When participating in betting, there are many different forms of betting and odds. Players will rely on these odds to calculate their winnings and losses. Each form of betting will have different ways of calculating money. So, don't miss the following article from wintips to grasp these extremely important skills and knowledge, helping you fully understand how to calculate football betting money quickly and accurately.

Why do bettors need to know how to calculate football betting money?

Newcomers to football betting often make a common mistake of not remembering how to calculate wins and losses in a specific football match for themselves. Most of them rely on automatic calculation tools from reputable bookmakers after the results are announced without realizing that this is a double-edged sword that causes many to lose money.

In fact, there are many reasons why you should learn how to calculate money in football betting when placing bets and various other forms at online bookmaker sites. However, to help you have a more specific view without spending too much time, below wintips has summarized some main reasons that you need to know, including:

Only when you know how to calculate money in football betting can you calculate the most effective and suitable betting strategy for your capital.

Online bookmakers will not have an obligation to inform you in advance about potential occurrences, but will only settle financial matters after the match ends.

Learning how to calculate betting money in football betting is also a method to help players check the credibility and transparency of the bookmakers they choose to participate in.

Not all betting sites or playgrounds on the market operate transparently and fairly in financial matters.

Knowing how to calculate football betting money when winning or losing while playing does not take much time for bettors, but it can bring knowledge and confidence that money cannot buy.

What is the formula for calculating football betting money?

Depending on the betting odds that players choose and the outcome of the match, we can win, win half, lose, lose half, and win or lose different amounts of money. Some scenarios that may occur in football betting include:

Winning enough: Winning money = initial amount x odds ratio.

Winning half: Winning money = 1/2 x initial capital x odds ratio + initial capital.

Losing enough: Losing money = Bet amount (lose all).

Losing half: Losing money = 1/2 x initial capital.

How to calculate money in the case of winning enough

Basically, the bookmakers' odds will calculate the winnings for participants with the same amount of money. Therefore, the total prize money you receive will be the product of the odds ratio and the initial capital.

For Asian handicap bets: The selected team has a higher total number of goals (after adding or subtracting the handicap ratio) than the other team.

For European handicap bets: The player only needs to guess which team wins, regardless of the score.

Over/Under: The total number of goals in the match is higher/lower when you choose Over/Under.

To calculate the amount of money you can receive, you apply the formula:

Prize money = Capital x Odds ratio

Example: A player participates in predicting a match with a capital of $100 and odds of 0.97, when winning, the amount received is 100 x 0.97 = $97

How to calculate football betting money when winning half the bet

Unlike winning enough odds, when playing the odds of Asian handicap or over/under, players can receive half the result because they only need to predict accurately. This situation is quite rare but not impossible, so you should not be subjective but calculate this possibility as follows:

Prize money = (Capital x Odds ratio) / 2

Example: A player bets $100 on the Asian handicap with odds of 0.98, but only guesses close to correct, the amount of prize money received is (100 x 0.98) / 2 = 49.

How to calculate football betting money when losing enough

Contrary to the winning result, if you bet on Team A but receive a losing result, how is the loss calculated? This situation has a relatively simple way of calculating money because right after the result is available and you place the wrong bet, the bookmaker will deduct the corresponding capital from your personal account.

Loss = bet amount for the losing option

Example: You bet $100 on Team A, but Team B wins, the amount you lose is the $100 that was deducted immediately when placing the bet.

How to calculate football betting money when losing half

Unlike losing all the money, in some special cases, you only lose half the bet amount because you predict close to correct. Similar to the way of calculating half winning, half losing also makes the player lose half of the initial capital invested.

Loss money = Bet amount / 2

Example: Bet $100 and lose half, the bookmaker will refund $50 to your personal account.

Guide to calculating football betting money for multiple bets

Multiple bets are understood as a relatively special form of betting because players need to predict multiple consecutive bets on the same ticket. If all of our analyses are correct, the prize money is very large. Conversely, just one wrong match makes the player lose and lose the money they have spent. To calculate the prize money for multiple bets, we use the following formula:

Multiple bets = Capital x (Bet rate 1 x Bet rate 2 x Bet rate 3 x…..)

Multiple Asian handicap, Over/Under = Capital x [Win rate x (Half win rate - 1)/2 x Half lose rate/2 x Tie rate]

Example: A player chooses to place a multiple Asian handicap bet in 3 matches with odds rates of 0.97 - 0.98 - 0.96 then the winning odds are: 0.97 x 0.98 x 0.96.

Some notes to remember when calculating money in football betting

It can be affirmed that calculating football betting money is extremely simple and easy to understand, ensuring that any bettor can remember it after just one study. However, each number one bookmaker has different regulations requiring players to research and study carefully before calculating to avoid unnecessary misunderstandings. Therefore:

To be able to calculate money in football betting, we need to know exactly the odds that the bookmaker offers.

Each match and each online bookmaker free bets no deposit will have different regulations so we cannot apply them universally if players participate in betting on multiple betting sites. Basically, the calculation formula at different bookmakers is the same. However, we need to distinguish between Asian handicap betting, handicap betting, or over/under and learn how to analyze odds to be able to calculate accurately.

The last thing is to choose reputable bookmakers to avoid recalculating football betting money after each betting session.

Calculating football betting money is not difficult, on the contrary, it is extremely simple so any bettor can easily memorize it after just one study and research. However, you should not be subjective and ignore these extremely necessary basic knowledge, making yourself a failure because of incorrect betting strategies.