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RE: Asian handicap betting quiz: win 5 SBD! / Asiatisches Handicap-Wettquiz: 5 SBD zu gewinnen!
Bet on team A: 1536
Bet on draw: 300
Net profit: 84
I'll put my workings below!
Bet on team A: 1536
Bet on draw: 300
Net profit: 84
I'll put my workings below!
Congrats: I declare you as winner of this quiz, because all your numbers are correct. :)
Concerning your maths I still have a question though: why did you write the gross winning of the bet on team B would be 2880 euro in case of a draw? They are half the stake (1920 euro / 2) multiplied by 2.00 = 1920 euro! The net winnings are 1920 euro minus the stake = 960 euro.
In case of a win of team B you win gross: 1920 euro * 2.00 = 3840 euro as you wrote. The net winnings are 3840 euro - 1920 euro = 1920 euro.
-> Thus the difference of the net winnings which you must balance is 1920 euro - 960 euro = 960 euro. (Not 3840 euro - 2880 euro. :-) ). Fortunately for you the difference is the same even if calculated in a different way so you got the correct stake for the bet on the draw, too. :)
great calculation, i was confuse with multiple calculation, hehe, i just found that result, but i doubt it.
Thanks very much! Winning received!
On your question, I think it depends on how you consider the returned stake? I haven't seen asian handicap odds before so I'm not sure how it would work in practice! But I assume that, on a betting website say, you would have to put down the full 1920 stake and then would receive 3840 back if B wins and 2880 back if it's a draw (1920 gross winnings and 960 returned stake) and 0 if A wins? So I guess I'm looking at it more in terms of cashflows. So you're right, where I've put "winnings" I should perhaps say something like "cashflows"!
Actually reading your text I think we just have a different way to say the same: you say what you get back (and consider the stake as already spent). I consider the whole winnings and then subtract the stake ... :)
Agreed!
Winnings from bet on team B = 3840 for win and 2880 for draw. Difference = 960
Bet on draw has to yield 960 at odds of 3.2, so bet of 300
Bet on team A has to yield 3840 for win at odds of 2.5, so bet of 1536
Total bets = 3756 so net profit is 3840 - 3756 = 84
Probably.
Congratz, fits in my formula (H = home amount | D = Draw amount)
Thanks!
I was stuck at creating an opposite -0.25 @ 2.109375 putting which would mean 1620€ on Home and 300€ on Draw which made the profit on the home side but I didn't know how to exactly middle it aside from trying some different numbers in the formula.
Anyway this was fun.
Agreed. A good contest. Reminds me I need to look out my next bet!