Experiencing the moment of receiving winning money from bets is undoubtedly the greatest satisfaction for betting enthusiasts when engaging in sports betting. However, not everyone understands how to calculate money in football betting. The following information provided by soccer tips king will offer the most comprehensive guidance on this topic.
Why Understanding How to Calculate Money in Football Betting is Crucial to Becoming an Expert
To become a skilled bettor, understanding how to calculate money in football betting is crucial for several reasons:
It helps you comprehend the amount of money you are wagering and enables you to compare it with the automatic refund feature of bookmakers. This evaluation aids in assessing the credibility of football betting websites and selecting the ones with the best odds to participate in.
Knowing how to calculate football betting money not only helps you avoid risks but also enhances your ability to analyze football odds. This enables you to make precise decisions and increase your chances of winning.
Most importantly, only when you understand the online football betting odds set by bookmakers and how to calculate profits can you analyze football odds accurately. Imagine not understanding what football odds represent and their significance; how would you secure victory in this intellectually stimulating arena?
Agreed, calculating money in sports betting is a somewhat daunting topic and can lead to headaches for betting enthusiasts. But fear not, today Keochuan TV will help you grasp this skill in the simplest and most enjoyable way possible.
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The Most Understandable Way to Calculate Money in Football Betting for Beginners
In football betting, the most crucial factor influencing how money is calculated is the odds ratio. With the entertainment betting industry developing rapidly, bookmakers offer various odds formats for players to choose from. There are three basic online odds ratios that you need to understand:
European Odds Ratio
Hong Kong Odds Ratio
Malaysian Odds Ratio
Each odds ratio has its own method of calculating money in football betting. Now let's delve into each specific odds type with Keochuan TV, a specialized platform for analyzing football odds.
European Odds Ratio (Decimal Odds)
European odds ratio is the most commonly used format globally. Each odds includes both the original bet amount and the winnings. The European Odds Ratio always has a value greater than 1.0.
When placing a bet and winning, the winnings are calculated using the following formula:
Winnings = Bet Amount x European Odds Ratio
If you lose the bet, you lose the entire amount of the bet.
For example, if you place a bet of 100,000 VND with a European odds ratio of 1.8, your winnings would be 180,000 VND, including the original 100,000 VND. If you lose, you would lose the entire 100,000 VND.
Hong Kong Odds Ratio (HK Odds)
The method of calculating money in football betting with Hong Kong odds is similar to European odds, but there are some differences.
Hong Kong odds only display the player's winning amount, while European odds include both the bet amount and the winning amount.
The format of Hong Kong Odds has a value greater than 0.0, and the player receives the winnings according to the following formulas:
Full Win: Bet Amount + (Bet Amount x Hong Kong Odds Ratio)
Half Win: Bet Amount + (Bet Amount x Hong Kong Odds Ratio/2)
Loss: Lose the entire bet amount
For example, if the European odds ratio is 1.8, then with Hong Kong odds, the corresponding odds ratio would be 0.8. If you place a bet of 100,000 VND with these odds, you would receive 180,000 VND if you win. If you lose, you lose the entire 100,000 VND.
Malaysian Odds Ratio (MY Odds)
Malaysian odds ratio is similar to Hong Kong odds in that it only displays the player's winning amount. However, there's a difference in that Malaysian odds can be positive or negative.
Positive Malaysian Odds: The calculation of winnings is similar to Hong Kong odds.
Negative Malaysian Odds: The calculation of winnings and losses involves a different formula.
For positive Malaysian odds, the winnings are calculated as follows:
Full Win: Bet Amount + (Bet Amount x Malaysian Odds Ratio)
Half Win: Bet Amount + (Bet Amount x Malaysian Odds Ratio/2)
Loss: Lose the entire bet amount
For example, if you bet 100,000 VND on a match with a Malaysian odds ratio of 0.8 and you win the bet, you would receive 180,000 VND (100,000 VND original bet amount plus 80,000 VND winnings). If you lose, you lose the entire 100,000 VND.
For negative Malaysian odds, if you win the bet, you would receive:
Full Win: Double the bet amount
Half Win: Bet Amount + Bet Amount/2
For example, if you bet 100,000 VND on a match with a Malaysian odds ratio of -0.88 and you win the bet, you would receive 200,000 VND (100,000 VND original bet amount plus 100,000 VND winnings). If you lose, you would receive back 12,000 VND (100,000 VND - 88,000 VND) out of the original bet amount of 100,000 VND.
That was the most detailed explanation of how to calculate money in football betting that the specialized platform for online odds, Keochuan TV, has compiled for you with the most common odds ratios used today. In the next section, we'll delve into understanding how to calculate winnings in various types of football betting, such as European handicap, Asian handicap, and over/under.
How to Calculate Money in European Handicap Football Betting
In European handicap betting, one of the most popular betting types, bettors have three options to choose from:
Selecting the home team to win
Selecting the away team to win
Selecting a draw result
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When placing a bet on one of these options, if you predict the correct outcome of the match, you will receive the corresponding winning amount.
Note: For the 1X2 European handicap, the odds used by bookmakers are always European odds (Decimal Odds). HK Odds and MY Odds are not used in this type of bet.
For example, in a match between Chelsea and Arsenal, the bookmaker offers three corresponding choices with odds: Chelsea (1.7), Draw (3.5), and Arsenal (4.7).
If you bet 100,000 VND on Chelsea to win, and the match ends in favor of The Blues (regardless of the score), you will receive 170,000 VND (including the original 100,000 VND). If Arsenal wins or the match ends in a draw, you will lose the entire 100,000 VND.
The calculation method is the same for Draw (odds ratio 3.5) and Arsenal (odds ratio 4.7).
This comprehensive guide from Keochuan TV provides a deep understanding of how to calculate money in football betting, covering various odds types and betting scenarios. Armed with this knowledge, you can navigate the world of football betting with confidence and precision. Whether you're a beginner or an experienced bettor, mastering the art of calculating betting money is essential for success in this thrilling arena.
