Calculating the odds in football betting is a question many players are interested in because it directly affects their betting preferences. Understanding this, today’s article will show you the most practical and accurate way to calculate these odds. So, with standard odds from quality bookmakers, follow through the entire content good soccer tips to fully understand!
What is Calculating the Odds in Football Betting?
Can you figure out how to calculate the odds? This refers to the commission that players receive after each bet. It is a reward provided by the bookmaker, and the value of this commission depends somewhat on the number of bets placed. If you frequently use sports betting software, you definitely need to know how to calculate the odds to earn money from football betting sites.
Specifically, the betting method only applies even if the player loses the bet. Typically, this reward rate is set at 1% of the total winning and losing bets. Additionally, for a draw bet, there is no fee on the field.
The way to calculate the odds in football betting also varies depending on the conversion rate and the amount of the player’s bet. The higher the level, the more money you receive. Although it only constitutes 1% of the total bet amount, it brings in a lot of money, especially for football agents or those who enjoy high-stakes betting. Therefore, all football bettors should clearly understand how to calculate these odds.
Symbols to Know When Placing Football Bets
Before placing a bet on any football match, players need to grasp some basic information as follows:
Match: When you enter the football section, the names of the matches and their times will appear so that players are informed. Your task is to choose a match you like and place a bet.
Choose Betting Type: You will see options for Full and 1st Half, which means betting on the whole match or just the first half.
Choose the Betting Odds: In each football match, there are various betting options available to meet the players' needs. Below are the most common betting types that you can play on Kucasino or other betting platforms:
Asian Handicap: This is also known as the Handicap or Handicap Odds in Kubet Asia. In these bets, the favored team (or the higher-ranked team) is usually listed first for easier tracking by players. In each bet, the odds for winning vary and are usually displayed when playing.
View more articles : what is an asian handicap in soccer
Asian Handicap
This is also known as the HAD 1×2 bet. In this type of bet, you will receive payouts according to various odds based on the result as per the rules. The difference is that you can bet on which team will win or bet on a draw between the two teams.
Over/Under Bet
This bet is quite popular and is also called the Over/Under or O/U bet. The Over/Under bet can also be referred to as the "Over" (O) and "Under" (U) bets. On the betting board, players will see these symbols easily.
Odd/Even Bet
With this bet, players will wager on the total number of goals scored in the match. If betting on an odd number, choose Odd; if betting on an even number, choose Even. The bookmaker will provide odds for both options.
The figures you see on the board represent the payout ratio if you win the bet, and this ratio varies between different types of bets.
Guide to Calculating Return in Football Betting Effectively
In practice, each bookmaker has different methods for calculating returns in football betting, with refund rates ranging from 0.2% to 1% of the total stake. The more you invest, the larger the amount you receive. The commonly applied base currency exchange rates include:
1$ = 20,000 VND: Corresponds to a 0.5% refund rate, with 0.25% added to the stake and the remaining 0.25% credited to the player's account.
1$ = 50,000 VND: Corresponds to a 1.25% refund rate, with 0.25% added to the stake and 1% credited to the player's account.
1$ = 100,000 VND: Corresponds to a 1.5% refund rate, with 0.25% added to the stake and 1.25% credited to the player's account.
Most bookmakers apply a monetary policy for their cashback promotions for the year. However, some bookmakers may offer short-term refunds and only for specific betting services. Therefore, it is crucial to thoroughly understand the promotion policies of bookmakers before participating in any betting.
For small bettors, the amount received might not be substantial. But for those who prefer to place large bets, the rewards can be significant. Thus, "calculating returns in football betting" is a concept for effectively earning money and is commonly applied by many bettors.
Conclusion
This is basic knowledge shared about calculating returns in football betting for the most effective and professional results. We hope this information betting tips group provides players with the most pleasant and distinctive experiences. Join a reputable bookmaker to experience and receive significant rewards for yourself right away!
