What is a bet calculator?
Using a bet calculator gives you a simple yet powerful way of
fully understanding your wagers. 8️⃣ This easy-to-use tool lets you see in a flash how much
you could win if your prediction comes true. Just 8️⃣ fill in a few basic details and
you’ll instantly see the potential winnings so that you can then decide if 8️⃣ it’s worth a
flutter or not. Paddy’s bet calculator includes all the bet types and conditions that
you’ll find across 8️⃣ our site. This includes each-way bets, accumulators, and the rest.
So, let’s see how it works for you to understand 8️⃣ the full value of any punts
placed.
Bet type Single Double Treble Fourfold Fivefold Sixfold Sevenfold Eightfold
Accumulator Trixie Yankee Canadian 8️⃣ / Super Yankee Patent Lucky 15 Lucky 31 Lucky 63
Heinz Super Heinz Goliath Super Heinz with Singles Super Goliath 8️⃣ Odds Type Fractional
Decimal Stake Conditions Each Way Rule4 Dead Heat # Odds EW R4 DH Win/Place 1 @* ✕ 8️⃣ *@ /
1/2 1/3 1/4 1/5 – 2 horses 3 horses 4 horses Win Lose @* Placed *@ Void/NR + 8️⃣ Add row
Winnings Returns 20.00 Profit 10.00
How does the bet calculator work?
At the heart of
our brainy bet calculator is 8️⃣ a tool that works out all the figures you need to know. It
takes into account the following factors that 8️⃣ you’ll be asked to enter:
Bet type – for
example, a single bet on a particular race or event, an accumulator 8️⃣ covering several
events or a more complex wager like Yankee or Super Heinz
Odds type – choose for the
odds to 8️⃣ be represented in fractional (e.g. 2/1) or decimal (e.g. 3) format
Stake – this
is how much you plan to wager 8️⃣ on the bet
Conditions – you have the chance to add any
special terms you want to include
You can then look 8️⃣ at the win/lose/void section, which
is automatically set to ‘win’ when you start.
Naturally, if you work out the figures
for 8️⃣ a losing bet, the profit or loss result will be a loss of your stake. A voided bet
will see 8️⃣ your stake returned to you, but in the case of an accumulator, the rest of the
bet will stand.
If you 8️⃣ mark the bet as a win, the calculator will take into account the
different factors to tell you how much 8️⃣ you would pocket. In those cases where you mark
it as an each-way bet, a dead heat or rule 4, 8️⃣ you’ll be asked for some more information
to make the result completely accurate.
How to use a bet calculator
You don’t need 8️⃣ to
be a tech wizard to use our bet calculator, even Paddy himself can use it, but you do
need 8️⃣ to take a moment to make sure that the details you put into it are all bang on.
The best 8️⃣ idea is to start at the top of the page and work your way down through each
field.
Let’s start with 8️⃣ the easiest example of a single bet, where you need to complete
the following fields:
Choose the bet type as ‘single’ 8️⃣ using the drop-down list
Select
the odds type as fractional or decimal
Enter the amount you might stake
In this way, we
see 8️⃣ that a £10 stake at odds of 2/1 gives you a potential return of £20. Just change
the stakes or 8️⃣ the odds to see how this changes the winnings. If you want to work out
the numbers for an accumulator, 8️⃣ choose ‘accumulator’ as the bet type and then select
the ‘add row’ button until you’ve included all of the different 8️⃣ parts. Don’t forget to
add in the correct odds for each different part of the bet.
Other types of bets
