Calculation of winnings in a bookmaker's office
Learn how to calculate winnings from betting in bookmaker's offices together with "Championship"
Calculating winnings in a bookmaker's office parimatch website is sometimes more complicated than it seems. There are three main types of bets, which have their own rules of calculation. In this article, we will show you how to calculate your winnings on single, parlay, system and Asian Handicap bets.
What is a single in sports betting?
A single bet is a bet on one outcome of an event. The amount you can get, calculate according to the formula:
- S x K, where S is the size of the bet, K is the odds on the outcome.
Determine the probability of winning the outcome, taking into account the bookie's margin by the formula:
Examples of order winning calculations for sports events
Let's look at two examples of calculating single bets for $100.
- P1 in the soccer match "Barcelona" - "Real Madrid" for odds of 1.75. In case of victory of blue-granatovyh in the main time the payment will be $175: 100 х 1.75.
- Total points over 163.5 in the CSKA - Khimki basketball game for odds of 2.10. If they score 164 points or more, you will get $210: 100 х 2.10.
What is a Parlay in Sports Betting?
A Parlay is a bet on a number of different events.
The payout for a parlay is calculated according to the formula:
- S x Z, where S is the stake, Z = K1 x K2 x ... x Kn is the final coefficient, that is the result of multiplication of odds for outcomes of events, included in the express.
- The total number of outcomes in the parlay can exceed 20. Your bet will win, if there is a hit or a comeback for each choice. If one fails, the entire parlay loses.
Some bookmakers limit the maximum possible odds of a parlay, such as 2000.00. If the total odds exceed this value, in case of success, the bet will be calculated at the maximum allowed limit.
