# How to Calculate Your Bet Winnings When Betting on a Football Game

When you place a football wager (commonly referred to as a ‘bet’ on a game) you are essentially betting on the final result of the game. The chances of winning or losing depend on numerous variables including the teams involved and the time of day the game is played. Many bookmakers offer odds on a variety of football games making it simpler for sports fans to place wagers on the games they love most. You may ask “How do I calculate my betting winnings if I win?” If you manage to pick the right game and the right odds you will end up winning but there is a trick to calculating how much you should win. There are many variables that you need to consider so it is important to do some research before placing a wager.

## How to Calculate Your Bet Winnings If You Lose?

If you lose your bet you lose your money no matter what. However, there is a way to calculate your winnings should you lose your bet. Calculating your winnings after you lose is not something you want to do as it will only result in you losing more money. Instead, you want to do the opposite. If you are determined to win back your original investment you will need to place a new bet at a less favorable rate or stop betting altogether. Calculating your winnings after you lose is only for entertainment purposes. For example, if you bet on a game and it ends up being a tie you will have no way to recover the money you spent on the wager. For that reason, it’s better to calculate your winnings before the game even starts.

## How to Calculate Your Bet Winnings If You Win?

If you win your bet you win your money no matter what. You will need to calculate your winnings after the game to determine how much you should be paid. Usually, you will be paid several times your investment for winning. It depends on the terms and conditions of the bookmaker you are using but often you will be paid odds (the chance of winning) x amount of money you invested. For example, if you invest one pound you may be paid three or four pounds for winning. The key here is to ensure you do not bet more than you can afford to lose. You do not want to bet more than you can afford to lose because if the game ends up being a loss it will be difficult to recoup your investment. For that reason, it is best to invest only what you can afford to lose. You cannot afford to lose more money than you can afford to lose. Do not put yourself in that position because it’s not worth it.

## The Difference Between Odds and Wagering

Odds are the chances of something happening while wagering is when you actually bet on something. In other words, odds are the likelihood of something occurring (such as a football game resulting in a victory or loss) while wagering is when you agree to bet on that outcome. The difference between odds and wagering is that odds are usually determined by mathematical analysis while wagering is usually determined through a trusted source the bookmakers. For example, if you want to place a bet on the outcome of the Superbowl you might consult the bookmakers to see how much they are willing to offer for the win or loss of the game. The outcome of the Superbowl might result in either team winning or losing depending on numerous factors including score and time of day. If the game is played in the afternoon odds might be skewed in favor of the home team. You can also consult online betting forums to see what other people are saying about the game. You can use this information to determine whether or not to bet on a game.

## The Importance of Checking Odds Before You Bet

You can never be sure what kind of odds you are going to get for something until you check the relevant sites. For example, if you are considering placing a bet on the Superbowl (one of the biggest sporting events of the year) you will want to make sure you check the relevant sites to see what kind of odds they are offering before you make a decision.

You might get a good deal on the Superbowl at one site but if you check other bookmakers you might find that the odds are not nearly as good. Therefore, it’s always best to do your research before committing to a wager. You may check the sportsbook’s website to get a general idea of what to expect but it is always best to go directly to the source to get the best odds available.