How to Calculate Money in Football Betting for Beginners

 

 

Calculating money in football betting is one of the most fundamental skills that any player must possess. If you don't know how much you will win or lose from your bets, it can lead to difficulties and unpredictable consequences, and you might be deceived by bookmakers.

In the following article, Wintips will guide you on how to calculate winnings and losses accurately in football betting!

 

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Why should you know how to calculate money in football betting?

Newbie bettors often make a common mistake of not knowing how to calculate specific betting amounts for themselves. Many rely on the convenience and automated calculations provided by the bookmakers after the results are announced.

However, this can be a double-edged sword and may cause you to lose money unexpectedly.

Therefore, learning how to calculate money in football betting is crucial for several reasons:

Effective betting strategy: When you understand how to calculate football betting amounts, you can strategize and place bets more effectively, aligning them with your financial capabilities.

Bookmakers' notification: Online bookmakers are not obliged to inform you of potential situations that may occur, they only pay out winnings after the match ends.

Verify the credibility of bookmakers: Knowing how to calculate betting amounts is an effective method to verify the credibility and transparency of the bookmakers you are playing with.

Financial clarity of bookmakers: Not all betting sites operate fairly and transparently in terms of financial matters.

Time-saving and knowledge-boosting: Learning how to calculate betting amounts won't take much of your time, but it can provide you with valuable insights and confidence that money can't buy.

So, why not spend just 5 to 10 minutes to acquire the skill of calculating football betting amounts?

 

Detailed guide on calculating money in football betting for beginners:

Below, I will provide you with a comprehensive and detailed guide on calculating football betting amounts:

 

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Calculating winnings in full:

Simply put, this is the case where the player wins the full amount from the bookmaker. The total amount you receive will be the product of the odds and the initial betting amount:

Winnings = Full odds x Initial betting amount

For example: If you bet 100K with odds of 1.67 and win, you will receive a corresponding reward of 100 x 1.67 = 167K.

Calculating losses in full:

On the contrary, when you lose the bet, the bookmaker will deduct the corresponding betting amount from your account:

Losses = Initial betting amount

For example: If you bet 100K on a football match and predict the wrong outcome, you will lose the entire 100K betting amount.

Calculating half-win betting:

In some special handicap or over/under bets, there might be situations where you only win half of the winnings. This occurs when your prediction is close to the actual outcome, but not entirely accurate. In this case, the bookmaker pays half of the winning amount to motivate players.

Half-winnings = [Corresponding odds x Initial betting amount] / 2

For example: If you participate in a bet with odds of 0.96 and bet 100K, but only win half, you will receive (100 x 0.96) / 2 = 48K.

Calculating half-loss betting:

Similar to calculating half-winnings, half-loss means that you will not lose the entire betting amount but only receive half of it back.

Half-loss = Initial betting amount / 2

For example: If you bet 100K on a match with odds of 1.6 and lose half, you will lose 100 / 2 = 50K.

 

Effective football betting tips for beginners:

Now that you have learned how to calculate money in football betting, let's share some tips for big wins:

Choose reputable betting sites: Select and participate in football betting with reputable bookmakers. The betting sites must have legitimate operating licenses and be protected by large organizations. They should offer diverse betting odds, quick, safe and secure deposit and withdrawal processes.

Thoroughly research matches: To have the most objective view of a football match, you need to thoroughly research information about the game. This includes team form, head-to-head history, league rankings, home vs. Away records, and the referees.

Understand the betting odds: Know how to read and understand the odds to determine the best betting direction.

Divide your betting budget wisely: Split your budget for each match, and avoid putting all your funds into one single bet.

Set your limits: Know when to stop, and do not overly emphasize winning or losing when playing football betting online.

Keep a clear mind and make informed decisions: Stay rational and make the most accurate betting choices.

 

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In this article, Wintips has guided you on how to calculate money in football betting and provided some effective betting tips. We hope this knowledge will truly benefit your football betting journey.