Betting Odds Calculator
Contents
- 1 Betting Odds Calculator
- 2 Popular Bet Types
- 3 Free Betting Calculator
- 4 Bet Calculator Quick Links
- 5 How are bets determined?
- 6 What factors go into determining the winner of a horse race?
- 7 What exactly do the free betting calculator odds imply?
- 8 What are the different types of horse racing bets?
- 9 What is an accumulator?
- 10 What exactly is an each-way bet?
- 11 You can use the free betting calculator to work out all types of bets
All types of bets can be worked out with the Bet Calculator. Multiple selection bets like Trixie, Lucky 15, Patent, and Yankee. Also, specialty bets like Alphabet, and Union Jack Trebles, each-way bets, and more.
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Popular Bet Types
| Single | Double | Treble | Acca |
| Trixie | Patent | Yankee | Canadian |
| Heinz | Super Heinz | Goliath | Lucky 15 |
| Lucky 31 | Lucky 63 | Each Way Bet | more... |
Free Betting Calculator
Do you want to calculate your potential winnings? Use our simple online free betting calculator. Enter your stake, bet type, and odds the free betting calculator will display your profit and return.
Bet Calculator Quick Links
- Bet Matching Calculator
- Dutching Calculator
- Spread Betting Calculator for Football
- Betting Odds Converter
- Betting Offers
- Bet Types
- Betting Glossary
How are bets determined?
The likelihood of something happening is used to calculate bets. If the bet is priced at 4-1, the odds are computed as 1 / (4+1) = 0.2, indicating that there is a 20% probability of the event occurring. By multiplying the stake by the odds, the bet return is computed. A single bet is usually simple to calculate, but a multiple bet should be calculated using the free betting calculator.
What factors go into determining the winner of a horse race?
Horse racing wagers are computed in the same way as any other wager: the amount is multiplied by the chances. Horse racing bets on the Tote, on the other hand, are computed by dividing the pool’s total value evenly among the winning stakes.
What exactly do the free betting calculator odds imply?
The odds, which can be displayed in decimals or fractions, show the possibility of something happening and thus the expected return on a wager. For example, odds of 4-1 indicate a 1 in 5 probability (4+1) of something happening, with a return of £5 (£4 profit) on a £1 wager.
What are the different types of horse racing bets?
You can choose from a variety of different bet types to make your ideal stake at the races. If you’re not sure what you want to wager on.
What is an accumulator?
An accumulator comprises four or more selections in one bet. All of the selections must win to guarantee a return.
What exactly is an each-way bet?
An each-way bet is a two-part wager in which half of the money is placed on the winner and the other half on the place. The stake is double that of a winning bet, and if the selection wins or is put, the stake is returned.
You can use the free betting calculator to work out all types of bets
A single is one bet on a selection. Your selection must be successful to have a return. Simple and popular bet.
A double is one bet on 2 selections in different events. Both selections must be successful to have a return.
A treble is one bet on 3 selections in different events. All three selections must be successful to have a return.
A Trixie consists of four bets on three selections in different events, i.e. 3 doubles and 1 treble. A £1 Trixie costs £4.
A patent consists of seven bets on three selections in different events i.e. 3 singles, 3 doubles, and 1 treble.
A four-fold accumulator is one bet on four selections in different events. All four selections must be successful to have a return.
A five-fold accumulator is one bet on five selections in different events. All five selections must be successful to have a return.
A Yankee bet consists of eleven bets on four selections in different events i.e. 6 doubles, 4 trebles, and 1 four-fold accumulator. A £1 Yankee has a total stake of £11.
A Lucky 15 bet consists of 15 separate bets. 4 singles, 6 doubles, 4 trebles, and 1 fourfold accumulator. One winning selection will guarantee a return. Bet Calculator Lucky 15
Like the bet calculator Lucky 15, A Lucky 31 bet is made up of five selections and involves 31 individual lines, ensuring it is a full coverage bet. You only need to have one winner on your bet to see some return on the initial investment.
A Canadian/Super Yankee consists of twenty-six bets on five selections in different events i.e., 10 doubles, 10 trebles, 5 four-folds, and 1 five-fold. A £1 Canadian/Super Yankee has a total stake of £26.
A Heinz consists of fifty-seven bets on six selections 15 doubles, 20 trebles, 15 four-folds, 6 five-folds, and an accumulator. A £1 Heinz has a total stake of £57.
A Super Heinz consists of one hundred and twenty bets on seven selections, 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds, and an accumulator. A £1 Super Heinz has a total stake of £120. Work out a Super Heinz bet with the free betting calculator
We encourage you to use the betting calculator and Gamble Responsibly
