bet 100,000 VND on Belgium with odds of 2.53. Your winnings will be 100,000 VND x 2.53=253,000 VND.
Loss=Total Bet Amount
Example: If you lose, you lose the entire 100,000 VND.
Important Notes for Calculating Online Football Betting Winnings
To accurately calculate betting winnings, you need to understand the odds provided by betting site with free bet. While most calculation formulas are similar, always review the specific methods used by each bookmaker if you bet on different platforms.
Understanding the different bet types, such as Handicap or Over/Under, is crucial for accurate calculations.
Choosing a reputable bookmaker ensures the accuracy of your online football betting calculations, offering a variety of odds types (US, HK, O/U) to keep the experience engaging and potentially more profitable.
In summary, calculating football betting winnings depends on the odds format and bet type. Regardless of the method you choose, always apply the correct formula for accurate results.