HOW TO CALCULATE YOUR POOLS WINNINGS ?
It is very easy to calculate winnings on fixed odds when maximum number of lines is staked. You simply multiply the ammount staked by the coupon odd for the week. Example: for a 3/3 game staked N1,000, in a week of 100 to 1 odds, the winning will be 1000x100 = 100,000.
For Permutation game, you will need to score at least the minimum selection in order to win. To calculate the winning, you must know the number of lines staked(this can be seen in the permutation reckoner table), amount staked per line (determined by total amount staked divided by the total lines staked), winning line(determined by the numbers that are correct in your selected games). Then, calculate your winning using these simple steps:
(1) Multiply amount staked per line by the odd of the week as declared by promoter
(2) Multiply your answer in (1) above by the winning lines.
Let's break it down further!
For Instance: For a permutation of 3 from 6, total number of lines is 20. If you staked N1000, amount per line will be 1000/20 = N50. If 5 out of the 6 games are correct, winning line will be 10. If the payment odd for that week is 50, winning will be calculated thus:
(a) 50 multiplied by 50 = 2500
(b) 2500 multiplied by 10 =25,000
Using a simplified formula for this calculation:: Amount won = (WL x ODD x TAS) / NLS
NB:
WL = Winning Lines = 10
ODD = Coupon Odd for the week = 50
TAS = Total Amount staked = 1000
NLS = Number of Lines staked = 20
Amount Won = (10 x 50 x 1000) / 20 = N25,000
Another Example
You staked 10 numbers with N24,000 and expects at least 3 of your selections to come out correctly. In the end, 8 of the games played. Here is the winning:WL = 56
ODD = 100
TAS = N24,000
NLS = 120
Amount Won = (56 x 100 x 24,000) / 120 = N1,120,000
Here is the generally accepted permutation reckoner table from which you can find and determine both number of lines staked and the winning line



Permutation Reckoner
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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