How to Compute a System Bet's Potential Winnings?
How to Compute Potential Winnings for a System Bet in PHP
- Identify Your Bets
Determine the number of selections (teams) in your system bet. For instance:
- In a "2 from 3" system bet, you choose 3 selections and aim to win with any 2 of them.
- Gather the Odds
Obtain the odds for each selection. Odds can be in decimal or fractional format. For example:
- Selection 1: 2.0
- Selection 2: 3.0
- Selection 3: 4.0
- Calculate Combinations
Use the combination formula to determine the number of possible winning combinations. The formula is:
- Example: For a "2 from 3" system bet, there are 3 possible combinations:
(Selection 1 & Selection 2), (Selection 1 & Selection 3), (Selection 2 & Selection 3).
- Calculate Potential Winnings for Each Combination
Multiply the odds of each selection within a combination to get the total odds for that combination.
- Example: Combination (Selection 1 & Selection 2): **2.0×3.0=6.0 **
- Determine Your Stake Per Combination
Divide your total stake by the number of combinations. For example:
- If your total stake is ₱30 and there are 3 combinations, your stake per combination is: ₱30 / 3 =₱10
- Compute the Potential Payout for Each Combination
Multiply the total odds for each combination by the stake per combination.
- Example: Total Odds: 6.0 Stake Per Combination: ₱10
- Potential Payout: 6.0×₱10=₱60
- Sum Up All Potential Payouts
Add the payouts for all winning combinations to calculate the total potential winnings.
Final Note: System bets are a great way to cover multiple outcomes while mitigating risk. Always review the terms and payouts before placing your bet.
Updated on: 07/01/2025
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