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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

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