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Do you want to calculate your potential winnings? Use our simple online free betting calculator. Enter your stake, bet type, and odds the betting calculator will display your profit and return. Go to the bet calculator

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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 a bet 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 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, Racing Post has put together a special website that explains all of your possibilities. This link will take you to this page.

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

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