How to Calculate Winnings & Read Betting Odds in Online Soccer Betting
The moment of receiving your winnings from a successful bet is something every bettor looks forward to after nights of strategizing. However, with the evolving landscape of betting, there are now many new ways to play and updated rules, affecting both how winnings are calculated and how to read basic soccer betting odds.
Different betting sites, bookies, or even individual bettors may have unique methods for calculating winnings. To protect your interests, you should read the following analysis to gain valuable experience.
Calculating Winnings in Soccer Betting
Knowing how much you've won or lost is crucial in betting. Nowadays, there are various methods to calculate soccer betting winnings based on the betting odds provided by bookmakers. These odds are quite diverse, so understanding them thoroughly is essential to make informed choices.
Betting Terms for Calculating Winnings:
Full Win: Winnings=Bet amount x Odds
Half Win: Winnings=(1/2 x Bet amount x Odds) + Bet amount
Full Loss: Loss=Bet amount (total loss)
Half Loss: Loss=1/2 x Bet amount
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Detailed Guide on Reading Online Soccer Betting Odds
There are three common types of soccer betting odds today: Asian Handicap, European Odds, and Over/Under odds offered by reputable bookmakers. Here's a detailed look at each:
a) Understanding Asian Handicap Betting
The Asian Handicap is a type of bet based on the odds provided by European bookmakers, adapted for the Asian market. In this type of betting, you can only bet on the upper or lower team, with no possibility of a draw.
0 – 0 Odds
When you choose this odds type, if the match ends in a draw, you get your money back regardless of whether you bet on the upper or lower team. If there is a winner, those who bet on the winning team receive their payout based on the initial odds.
Calculation: Winnings=Bet amount x Odds
1/4 Odds
Also known as a quarter-goal handicap. If the match ends in a draw, those who bet on the upper team win. If there is a clear winner, those who bet on the winning team receive their payout.
Calculation: Winnings=Bet amount x Odds
1/2 Odds
The lower team is given a half-goal advantage over the upper team. In this bet, there is no refund for a draw. It’s a win/lose situation only. If you bet on the upper team and they win, you receive your payout.
Calculation: Winnings=Bet amount x Odds
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3/4 Odds
This is a simple concept where the handicap is one and a half goals. For example, if you bet on Barcelona against Real Madrid, and the score is 1-0, those who bet on Barcelona (the favorite) will win half their stake back, while those who bet on Real Madrid (the underdog) will lose half their stake.
To win the full amount, Barcelona must beat Real Madrid by 2 goals or more, resulting in the underdog losing their entire stake.
1.25 Odds
With this calculation, if the favorite team wins by only 1 goal, the bettor loses half their stake. The bettor wins the full amount if the team wins by 2 or more goals.
2.25 Odds
In this scenario, if the favorite wins by 2 goals, the bettor on the favorite loses half their stake, while the bettor on the underdog wins half their stake.
Understanding these different betting odds can help you make better decisions and potentially increase your winnings. For more strategies and https://soccertips.net/premium-soccer-tips/ , stay informed and leverage expert advice to enhance your betting success.