When starting to bet on football at the best asian bookmaker , understanding the formula for calculating football betting according to various odds formats is something that every beginner needs to grasp. It is a number that evaluates each event on the betting table, which is displayed after certain calculations through formulas for calculating football betting.
Where do odds appear in the process?
If you understand the odds and the formula for calculating football betting, it will increase your prediction abilities. Moreover, you can even independently analyze and make predictions about the results of different events.
The odds refer to the probability of winning the bet according to the bookmaker's evaluation. If the betting option is easy to appear, the bookmaker will offer lower odds, while placing bets on higher odds always brings more profits, but also brings risks.
Betting companies are not only organizations that provide opportunities for people to earn money from football, but they are also large companies where many employees have to consider all the details (even the smallest ones) that may affect the outcome of the types of bets they provide to football betting customers on their platforms. Only after careful analysis, specific numbers are established.
Formula for calculating football betting that you can figure out on your own
When offering players to bet on football, bookmakers always include a margin rate in the odds ratio. The margin rate - the guaranteed profit of the bookmaker - shows that the probability of surpassing your actual forecast may be higher (or lower) than the initial odds indicate.
Bookmakers also use advanced algorithms to calculate the amount of money that will be placed in a specific market. In addition, they have a database of past cash forecasts to help them calculate better numbers to predict which betting option will receive more money, thereby making adjustments accordingly. That's why those who love playing at Bong88 will find that calculating football bets will be useful for themselves.
For example: The English Premier League match between Liverpool vs Manchester United has odds of Liverpool winning at 3.05, draw at 4.5, and Manchester United winning at 2. The chance of Liverpool winning is 100/3.05 = 33.8%. The chance of a draw is 22.2%, while the chance of Manchester United winning is 50%.
If one of the teams plays at home, their chance of winning will increase - they play in a familiar environment, surrounded by regular fans cheering for them, and they rest much better than their opponents who come from another city, even from another country. Not to mention the weather on the day of the match can also affect the outcome of the match, not to mention injured players having to sit out, etc. Those are important pieces of information that affect the calculation of the bookmaker's odds for football betting.
When you play Asian Handicap or Over-Under bets with decimal milestones, there will be payment methods in football betting as follows:
Win enough or get full money back, then profit = capital x odds ratio. For example, you bet on Chelsea to win with a 0.5 handicap against Watford and they ultimately win 2-0 when the match ends.
Winning half the money, you want how much profit = half the capital x odds ratio. For example, if Man United gives Betis a 0.75 goal handicap, but they only win by 1 goal when the match ends.
Losing enough means losing all the betting money if your chosen option loses the match with a score of 0-2 when given a 1-goal or 1.25-goal handicap.
Losing half the money means losing half of the initial betting capital to the bookmaker. For example, if the underdog team Burnley loses to Brentford with a score of 1-2, but they are given a handicap of up to 1.25 goals.
Now you have learned a little more about the formula for calculating football betting when playing at Vaobong88.top correctly. Remember to always research the details of the tournament you will bet on. In addition, study the rankings of the bookmakers to choose the one with the best odds because it is important to remember that the odds are different everywhere.