What does Handicap Away How to deal professionally with Handicap Away How to understand Double Chance betting? Are there any effective tips to benefit from Double Chance gambling? What is Away Under 13 in betting? How to deal professionally with and benefit from Away Under 13 betting? What competitor is called a winery? Who is a winner in sport? Which sportsman or team falls under the definition of What is Maiden in horse racing?
What horse races are Maiden? Maiden is a race of horses that never won before. What is lost in betting shops? How to understand loss in bets? What does lost and loss mean in English? Both the What is rounder? What type of bet is called rounder?
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. While the use of decimals may seem very simple in that respect, it is worth bearing in mind that the concept offers up one fundamental difference in comparison to the use of fractional odds.
When it comes to decimal odds, your stake is always factored into the return that you calculate but this is not the case when following the fraction method. As such, the fraction allows you to work out your winnings, but you will also need to factor in that your stake will also be returned to you as well.
It goes without saying that a huge number of people across the globe love betting on horse racing with bookmakers like Betfair and Paddy Power , whether they are attending race meetings in person, following the action on TV, or online via streaming services.
You can also have a look at our odds converter! American odds, also known as money line odds, indicate return relative to a hundred unit base figure. When calculating American odds for minus odds wagers, you are calculating the odds for favorites, which returns less than even money in profits. To calculate the profit for an American minus odds you may use the formula:. When using an American odds bet calculator, you will only be required to know your stake and odds, the calculator will do the rest.
Decimal odds are very popular across the globe with most online sportsbooks using decimal odds as their default. At most online sportsbooks like BetRivers or bet , you can switch to this format if you prefer. If the Lakers were getting 2. Calculating the potential earnings for decimal odds is very simple.
You simply multiply your stake by the odds and then subtract your stake. An odds calculator will automatically work out the odds of all the wagers combined and give potential winnings for parlay bets in seconds. Fractional odds are popular in the European region, especially amongst horse racing bettors in the UK and sometimes for Daytona betting. With fractional odds, you are given the profit in proportion to the stake.
The way a betting odds calculator calculates the profits for a fractional odds bet is by dividing your stake by the denominator and then multiply the stake by the numerator:. With this online betting odds calculator, you simply enter your stake and the lines for the bet you made to see your expected profit if you win. Gambling Problem? Call Gambler. William Hill. Betfred Sports. Fox Bet. Barstool Sportsbook. BetMGM Casino. Hollywood Casino. Hard Rock Casino. Return The money you get back if you win.
To Win The profit you make if you win. Save App to Phone. Super Bowl Special Offer. To calculate implied probability, use the following formulas:. As a responsible bettor, it is important to understand proper bankroll management. Your payout includes your potential winnings, plus whatever you bet originally. Sports Betting. Best Books. Bet Amount. Bet Type Single Bet Parlay. American Odds.
Decimal Odds. Fractional Odds. Implied Odds.