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These handy tools can make a huge difference to your betting activity, providing you with a full overview of the options available and ultimately helping you to place the bet — or combination of bets — that works best for you. In this article, we are going to take a closer look at the concept of odds calculators, how they tend to work, and the key benefits that they can offer in terms of boosting your betting balance.
On the most basic level, odds calculators are designed to help you understand the implications of your bets and ultimately determine what returns you will receive if you are successful. Such tools tend to operate in a standard format, with them first asking you to input the type of bet that you have made or are planning to make.
This could be anything from a single to a Yankee to Super Heinz or an accumulator. The calculator may also ask you to either enter the odds in the decimal or fraction format, but we will touch upon the key issues related to that further on in this article. You will then repeat that process however many times is necessary — for example, if you have placed multiple bets — and then may also be able to add information related to Dead Heats or any situation when Rule 4 may have come into play.
The latter offers compensation in the event that a horse withdraws from a race after a bet is placed. After providing full information regarding your range of bets, the odds calculator will then take care of the hard work by doing the maths and generating an overview of the bets you have made or are planning to make, as well as the potential returns which will be available if you are successful.
Choose your each-way terms with the odds calculator — these vary based on the number of runners and the type of race. As you may have already realised, such tools offer clear benefits to horse racing fans whether they are planning for future races or even checking what their final winnings will be after placing several bets. The ability to input information on a combination of bets is a particular benefit, as it ensures you do not get a headache while attempting to consider the potential outcomes of the bets you have made.
For a great number of horse racing fans, the use of fractions is the traditional way of viewing the odds for the runners and riders, but the use of decimals is something which has grown significantly across recent years, too. The concept operates on the straightforward notion that you simply multiply a stake by the decimal shown and the outcome will be your total winnings.
If one backs out, the odds will change — even if you have already placed your bet. Unfortunately, if this happens the odds are going to get shorter. So your potential winnings will go down. The amount you can expect to have deducted from your winnings due to a Rule 4 varies depending on what the odds of the withdrawn horse were at the time it was withdrawn.
The table below shows the deductions which will be taken from your winnings. Note that even if multiple horses withdraw, the deduction will not exceed 90p in the pound. If one of these horses was yours. Your winnings will be reduced depending on the number of horses who have dead-heated. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Play safe.
Free bets valid for 7 days on sports, stakes not returned, restrictions apply. This sports promotion cannot be used in conjunction with another Ladbrokes. Wagering must be cleared within 60 days. This offer may not be combined with any other offer. New customers only. Free bets valid for 7 days, stake not returned.
This sports promotion cannot be used in conjunction with another Coral. New customer only. Money back as bonus if first racing bet loses. Wagering requirements: all sportsbook 3x at min. Unless forfeited the racing bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. Visit Unibet. New customers only signing up using promo code VAL Bet must be placed in first 7 days of account opening.
Forgot your password? Sign up using our simple one-page form and you'll be able to access free video form, tips and exclusive content straight away. Free Bet Calculator Odds Calculator Use our free bet calculator to work out exactly how much profit you stand to win from your selections. Check potential winnings on a single, accumulator, lucky 15 or any other type of bet. Claim Offer. Dead Heat. Launch Bet Calculator in a Pop-up. Bet Calculator. Sign up to bet Click to View Bonus Code Details.
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