Step-by-Step Guide to Calculate Football Bet Winnings

Fractional Odds

Whether frequenting a bookmaker's shop, betting online, or catching a glimpse of a betting ad, you've likely encountered fractional odds.

Take for instance the fractional odds 5/1—that's England winning the World Cup. Here, the first number is the gain made on your stake, the second number.

For example:

• 2/1 : Bet £1 to get £3 if it wins. (£2 profit plus your original £1)
• 5/1 : Wagering £1 brings back £6 total, combining £5 win with your £1 bet.
• 7/2 : Put down £2 and receive back £9 if successful. (£7 profit plus your £2)
• 7/4 : A £4 bet returns £11 if it wins. (£7 profit plus your initial £4)

Using the second figure as your stake makes returns calculations straightforward. However, applying a non-standard stake requires a bit more calculation.

Decimal Odds

While fractional odds are more widespread, decimal odds simplify calculating potential payouts.

With a decimal system, discovering your returns is straightforward: multiply your chosen stake by the odds—it's that simple!

For example:

• 2.00: A winning £1 bet nets you £2.
• 3.00: Put £1 on the line and walk away with £3 if it hits.
• 5.50: Stake £1 to secure £5.50 in returns.
• 6.75: For a £1 wager, expect £6.75 back if all goes well.

When using decimals, keep in mind that multiplying the odds by your bet gives the total returns (profit and initial stake), not just the profit.

Switching Fractional Odds to Decimal Numbers

Occasionally, it's handy to translate fractional odds into decimal format for easier return calculations. Here's how you can do that effortlessly:

Divide the fraction, then add one.

Here are some examples:

• 2/1 Fractional Odds = 3.0 Decimal Odds ((2 ÷ 1) + 1)
• 5/1 Fractional Odds = 6.0 Decimal Odds ((6 ÷ 1) + 1)
• 7/2 Fractional Odds = 4.5 Decimal Odds ((7 ÷ 2) + 1)
• 13/2 Fractional Odds = 7.5 Decimal Odds ((13 ÷ 2) + 1)

Unveiling Your Bet’s Success Odds from the Given Rates

Odds reveal the chances of winning. Higher odds correlate with lower chances, and vice versa.

For instance, odds of 2/1 suggest a stronger chance of a favorable outcome compared to 20/1 odds.

By assuming the provided odds are correct or nearly so, the decimal form becomes a quick way to estimate victory chances.

For example:

• Odds of 2.0 suggest one win in two tries.
• With odds of 5.0, expect a victory every five attempts.
• Odds of 6.5 imply a win roughly once in every 6.5 tries (two wins per 13 trials).

Calculating Accumulator Odds

An accumulator bundles individual bets under one roof, each contributing its odds, forming a single overall rate.

Simplifying accumulator odds starts with translating all elements into decimals if not already done.

Let's imagine crafting an accumulator with these picks:

• Arsenal to win: 2/1
• Man Utd to win: 3/4
• Real Madrid to win: 6/4
• Burnley to win: 4/1

Convert each fraction into decimals—divide and add one.

• Arsenal to win: 3.00
• Man Utd to win: 1.75
• Real Madrid to win: 2.50
• Burnley to win: 5.00

Then, to uncover the combined odds of this blend, simply multiply all odds together.

3.00 x 1.75 x 2.50 x 5.00 = 65.63

Suppose a £1 bet covers this accumulator, victory across the board would bring in £65.63, netting a gain of £64.63.

Figuring Winnings from Other Bet Types

Beyond single strategies and accumulators, you have a world of other wagering choices. Some examples include:

• Trixie
• Patent
• Yankee
• Canadian
• Heinz
• Super Heinz
• Lucky 15
• Lucky 31
• Lucky 63

Determining returns from these bets manually can be complex, hence employing a betting calculator becomes beneficial. Free betting calculators, like here at WhichBookie, can be your solution.