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
