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Simple Guide to Calculating Football Betting Money: From A to Z

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GuestJanuary 24, 2024 at 2:11 pmTo become a skilled bettor, knowing how to calculate money in football betting is extremely important. Accordingly:
This helps you not only understand the amount of money you are betting but also know how to calculate and compare with the automatic moneyback feature of the bookmakers. This helps you assess the credibility of the football betting website and choose the bookmaker with the best return rate to participate in.
Besides, knowing how to calculate money in football betting not only helps you avoid risks but also enhances your ability to analyze football odds, to make accurate decisions and secure more victories.
Above all, only when you understand the online betting odds offered by the bookmakers and how to calculate profits, can you accurately predict football matches. After all, if you don’t understand what the football betting odds mean and their significance, how can you expect to win in this intellectual playground?
It is agreed that calculating money in football betting is a rather “tricky” topic and can lead to many “headaches” for bettors. But don’t worry, today Wintips will help you grasp these tips win in a very simple and interesting way.
The Easiest Way to Understand Money Calculation in Football Betting for BeginnersEuropean Odds (Decimal Odds)
The European odds ratio is the most commonly used display method among bookmakers worldwide. Each odds includes both the original money and the winning money of the player. The European Odds ratio always has a value greater than 1.0.
When placing a bet, if the player wins, the winning money is calculated using the formula:
Total return = Bet amount x European Odds ratio
Loss = Lose the entire bet amount
For example, if a player bets 100,000 dong with a European odds ratio of 1.8, the winning money will be 180,000 dong, including the original 100,000 dong. If you lose, you will lose 100,000 dong.
Hong Kong Odds (Odds HK)
Calculating football betting money with Hong Kong odds has similarities with European odds, but there are some differences.
Hong Kong Odds only show the winning amount for the player, while European Odds include both the stake and the winning amount.
The format of Hong Kong Odds has a value greater than 0.0, and the player will receive the winning amount using the formula:
Full Win = Stake + (Stake x Hong Kong Odds)
Half Win = Stake + (Stake x Hong Kong Odds / 2)
Lose = Lose the entire stake
For example: If the European odds are 1.8, then with Hong Kong odds, the corresponding odds will be 0.8, and if a player places a bet of 100,000 VND with these odds, the amount you receive will be: 100,000 + (100,000 x 0.8) = 180,000 VND if you win the bet. If you lose, you will lose 100,000 VND.
Malay Odds (Odds MY)
Malay odds, similar to Hong Kong odds, only display the winning amount for the player. However, the difference is that while Hong Kong odds only have positive values (greater than 0.0), Malay Odds format can have either positive or negative numbers.
In the case of positive Malay Odds:
The calculation of winning money is similar to that in Hong Kong odds. Specifically:
Full win = Bet amount + (Bet amount x Malay Odds ratio)
Half win = Bet amount + (Bet amount x Malay Odds ratio/2)
Loss = Lose the entire bet amount
For example, if you bet 100,000 dong on a match with Malay Odds of 0.8 and you win, you will receive a winning amount of 180,000 dong (100,000 x 0.8 + 100,000). If you lose, you will lose 100,000 dong.
In the case of negative Malay Odds:
When betting with negative Malay Odds, if you win the bet, it is calculated as:
Full win = Bet amount x 2
Half win = Bet amount + Bet amount /2
If you lose the bet:
Total return = Bet amount – (bet amount x Malay Odds)
For example, if you bet 100,000 dong on a match with Malay Odds of 0.88. In this case, if you win the bet, you will receive 200,000 dong (100,000 dong original bet and 100,000 dong winnings).
If you lose, you will receive back 100,000 – 100,000 x 0.88 = 12,000 dong (which means you lose 88,000 dong).
The above is the most detailed explanation of how betting money is calculated in football betting, compiled for you by Wintips, a provider of live odds. In the next part, we will delve into understanding how to calculate winnings in different types of betting such as European, Asian, over/under, etc.
How to Calculate Money for European Football Betting
The European Handicap is one of the most popular types of bets chosen by many players. With European football betting, players have three options to place their bets:
Option 1: Choose the home team to win
Option 2: Choose the away team to win
Option X: Choose a draw result.
When you place a bet on one of these options, if you correctly predict the result of the match, you will receive the corresponding winning amount.
Note: With the European 1X2 handicap, the odds applied by the bookmaker are always European odds (Decimal Odds). HK Odds and MY Odds are not used in this type of bet.
For example, in a match between Chelsea and Arsenal, the bookmaker offers three choices corresponding to the odds of Chelsea (1.7), Draw (3.5), and Arsenal (4.7).
If you bet 100,000 VND on the home win prediction team Chelsea, and the match ends with a victory for The Blues (regardless of the score, just a win), you will receive back 100,000 x 1.7 = 170,000 VND (including the original 100,000 VND stake). If Arsenal wins or the match ends in a draw, you will lose 100,000 VND.
The same calculation applies to the Draw option (odds of 3.5) and the Arsenal option (odds of 4.7).
How to Calculate Money for Asian Football Betting
While the European 1×2 handicap is a popular type of bet chosen by Western bettors, in Vietnam and other Asian countries, the Asian Handicap is of primary interest.
To understand how to calculate winnings in Asian Handicap betting, we first need to understand how to read the handicap.
In Asian Handicap betting, bookmakers set a “handicap” level to balance the strength of the two teams. The stronger team (the favorite) will have a negative handicap (e.g., 0.5, 0.75, 1…) and conversely, the weaker team (the underdog) will have a positive handicap (+0.5, +0.75, +1…) correspondingly.
Returning to the example of the match between Chelsea and Arsenal, with the European live odds being Chelsea (1.7), Draw (3.5), and Arsenal (4.7), typically this European line would correspond to an Asian Handicap of 0.75 for Chelsea. Chelsea would then have a “Handicap” of 0.75, indicating they are the favorite, and Arsenal would have +0.75, indicating they are the underdog.
Here, the bookmaker will offer corresponding Decimal odds for each team, for example, Chelsea 0.75 at 1.9 and Arsenal +0.75 at 2.05. If converted to HK odds, the corresponding odds would be Chelsea (0.9) and Arsenal (1.05). If converted to Malay odds, the odds would be Chelsea (0.9) and Arsenal (0.95).
Calculating money in Asian Handicap football betting is quite simple. Suppose you bet 100,000 dong on the underdog (Arsenal given a +0.75 handicap). We will have the bk8 deposit calculations corresponding to the odds as follows:
In the case where Hong Kong odds are used with the odds for Chelsea 0.75 at 0.9 and Arsenal +0.75 at 1.05:
If Chelsea wins by a margin of 2 goals or more, you lose 100,000 dong.
If Chelsea wins by just a 1goal margin, you lose half your bet. The amount you receive is 100,000 – 100,000/2 = 50,000 dong (losing 50,000 dong).
If Arsenal draws or loses, you win the full amount. The total return is 100,000 + 100,000×1.05 = 205,000 dong (winning 105,000 dong).
In the case where Malay odds are used with the odds respectively being Chelsea 0.75 (0.9) and Arsenal +0.75 (0.95):
If Chelsea wins by a margin of 2 goals or more, you receive back an amount of 100,000 – (100,000x0.95) = 5,000 dong (losing 95,000 dong).
If Chelsea wins by just a 1goal margin, you lose half your bet. The amount you receive is 100,000 – 100,000x0.95/2 = 52,500 dong (losing 47,500 dong).
If Arsenal draws or loses, you win the full amount. The total return is 100,000 x 2 = 200,000 dong (winning 100,000 dong).
How to Calculate Money for Over/Under Football Betting
With the Over/Under betting line, you can apply the same money calculation method as in the above Asian Handicap. This type of bet also includes scenarios of full loss, full win, half loss, and half win. Therefore, by mastering the formulas provided by Wintips betinum for the Handicap line, you will easily be able to calculate the winning amount in the Over/Under bets.
Here, you can see how the calculation of money in football betting differs among European odds, Hong Kong odds, and Malay odds. With the same stake and the same bet, however, if the odds used by the bookmaker are different, the amount of money you win or lose will also change.
Don’t forget to regularly follow the Wintips football betting tips page to update more useful betting knowledge.