When participating in football betting at a bookmaker legit , you certainly expect to receive your winning money. Whether you are a beginner or an experienced player in football betting, you would want to know how much you have invested and how much profit you have made. This is a popular trend in betting, where people aim to earn high profits through this long-standing form of gambling. In this article, HT Sport will guide you through the simplest and most detailed way to calculate money in football betting.
What is football betting?
Football betting is understood as a form of betting between two or more different individuals or groups. It is an extremely complex form of betting that cannot be evaluated like other forms. If you learned that 1+1 equals 2, in football betting, 1+1 can equal -2. Therefore, football betting is a very popular form of betting in the current market.
Football betting is always favored by many people
What should you do when betting on football?
Before learning how to calculate money in football betting, let's find out what you should do when betting on football. Football bettors are usually football fans who have knowledge and understanding of the sport. They often communicate with each other to analyze online odds based on their knowledge, press articles, and football forums. In general, this is just a small part that football fans always do when there is a new match.
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What should be done before betting on football?
To easily and quickly achieve victory within 5 minutes, let's go through the following steps together:
Stay updated with the odds announced by the bookmakers, which are usually released a few days before the match.
Regularly update the odds because they may fluctuate. Sometimes the bookmakers adjust the odds without your knowledge.
On the last day before the match, the bookmakers continuously change the odds, so you need to update them constantly during this period.
About 1 hour before the match starts, participants in the betting should review the odds again.
In general, betting on football online is very simple and easy to do. Everything becomes uncomplicated if you invest time in them.
Calculate carefully to avoid mistakes
How to calculate money in football betting when losing
One of the ways to calculate money in football betting is to calculate the money when losing. So, how do you calculate when you lose half of the money and lose the entire match?
Losing half of the money:
When you lose half of the amount you initially bet, even though it is only half, every penny is valuable. In this case, you should calculate immediately to know how much you have lost in this transaction.
To calculate the amount of money a player has lost, use the formula: Half of the initial bet amount x bookmaker odds = the amount of money the player has lost.
Losing the entire match:
This is the biggest loss compared to losing half. Losing the entire match means greater losses. The formula to calculate it is as follows:
Losing the entire match is calculated by multiplying the original bet amount by the odds ratio. This is a specific calculation method that many people have applied in football betting. However, there may be a slight discrepancy when calculating the amount. You need to reach an agreement with egarding this matter.
Calculating the winnings in football betting is definitely the most anticipated formula for many people. Winning money is the definite profit you bring back to yourself. Here are some calculation methods:
Winning the whole match:
Winning the entire match means winning completely and getting the maximum profit for your bet. The calculation formula for winning the whole match is as follows:
Winning the entire match = odds ratio x bet amount = amount received by the player
Winning half of the match:
Winning half of the match is still an opportunity for you to make money, so whether it's big or small, you have won. The calculation formula is as follows:
Winnings = (betting odds + 1) / 2 x bet amount.
Instructions on calculating money in football betting:
For example, if you place an initial bet of 1.6, the calculation is: (1.6 + 1) / 2 = 1.3. Then multiply it by the bet amount to get the winnings. However, this formula is only applicable to some cases, not all.
One thing to note is that the calculation of football betting winnings also depends on the odds provided by the bookmaker. There is always a difference in odds between bookmakers. Therefore, you need to have a good understanding of the odds in order to calculate your winnings accurately. Choosing the right bookmaker is crucial, so make sure to research thoroughly.
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We hope that the information provided by HT Sport on how to calculate money in football betting will be helpful to you. It will help you understand your losses and winnings in betting more clearly. Wishing you good luck and success in your betting endeavors.
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