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 GND 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
|
