Knowing how to calculate money in football betting at an online bookmaker helps bettors check the accuracy of the bookmaker and calculate the most effective ways to place bets in football betting.
Have you learned how to calculate money in Fi88 football betting to see your profits or losses? If the answer is "no," then follow this article. Today, Modradar will guide you through the detailed steps to calculate money in football betting, both in the case of winning and losing.
Why do you need to know how to calculate money in football betting?
Many bettors wonder why they need to learn how to calculate money in Fi88 football betting when in the modern era of technology 4.0, all the odds for winning money in football betting are fully automated. However, in reality, you need to know how to calculate money in football betting to:
Verify the credibility of the bookmaker
Machines do not always function correctly, and players cannot rely solely on the automatic system of the bookmaker. Sometimes, it is necessary to know how to calculate money in football betting to compare and verify the credibility of the bookmaker.
Have a reasonable way to place bets
Playing football betting is also a form of investment, and bettors need to choose the odds to have a high winning rate while also considering the profits or losses. Knowing how to calculate money helps bettors choose the appropriate way to place bets in football betting accurately and minimize risks when participating. Additionally, knowing how to calculate money in football betting also boosts bettors' confidence in their playing style.
How to calculate money in Fi88 football betting when winning
To know specifically how much money you have won without waiting for the bookmaker, you have to calculate it yourself. There are two cases of winning a bet in football betting: winning in full and winning half. Each case has a different method of calculating money:
Calculating money when winning in full
Winning in full means that the player receives the full bonus money according to the odds set by the bookmaker. For each type of bet, there will be a different calculation formula.
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a. Calculating money for the Asian handicap (1x2) bet
For the Asian handicap bet, there are only three betting options: win, lose, and draw. Therefore, winning in full is calculated using the following formula:
Winning money = Asian handicap odds x accepted bet amount
For example: In the match between Zibo Cuju FC and Xinjiang Tianshan Leopard, you placed 100K on the home team with the odds set at 1.64. If the home team Zibo wins, you will receive the winning money: 1.64 x 100K = 164K.
b. Calculating money for over/under (O/U) bet
The formula for calculating money when winning an over/under bet in football is as follows:
Winning Money Calculation in Over/Under Betting = Over/Under Odds x Valid Bet Amount
Let's illustrate this with the following example: In a match between Juventus and Lazio, the bookmaker sets the total goals at 1. If a bettor wagers 100K on the Over option and the match has more than 1 goal, the bettor wins the bet with the odds of 1.81. Therefore, the amount won is calculated as follows: 1.81 x 100K = 181K.
Calculating Money in Asian Handicap Betting
Calculating the money in Asian Handicap betting when winning is also straightforward. The formula is as follows:
Winning Money = Asian Handicap Odds x Bet Amount
For example, in the case of FC Bulleen Lions giving a 1-goal handicap to Werribee City SC, if someone bets 100K on FC Bulleen Lions to win with the odds of 2.14, and FC Bulleen Lions wins by a margin of 2 goals or more, the person wins the bet and receives: 2.14 x 100K = 214K.
Calculating Money in the case of Half-Win
Half-win occurs when the bettor's wager is close to the actual result, almost winning. Half-win only happens in Asian Handicap and Over/Under betting. Regardless of the odds, the general formula is as follows:
Half-win = (Bet Odds x Bet Amount) / 2
For instance, in a match between Hiroshima Sanfrecce and Urawa Red Diamonds with an Asian Handicap odds of 2 1/4, if the final total goals are 2, the bettor wins half of the money. For example, if someone places a bet of 100K, the amount won is: (2.06 x 100) / 2 = 103K.
Calculating Money in Losing Bets
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Similar to calculating money in winning bets, calculating money in losing bets can be divided into full loss and half loss. The calculation methods are as follows:
Calculating Money in Full Loss
Full loss is straightforward to calculate in all types of Asian Handicap, European Handicap, and Over/Under bets:
Money lost = Bet Amount
The amount of money lost is equal to the bet amount. This amount is deducted immediately after a successful bet placement and is not returned after the match ends.
Calculating Money in Half Loss
Half loss occurs when the bettor's wager is close but not enough to win the bet. Therefore, the bookmaker deducts half of the bet amount. The formula for calculating half loss is as follows:
Half loss amount = 1/2 of Bet Amount
How to Participate in Fi88 Football Betting?
Fi88 Registration Form
To participate in Fi88 football betting, bettors need to follow these steps:
Step 1: Successfully register an account on Fi88.
Step 2: Log in and verify the account information.
Step 3: Deposit money into Fi88 to participate in football betting.
Step 4: Access the Fi88 sports section, choose the desired tournament, select the teams to bet on, and choose the betting odds. Enter the bet amount and confirm the bet.
Step 5: Wait for the result after the match ends. If the bet is fully won, the bettor receives the full amount. If it is a half-win, the bettor receives half the amount. If the bet is lost, the bet amount is not returned, and in the case of a half-loss, the bookmaker refunds half the bet amount.
Through this article, bettors have learned how to calculate money in Fi88 football betting, haven't they? Bettors should apply