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HOW TO CALCULATE WINNINGS ?

Winnings on fixed odds are easiest to calculate when the maximum number of lines obtainable have been secured. Just multiply the amount staked by the odd for the coupon that week.

 

However if in a permutation game, you get at least the minimum selection required, to determine your winnings, first you must know the lines of your selection, then your winning lines which is defined by the numbers you get correctly in your selection. You can then calculate your winning as follows:

(i)                Multiply your winning lines by the amount staked per line;

(ii)             Multiply what you get in (i) above by the odd for the game that week.

For example: If you make a permutation of 3 from 6, the total number of lines is 20. If your total investment on the coupon is N500, that means the coupon was staked at N25 per line. If out of the 6 games, 5 are correct, your winning line is 10. If the odd for the game that week is 40, then your winning will be:

(i)                10 multiplied by 25 = 250

(ii)             250 multiplied by 40 =10,000

However there is a more direct formula for this calculation which is:

 

Winning          =          WL x CPOD x AS

TLS

Where:

WL      = Winning Lines        = 10

CPD    = Coupon Odd           =  40

AS       = Amount staked       =  500

TLS     = Total Lines staked =  20

 

Winning          =          10 x 40 x 500             =          10000

20

 

Steve staked 10 numbers, expecting a minimum of 3, on the Mars GND coupon with N24,000 in week 41. 8 of his selection were correct. How much did he win?

WL      = 56

CPD    = 124

AS       =  24000

TLS     = 120

 

Winning          =          56 x 124 x 24,000        =          1,388,800

120

 

That same week, Steve staked 6 numbers expecting a minimum on the Under-4 Away coupon with N1200. 4 of his selections were correct. How much did he win?

WL      = 1

CPD    = 4

AS       = 1200

TLS     = 15

 

Winning          =          1 x 4 x 1200               =          320

15

 

But if 5 of his selection had been correct, his winning would have been:

 

Winning          =          5 x 4 x 1200               =          1,600

15

 

If Steve had gotten the whole 6 selections correct, his winnings would have been directly calculated as:

 

Winning          =          CPD x AS      

                      =          4 x 1200                     =          4,800

 

In the calculation of winnings, the ready reckoner comes very handy in determining the total lines staked and the winning lines.

 

 

 

 

 

Permutation Table:

 

 

 

 

 

.

 

 

 

 

 

From

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

2

1

3

6

10

15

21

28

36

45

55

66

78

91

105

120

136

153

171

190

3

 

1

4

10

20

35

56

84

120

165

220

286

364

455

560

680

816

969

1,140

4

 

 

1

5

15

35

70

126

210

330

495

715

1,001

1,365

1,820

2,380

3,060

3,876

4,845

5

 

 

 

1

6

21

56

126

252

462

792

1,287

2,002

3,003

4,368

6,188

8,568

11,628

15,504

6

 

 

 

 

1

7

28

84

210

462

924

1,716

3,003

5,005

8,008

12,376

18,564

27,132

38,760

8

 

 

 

 

 

 

1

9

45

165

495

1,287

3,003

6,435

12,870

24,310

43,758

75,582

125,970



 
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