For example, are you planning to keep it simple with a single bet on one race? Or, alternatively, are you looking to take a chance on a larger gamble with an accumulator? Thankfully, that is where online odds calculators come into their own. 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 risk of course, is if one selection fails then the entire bets does. If you are a not a punter who likes throwing out big stakes then for as little a 20p stake you can gather up a handful of selections and go for a big profit.
The more selections that you throw into an accumulator then the higher the risk become, but the bigger the return could be. A lot of beginner punters like having a crack at an accumulator because of this, because from a small stake you could win big and most will play them for a bit of fun. Here are some example of full cover bets, like the Trixie which we explained above. There are different types of multiple bets, full coverage and just multiples. Another aspect of how a multiple bet works is not having legs of a multiple being directly related.
These wagers are related to each other related contingencies and this is because if Messi were to score first, Barcelona would be more likely to win So whether your build your multiples as a coverage bet or just go all in on a big accumulator, multiples betting is at the higher risk end of betting because in a way you are lessening your chances of winning with each added selection in the wager.
While putting money on a horse winning a race may sound like a relatively straightforward matter, there is a wide range of bets available. For example, are you planning to keep it simple with a single bet on one race? Or, alternatively, are you looking to take a chance on a larger gamble with an accumulator? Thankfully, that is where online odds calculators come into their own.
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. The Number of Selections value is automatically updated when you switch between different bet types, if the current value is less than the minimum required for the type of bet. The number of selections can be increased in order to create perms or, in the case of Accumulators, to simply extend the size of the Accumulator.
The Accumulator Fold Size is automatically updated to reflect changes to the Number of Selections , but you can perm Accumulators simply by reducing this value to the required fold size. For example, to perm 4-Folds from 6 selections, set the Number of Selections to 6, and then change the Accumulator Fold Size to 4.
Most bookmakers add a bonus to certain bet types when a particular criterion is met, such as all winners , but there are often conditions attached. Some bookmakers will apply bonuses to bets containing selections involved in other sports, but they may restrict them to certain markets. Other conditions may also apply, such as minimum odds for each selection, or a minimum unit stake.
Since there are a number of conditions that dictate whether a particular bet qualifies for a bonus, the Include Bonus option makes it easier for you to include, or exclude, the bonus settings from your calculations. This can be done on a bet by bet basis, without needing to alter individual bonus settings, which are otherwise normally fixed for a particular bookmaker. Simply click the button with the relevant selection number to display a panel containing the less frequently used Rule 4 , Dead Heat and Joint Favourite options.
For example, if a selection has lost, then Win Odds is not relevant, so that option is removed from the form. Win Odds can be entered in either Fraction , Decimal or American format, in accordance with the current odds format that can be changed via the Settings. Total - the number of participants finishing in the same position.
In the event of a double dead heat you should enter 2, and in the unlikely event of a triple dead heat you should enter 3. Places - the number of places being offered by your bookmaker for the event in which your selection is taking part.
Position - the finishing position for the dead heat. If the dead heat is for first then you should enter 1, if the dead heat is for second then you should enter 2, etc. Total - the number of joint favourites, more accurately termed co-favourites if there are more than two. Winners - the number of favourites that won the race. This will normally be 1, since a value of 0 would indicate that your selection did not win.
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