What is a bet calculator?
Using a bet calculator gives you a simple yet powerful way of fully understanding your wagers. ⭕️ This easy-to-use tool lets you see in a flash how much you could win if your prediction comes true. Just ⭕️ fill in a few basic details and you’ll instantly see the potential winnings so that you can then decide if ⭕️ it’s worth a flutter or not. Paddy’s bet calculator includes all the bet types and conditions that you’ll find across ⭕️ our site. This includes each-way bets, accumulators, and the rest. So, let’s see how it works for you to understand ⭕️ the full value of any punts placed.
Bet type Single Double Treble Fourfold Fivefold Sixfold Sevenfold Eightfold Accumulator Trixie Yankee Canadian ⭕️ / Super Yankee Patent Lucky 15 Lucky 31 Lucky 63 Heinz Super Heinz Goliath Super Heinz with Singles Super Goliath ⭕️ Odds Type Fractional Decimal Stake Conditions Each Way Rule4 Dead Heat # Odds EW R4 DH Win/Place 1 @* ✕ ⭕️ *@ / 1/2 1/3 1/4 1/5 – 2 horses 3 horses 4 horses Win Lose @* Placed *@ Void/NR + ⭕️ Add row Winnings Returns 20.00 Profit 10.00
How does the bet calculator work?
At the heart of our brainy bet calculator is ⭕️ a tool that works out all the figures you need to know. It takes into account the following factors that ⭕️ you’ll be asked to enter:
Bet type – for example, a single bet on a particular race or event, an accumulator ⭕️ covering several events or a more complex wager like Yankee or Super Heinz
Odds type – choose for the odds to ⭕️ be represented in fractional (e.g. 2/1) or decimal (e.g. 3) format
Stake – this is how much you plan to wager ⭕️ on the bet
Conditions – you have the chance to add any special terms you want to include
You can then look ⭕️ at the win/lose/void section, which is automatically set to ‘win’ when you start.
Naturally, if you work out the figures for ⭕️ a losing bet, the profit or loss result will be a loss of your stake. A voided bet will see ⭕️ your stake returned to you, but in the case of an accumulator, the rest of the bet will stand.
If you ⭕️ mark the bet as a win, the calculator will take into account the different factors to tell you how much ⭕️ you would pocket. In those cases where you mark it as an each-way bet, a dead heat or rule 4, ⭕️ you’ll be asked for some more information to make the result completely accurate.
How to use a bet calculator
You don’t need ⭕️ to be a tech wizard to use our bet calculator, even Paddy himself can use it, but you do need ⭕️ to take a moment to make sure that the details you put into it are all bang on. The best ⭕️ idea is to start at the top of the page and work your way down through each field.
Let’s start with ⭕️ the easiest example of a single bet, where you need to complete the following fields:
Choose the bet type as ‘single’ ⭕️ using the drop-down list
Select the odds type as fractional or decimal
Enter the amount you might stake
In this way, we see ⭕️ that a £10 stake at odds of 2/1 gives you a potential return of £20. Just change the stakes or ⭕️ the odds to see how this changes the winnings. If you want to work out the numbers for an accumulator, ⭕️ choose ‘accumulator’ as the bet type and then select the ‘add row’ button until you’ve included all of the different ⭕️ parts. Don’t forget to add in the correct odds for each different part of the bet.
Other types of bets
