![]() ![]() ![]() The bet calculator works out the return from the win element and the return from the place element and calculates the total figure. In betting on horse racing in the UK place terms apply to races depending on the number of runners and whether the race is a handicap or not. Bettors like to back an option to be placed which means winning or occupying a set number of places. The most basic function is working out the returns from a win single bet. The bet calculator is more efficient as the number of selections increases.Īdvanced betting odds calculator functions An accumulator includes four selections or more. The same method is used to calculate the return from a treble which includes three outcomes. The odds are multiplied to calculate the return. The profit is £1100 which equates to odds of 11/1 (12.0). Bet unit calculator free#So, let’s assume the bet is a £100 double at odds of 2/1 (3.0) and 3/1 (4.0) Here are the two steps required to work out the return which is a function of a free bet calculator. There are two stages in the calculation of a double so the use of a betting odds calculator is less time consuming and less prone to inaccuracy. The odds are multiplied or accumulated and the return and profit are based on the combined odds. The return from the first element is placed on the second including the stake. This bet involves two outcomes which both must win for the bet to be successful. The same principles apply to more complex bets such as a double. The return is two and a half times the stake and the profit is £150 (Return Minus Stake). £100 (Stake) multiplied by 2.50 (Odds Including Stake) equals £250. Bet unit calculator manual#Assuming the odds for a home win are 6/4 (2.50) and the stake is £100 the manual calculation is as follows: For example, in a Premier League match, the match odds are for a home win, away win and draw. The most basic bet is a single which is a bet on one event and one outcome. The returns from a bet are determined by the stake, odds and result. ![]() The betting odds calculator displays the return and profit or loss.
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