Bet Calculator

If you’ve put on any sort of bets over the years, if you’re anything like me you will want to know what are the potential returns. I like a quick an easy way of working out or calculating my winnings.

One of the better ways to do this is to use a bet calculator, which can do all the hard work for you.

A bet calculator is a convenient tool for calculating potential winnings on various types of bets. Whether it’s your reliable single bet or a high-risk accumulator, a bet calculator allows you to quickly and easily determine your potential payouts.

Best of all, there’s no need for manual calculations, as this powerful tool provides instant answers on your potential returns.

Types of Bet Calculator
SingleAccumulatorLucky 15
DoubleTrixieLucky 31
TrebleYankeeLucky 63
FourfoldCanadianHeinz
FivefoldPatentSuper Heinz
SixfoldGoliathSevenfold

Using a bet calculator provides an easy and powerful way to fully understand your wagers. This user-friendly tool allows you to quickly see potential winnings if your prediction comes true.

As such there are a wide variety of bet calculators to choose from. These range from Single bets to each way betting calculators or lucky 15 calculators.

They give you the punter all the potential outcomes for your bets, including winnings or if you want to bet each way the place amounts you could win if one or more of your selections wins.

How does a bet calculator work?

Bet calculators will do all the hard work for your these days and a decent one will work out all the figures you need, considering several key factors.

It accounts for the bet type, such as a single bet on a specific race or football match , an accumulator bet which is when you want to include one or more selections in your bet, or a complex wager like Yankee or Super Heinz.

You can choose to display the odds in either fractional (e.g., 2/1) or decimal (e.g., 3.0) format. Additionally, you need to enter the stake, which is the amount you plan to wager, and any special conditions you want to include.

The win/lose/void section is automatically set to ‘win’ when you start. If you calculate a losing bet, the result will be a loss of your stake. A voided bet returns your stake, but for an accumulator, the rest of the bet remains active.

Marking the bet as a win allows the calculator to factor in all elements to determine your potential payout. For each-way bets, dead heats, or Rule 4, additional information may be required for accurate results.

How do I use a bet calculator?

Using a bet calculator is a pretty straightforward process for punters to use. All you need to do is to simply enter the unique features of your bet, such as the bet type, preferred odds, and the stake you wish to put on. With the click of a button, the calculations will be done.

You’ll know the potential return, with the bet calculator displaying the size of any potential profit that you may or may not win with your bet.

Single Bet Calculator

This is one of the more popular calculators out there. A single bet is simply a wager placed on a single event. Once again, its pretty easy to use.

The first step is to decide how much you want to stake, as a higher stake can lead to a greater profit. If your selection loses, you’ll forfeit your stake and receive no profit.

If you are lucky enough to have a winning selection, your stake is multiplied by the accepted odds to calculate your profit, and your original stake is also returned.

Bets with higher odds, which bookmakers consider less likely to win and of course don’t often come in, will result in higher payouts if successful.

Punters can then look into odds which provide value for their staking plans. You can choose bets where you believe your chances of success are greater than the odds suggest, often referred to as ‘value’ bets.

Experts consider single bets to be the safest way to realize a profit over the long term because they have a higher winning percentage compared to accumulator bets.

With single bet odds often quoted near evens, your potential return will typically be lower than what accumulator bets can offer.

Lucky 15 Calculator

A Lucky 15 bet consists of 15 bets across four different selections: 4 single bets, 6 doubles, 4 trebles, and 1 four-fold accumulator. With single bets included, even one winning selection guarantees a payout. A single win is unlikely to cover the total stake of your Lucky 15 bet, which would be £15 at £1 per bet.

The return from a Lucky 15 bet depends on the number of winning selections and their respective odds.

Its a good idea to fully understand how a Lucky 15 works as punters can potentially win a decent payout with these types of bets.

To assess your returns based on available odds, you can use an online Lucky 15 betting calculator. The Lucky 15 bet calculator tool pre-checks your returns for different odds and stakes, allowing you to adjust your betting strategy to match your budget and target returns.