Post by hennesy on Jan 30, 2024 4:02:18 GMT -5
To play betting effectively, besides understanding the game mechanics and some fundamental rules, understanding how to calculate soccer betting money is equally crucial for bettors. Once you grasp the calculation method, you can estimate the amount you'll win or lose based on the game's outcome. In this article, we, at sports betting tips will delve deeper into this topic to help you understand it better!
Relevant Terminology in Soccer Betting Money Calculation
When delving into the calculation of soccer betting money, bettors should familiarize themselves with some related terms as follows:
Betting Odds: Represents the allowance for players to place bets, determining the amount they'll receive if they win.
Formula: Amount Won=Amount Wagered × Betting Odds
Full Win: The player wins entirely and receives all the total winning bet amount
Formula: Full Win Amount=Amount Wagered × Match Odds
Half Win: The player wins half and receives half the bet amount compared to a full win.
Profit Earned=(Amount Wagered / 2) × Match Odds
Full Loss: Bettors lose all the money wagered on the game without getting anything back.
Total Loss Amount for the Match=Amount Wagered on the Match × Initial Match Odds Provided by the Bookmaker
Half Loss: The player loses and gets back half the initial wagered amount. Additionally, half the wagered amount goes to other players.
Half Loss Amount in the Match=1/2 × Amount Wagered on the Match
Terms on Money Calculation Essential for Bettors
Detailed Guide on How to Calculate Soccer Betting Money Super Simplistically
When engaging in sports betting, surely, every bettor desires to win and earn sufficient money. However, losing bets is an inevitable circumstance for bettors. So, how do you calculate soccer betting money in these two scenarios? All will be elaborated on comprehensively in the following information:
Calculating Soccer Betting Money When Winning Bets
When placing bets in soccer betting, two issues bettors need to consider are the amount wagered on the game and the match odds provided by the bookmaker. In this regard, there are two situations bettors will encounter:
Winning Half Bets
Winning Full Bets
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With the formulas listed above, calculating soccer betting money will be distinctly determined as follows:
When players win half bets:
If winning half bets, the bettor will receive an amount equal to half of the full bet: (Amount Wagered / 2) × Match Odds provided by Kubet.
Let's consider the example below to understand better how to calculate the amount won when participating in betting:
Suppose a bettor participates in a soccer match with odds provided by Kubet at 2.4. The player decides to wager 500,000 VND on this match and achieves half victory. In this case, if the bettor wants to calculate the amount received, it will be based on the following formula:
Betting Odds=(2.4 + 1) / 2=1.2
Total Amount Won=Amount Wagered × Match Odds=500,000 × 1.2=600,000 VND
In this scenario, the bettor will receive 600,000 VND if they win half.
When players win full bets:
The amount received will be equal to the amount wagered based on the odds they placed for the match. The calculation method for soccer betting money earned will be as follows: Amount Won=Amount Initially Wagered × Match Odds.
For example: If the match odds that bettors participated in are 2.4 and the bettor wagered 500,000 VND, then if they win fully, the amount they will receive is: 500,000 × 2.4=1,200,000 VND.
Therefore, if the result of winning half is ½ of the full win, it means the bettors have calculated correctly.
Full Win: 1,200,000 VND
Half Win: 600,000 VND
Similarly to calculating money when winning, losing bets and losing a specific amount of money will be divided into 2 scenarios: losing half and losing the entire match (full loss). In this case, the calculation formula will be applied as follows:
Half Loss Amount=1/2 × Amount Wagered is the amount that bettors will lose when betting half.
Total Loss Amount for the Match=Amount Wagered on the Match × Initial Match Odds is the method to calculate the amount lost if bettors bet on the whole match.]
Let's follow the example below to understand better how to calculate the money, shall we?
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For example: Bettors bet on a match with the wagered amount being 800,000 VND and 1.2 being the odds. The result of the match is that you lose a portion. At this point, the amount that bettors lose is:
Amount lost in part=(800,000 / 2) × 1.2=480,000 VND.
When players place bets and lose the entire match: At this point, the players lose all the bet money and the odds they placed for the bookmaker. In this case, the method of calculating soccer betting money will be:
Total Loss Amount=800,000 × 1.2=960,000 VND.
So, the half-loss ratio=½ the full-loss ratio means that the bettors have calculated correctly.
Conclusion
Above is our complete sharing on the easiest way to calculate soccer betting money. We hope you can apply it successfully and have the most perfect betting experience at Kubet sports!