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