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 24000        =          138,880

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               =          1600

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                     =          4800

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

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