Every participant in football betting hopes to earn a profit. Whether you’re a beginner or a seasoned player, understanding the amount you’ve invested and the expected profit is always a primary concern. The following article provides a detailed guide on calculating football betting odds at BL777.
Understanding Football Betting Terminology
Before exploring how to calculate football betting odds, we need to understand the common terminology used in the betting world. The first is “full win,” meaning the amount you win will be equal to the odds given by the bookmaker multiplied by your initial bet.
Example: If you bet 100 Pesos with odds of 2.0 and win, you will receive 200 Pesos (100 Pesos initial bet + 100 Pesos profit).
Next is “half win,” which means the amount you receive when winning will be half your bet multiplied by the bookmaker’s odds, plus your initial stake. For instance, if you bet 100 Pesos with odds of 2.0 and win, you will receive 150 Pesos (100 Pesos initial bet + 50 Pesos profit).
Regarding “full loss,” this means you lose the entire amount you wagered. If you bet 100 Pesos and lose, you will lose all 100 Pesos.
Finally, “half loss” means you lose half of your bet, and you only regain half of your initial wager. For example, if you bet 100 Pesos and lose, you will lose 50 Pesos, retaining 50 Pesos.
Read more: Football Odds Analysis: How to Accurately Analyze Football Odds Like Experts
How to Calculate Football Betting Odds Simply
To calculate football betting odds, you need to know how to read and understand common types of odds such as Asian Handicap, European Odds, Over/Under, and Correct Score. Here is a guide on calculating football betting odds:
Asian Handicap
Asian Handicap, also known as Handicap, is a complex and popular type of bet. This bet balances the chances of winning between two teams by setting a handicap (e.g., -0.5, -1, +0.5, +1).
Example: If you choose Team A with a -0.5 handicap, Team A must win for you to win the bet. If your chosen team draws or loses, you lose the bet. Similarly, if you choose Team B with a +0.5 handicap, you win the bet if Team B wins or draws.
European Odds
In calculating football betting odds for European Odds, also known as 1×2 odds, it’s the simplest and easiest to understand. You only need to bet on the match result: home win (1), draw (X), or away win (2).
Example: If you bet on a home win and the home team actually wins, you win the bet. Conversely, if the match ends in a draw or the away team wins, you lose the bet.
Over/Under
Over/Under (O/U) is a bet predicting the total number of goals scored by both teams in a match. The bookmaker provides a specific number, and you bet whether the total goals will be over (Over) or under (Under) that number.
Example: In calculating football betting odds, if you choose an O/U of 2.5 and bet on Over, you win if the match has 3 or more goals. Conversely, if you bet on Under, you win if the match has 2 or fewer goals.
Correct Score
Correct Score betting involves predicting the exact score of a match. This is the most challenging type of bet but also offers the highest payout rate.
Example: If you predict the match will end 2-1 in favor of the home team, and that is the actual result, you win with a very attractive payout. However, if the result is different from your prediction, you lose the bet.
Things to Note When Calculating Football Betting Odds
Besides common odds types like full win, half win, full loss, and half loss, bettors may encounter situations where their initial bet is refunded. This often occurs with handicap or over/under bets.
When choosing handicap or over/under bets, players may receive a full refund of their stake if the match ends in a draw matching the handicap or total goals/threshes predictions. This means players do not lose money but only regain their initial bet amount.
To accurately calculate winnings in football betting, players need to understand the odds provided by the bookmaker. Note that each match and bookmaker has different rules, so a universal application is not possible. Players must distinguish between bet types like European odds, handicap, and over/under for precise calculations.
Choosing reputable and trustworthy bookmakers will help players avoid discrepancies in calculating betting amounts. Many online football betting sites now integrate automatic calculation features, making it easy for players to track and manage their betting amounts.
Conclusion
We hope the knowledge on calculating football betting odds presented by BL777 sports will be truly useful and valuable to you. Don’t hesitate to continue following upcoming articles, as they will be opportunities for us to accumulate more valuable experience in online football betting.
FAQs
- How do I calculate my potential winnings in football betting?
To calculate your potential winnings, multiply your stake by the odds provided by the bookmaker. - What happens if the match ends in a draw with Asian Handicap?
If the match ends in a draw that matches the handicap, your initial bet may be refunded. - Why is it important to choose a reputable bookmaker?
A reputable bookmaker ensures fair odds and accurate calculations, preventing discrepancies in your betting experience.
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