Betting Calculator
Enter your stake, bet type and odds, the bet calculator will display your returns.
Get Free Bets when placing your bet at any of the UK Bookmakers below the calculator
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How to use Free Betting Calculator
As an example bet, let’s say you wanted to place a bet on West Ham to beat Chelsea at odds of 2/1 or 3.0 Decimal then you would need to follow these steps:
- Choose Betting Odds format, e.g Fractional, Decimal, or American Odds.
- Enter the “Stake” amount you have spent on your bet.
- Select “Bet Type” Single, double, treble, accumulator, Trixie, Lucky 15, Patent etc
- Select Each way or not
- Enter the Odds of your selection/s
- Choose Bet Outcome (Won, placed if each way, dead heat etc)
- The stake, return and profit will all automatically update in the Bet Outcome box at the bottom in green
It’s really easy to use and calculates your profits instantaneously. The ‘Rule 4’ option refers to a horse racing regulation, so this would not be applicable with this example.
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Best Free Betting Calculators
The Free Betting Calculator is the most popular online sports betting calculator in the world. It can calculate up to 57 selections.
It’s used by both punters and bookmakers to figure out the stake, return, and profit for a wide variety of bets.
All of the most popular bet kinds, such as Singles, Doubles, Trebles Lucky 15, Accumulators, Trixie, Patent, Round-Robin, and Yankee, as well as specialty bets like Alphabet, Goliath, Super Heinz, and Lucky 63, are supported.
Use the odds calculator for all types of bets on offer online at William Hill with up to £40 in free bets to new customers. There is also a Football Spread Betting Calculator and Odds Conversion tool
How do I calculate my horse winnings?
Dividing your total stake by the number of horses included in the dead heat. Multiplying that figure by the odds at which the bet was placed.
How do I calculate how much I will win on a bet?
The betting odds indicate how many times your stake will be multiplied in your total payout. For example, A £100 bet at 1.50 odds will pay out £150 (£50 profit, plus your £100 stake). A £25 bet at 4.00 odds will pay out £100 (£75 profit, plus your £25 stake).
How are bets worked out?
Bets are calculated by the probability of something happening. For example, if the bet is priced at 4-1, then it is calculated as 1 / (4+1) = 0.2 which means there is a 20% chance of the outcome happening. The bet return is calculated by multiplying the stake by the odds.
What is Rule 4 in horse racing?
Rule 4 in horse racing refers to a deduction taken from payouts on a race if a runner/runners are withdrawn after the final declarations are made.
How do I work out my winnings on an each-way bet?
The equation reads: (Bet x Odds) + (Bet x 1/4 of Odds) + 1/2 Stake + 1/2 Stake = Each Way Winnings In this equation, the bet is the amount of money you placed on the racer.
What does backing a horse each way mean?
An Each Way (EW, E/W) bet is essentially two separate bets: one for the horse to win, the other for the horse to place in any of the place positions offered in that race. This means you can receive a return on your bet if your selection wins, but also if it just places.
What is the best bet to make in horse racing?
The win bet should be the key bet, especially for newcomers. Takeout (the amount of money that goes to the track that is not returned to bettors) for win, place, and show bets are less than most exotic bets. Most importantly, don’t bet two or more horses to win in the same race
There are numerous different bet types that bettors can choose from across various sports. These bets can be placed as a single bet, but also combined with other selections into a Multiple bet.
What is a Multiple bet?
Multiples betting is a form of betting that combines multiple bets into one. Whether it’s an accumulator, Bet Calculator Lucky 15, Patent, Trixie, treble, handicap, or an Over/Under (or any other available market type) when you place a bet with one selection it’s known as a Single.
When you combine more than one selection into one bet it becomes a Multiple bet.
Bet Calculator Lucky 15
The popular Lucky 15 bet comprises 15 separate bets. That is 4 singles, 6 doubles, 4 Trebles, and 1 Fourfold Accumulator. You only need one winning selection that will guarantee a return. Choose from the drop-down Bet Calculator Lucky 15 selection.
How do betting odds work?
Bettors may know a Multiple by various different names. To some, it’s a parlay, while others might know it as an accumulator. The concept for this type of bet is the same. Just like the selection you make for a single bet must win for your Single bet to be a winner, all of the selections in a Multiple must win in order for that Multiple bet to be a winner.
The most common type of Multiple bet simply multiplies the odds for each selection by each other in order to calculate the betting odds for the bet overall.
With the free betting calculator works out the following types of bets…
- Single Bet Calculator
A single is one bet on a selection. Your selection must be successful to have a return. - Double Bet Calculator
A double is one bet on 2 selections in different events. Both selections must be successful to have a return. - Treble Bet Calculator
A treble is one bet on 3 selections in different events. All three selections must be successful to have a return. - Trixie Bet Calculator
A trixie consists of four bets on three selections in different events, i.e. 3 doubles and 1 treble. A £1 Trixie costs £4. - Patent Bet Calculator
A patent consists of seven bets on three selections in different events i.e. 3 singles, 3 doubles, and 1 treble. - Fourfold Accumulator
A four-fold accumulator is one bet on four selections in different events. All four selections must be successful to have a return. - Fivefold Accumulator
A five-fold accumulator is one bet on five selections in different events. All five selections must be successful to have a return. - Yankee Bet Calculator
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. - Bet Calculator Lucky 15
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 - Lucky 31 Bet Calculator
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. - Canadian/Super Yankee
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. - Heinz Bet Calculator
A Heinz consists of fifty-seven bets on six selections in different events i.e. 15 doubles, 20 trebles, 15 four-folds, 6 five-folds, and an accumulator. A £1 Heinz has a total stake of £57. - Super Heinz
A Super Heinz consists of one hundred and twenty bets on seven selections in different events i.e. 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.
Click here to use the Bet Calculator
Other Useful Pages
Page Contents
- 1 Betting Calculator
- 2 ENTER BOOKMAKER BONUSES
- 3 Bet Outcome
- 4 How to use Free Betting Calculator
- 5 Best Free Betting Calculators
- 6 How do I calculate my horse winnings?
- 7 How do I calculate how much I will win on a bet?
- 8 How are bets worked out?
- 9 What is Rule 4 in horse racing?
- 10 How do I work out my winnings on an each-way bet?
- 11 What does backing a horse each way mean?
- 12 What is the best bet to make in horse racing?
- 13 What is a Multiple bet?
- 14 Bet Calculator Lucky 15
- 15 How do betting odds work?
- 16 With the free betting calculator works out the following types of bets…
- 17 Other Useful Pages
