How To Calculate Multiple Bets

1. How To Calculate Multiple Shares
2. How To Calculate Multiple Betsy

1. Find below some useful betting charts and tables showing the number of selections for various permutations. Also shown are the numbers of bets for some of the well know bet types offered and promoted by bookmakers like Lucky 15, 31, 63, yankee, canadian, heinz, goliath.
2. The basic principle of calculating football multiple winnings is to multiply your initial stake by the odds for each bet in turn. For example, let’s say you placed £5 on a fourfold multiple on the following Premier League matches with Mr Green: Leicester City to beat Hull at 1.5 Arsenal to beat Swansea at 1.4.
3. How to Calculate the Cost of Different Types of Horse Racing Bet. When wagering online, you will always use the program number assigned for each horse. If you see a #1 and # 1A, you get both of these horses for the price of one. This is called “an entry.”.

Your potential parlay payout is easiest to calculate using decimal odds. Just multiply the odds of each selection together, then multiply that by your wager. Say you liked Golden State at 1.32, San Antonio at 1.66, and Minnesota at 2.20 and were willing to wager $50, your potential payout would be: (1.32 x 1.66 x 2.20) x $50 = $241. Use the Accumulator return calculator to work out your winnings online for all sports. Free, easy to use and mobile friendly bet calculator.

Discovering how much money you stand to win on a bet can be difficult sometimes; while understanding that a 7/1 winner will return you £70 in winnings for a £10 stake is relatively easy, what happens if you’ve backed a horse £7 each way at 18/11?

Use this simple betting calculator below to work out your bet returns:

How to use the Simple Betting Calculator

Bets also get more complex when you start involving more selections, such as in Doubles, Trebles, Trixies, Patent’s and many more. What you need to remove any doubt about how much you stand to win, or are going to wager, is a simple and reliable betting calculator.

Here’s how to use it:

Step One: The Stake, Each Way and Bet Selection List

The first step of the process is to enter the basic parameters of your bet in the boxes at the top of the page.

– Stake: In this box you simply enter how much you want to bet as your Unit stake (how much it will cost you to make one bet).

– Each Way: If you want your bet to be an each way bet then tick this box.

– Bet Selection List: The final box is the drop down list of available bets. Here you have a list of twelve of the most popular bets you can make. Single, Double, Treble, Accumulator, Trixie, Patent, Yankee, Canadian, Heinz, Super Heinz, Lucky 15, Lucky 31 and Lucky 63. Simply pick which bet it is you are making from the box below and the calculator will do the rest.

Step Two: Entering the Bet Details

The next stage of the process is to enter the details of your bet and you can enter your odds in one of two formats, either as a fraction (such as 11/2) or as a decimal (3.5).

For a fractional bet enter the first number of the odds (the numerator) in the first box and the second (the denominator) in the second.

For decimal odds, simply enter the decimal odds stated for your selection in the box provided.

If you are making multiple selections in a calculation, you must use the same format odds for the calculator to work, so you cannot have a mixture of decimal and fractional odds in one calculation.

After you have entered the odds details, you can then edit the odds that each way bets are paid out.

Most often, each way bets are paid out at ¼ odds, but occasionally bookmakers may offer slightly better odds on races and this can be reflected by altering the each way price.

Of course, you don’t need to alter the each way price if you are not making an each way bet.

The final tick box, labelled 1st, is simply to indicate whether an each way bet selection finished 1st in the race. If it did, then you indicate it here by ticking the box. If it finished in the places, then you leave this box unticked.

Once you have entered the above details, click the blue Calculate button and your bet will be calculated.

Step Three: The Results

The results of the calculation are clearly displayed at the bottom of the calculator. It shows how much the bet cost you (Outlay), how much your winning bet returned in total (Returns) and how much of those returns were net profit (Profit).

Profit is calculated by subtracting your initial bet, from your returns.

– Outlay: One important thing to note about the Calculator and the Outlay box is that if you are placing a bet that contains more than one selection (such as an Each Way bet, a Patent, Trixie, Heinz, Super Heinz, Yankee, Canadian or similar) then the Outlay box will identify how much your bet will cost in total.

Remember, because these types of bets are actual multiple bets all rolled into one, to place these bet will cost the number of bets made, times your stake.

For example, in an each way bet, this is actually two bets, one for your selection to win, and one for it to be placed. As such, an each way bet is 2 x your unit stake. So if you put your stake as £10, a £10 each way bet would actually cost £20.

Things get more complicated with bets with many selections (such as Yankees, Patents and similar) where there can be upwards of 10,20 or even 50 individual bets running on the one wager.

It is a good idea to check the Outlay box therefore if you are going to use the calculator to place these types of bets in particular as they will give you a clear indication of how much they will cost.

For example a £1 Canadian bet would cost £26 to place as it is 26 different bets.

How to Work Out Your Bets Quickley Either Manually or By Calculator - Doubles ,Trebles,Lucky 15s,and Other Multiple Bets.

This article will explain how to work out your doubles,trebles and Yankees etc. - by calculator or manually by fractions.

Firstly,I will assume you have read our article How to Work Out Single Bets

If you have not then you may not understand the following instructions - please read how to get the odds for singles,which you will need before proceeding.

Calculate a Straight Double Bet.

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Same principle as doing singles,but one further step.

All bets shown for £1 for simplicity,and it does not matter how much you have staked,just multiply by amount,also currency does not matter,the procedure is just the same.

Some confusion from readers emails - to confirm most bets below are calculated to £1 for simplicity.

All you need to do is multiply that figure(for a £,or any currency)by the unit you have.

So,if your bet is for £5 multiply by 5,if bet is for 50p you multiply by.5,if you bet in 10p you multiply by .10,maybe you bet in just 5p,then multiply by .05.

Lets do 13/8 and 9/4.

We know from single bets page that 13/8 is now 21/8 and 9/4 is 13/4

Calculator - Just multiple them out !

21/8(21 divided by 8)multiplied by 13/4(13 divided by 4) = £8.53

Bet £5 ? - just multiply answer by 5.

Manually - 13/8 is half + half + quarter,and 9/4 is one + one + quarter.

So,1.00 + 1.00 + .50 + .12 = £2.63 + 2.63 + 2.63 + .64 = £8.53.

Lets do 6/4 and 8/11

Calculator = 10/4 times 19/11 = £4.32.

Manually = 1.00 + 1.00 + .50 = £2.50 + 1.67 + .15 = £4.32.

Calculate Straight Treble.

Exactly the same as double,just one step further.

Lets do 9/4,11/4 and 4/7

Calculator = 13/4 times 15/4 times 11/7 = £19.15.

Manually = 1.00 + 1.00 + 1.00 + .25 = £3.25 + £9.75 minus .82 = £12.18 + 6.09 + .87 = £19.14(calculator is the more accurate in this instance).

Calculate Multiple Doubles,Trebles and Yankees

Its getting a bit harder now,but quite simple really.

Remember this covers doubles,trebles and yankees - if you also have singles in bets like the Lucky 15 bets see Full Cover Bets below.

Lets do 3 doubles and a treble on 3 winners - 4/1 7/4 and 13/8

Calculator - IMPORTANT - to calculate multiple bets you need to adjust the prices you use.

They have to be boosted by 2 points - by that i mean 4/1 now becomes 6,7/4 becomes 15/4,and 13/8 becomes 29/8.

So,now the above bet becomes 6 times 15/4 times 29/8.

Just multiply out = £81.56

BUT,that is not the amount you have won - this includes your singles.

So,you win £81.56 minus 5.00,2.75 and 2.62(notice you now revert to the original prices not the boosted prices you feed into calculator) = £71.19.

Still not quite there as you still need to deduct 1 from that total to get your true winnings which is £70.19.

How To Calculate Multiple Shares

Manually - same bet - 4/1 , 7/4, 13/8 - doubles,trebles,no singles.

Doing multiple bets manually does not need any adjustment to prices.

Use a block to work out.

Add up the doubles and trebles columns = £70.19

As you can see with block above,all parts of bets can be clearly seen.

Just list prices in column 1.

Calculate singles and put in column 2

Calculate all doubles by working downwards,so 5.00 will be placed onto 7/4,and 7.75 will be placed on 13/8 - those are all doubles.

Working down,just place all doubles on to trebles column - in this case just one amount - 13.75 onto 13/8.

You can shorten this slightly by using THE CRASH BLOCK - but will show that later when doing full cover bets - that is bets that have singles,and doubles etc fully covered.

Lets do a Yankee this time - again no singles.

7/4, 2/1, 4/9 6/4

Calculator - 15/4 times 4 times 22/9 times 14/4

minus 2.75, 3, 1.44, 2.5 and again remember to deduct 1 for accurate winnings.

Winnings = £117.64.(results all to £1 ,just multiply by your stake bet)

Manual - same as 3 doubles and trebles in block - just an extra column for accumulator.

Something to bear in mind here - always put on top prices that work out exactly like 2/1 which is 3 or 7/4 which is 2.75 rather than 13/8 which makes you go to 3 decimal places as odds to a pound is 2.625.

The distortion for winnings will be tiny if these prices are at bottom of table,but will throw out big discrepency if put on top.

Just add the doubles,trebles and accumulator columns for your winnings - £117.64.

As you can see,all your returns are clearly shown for each part of bet,and doing this block is actually quicker than calculator if you have just done say,trebles within 5 winners.

Full Cover Bets - Bets that Include Singles.

This section will be exactly the same as Yankees etc.but will also include single bets that are to included in Lucky 15,Lucky 31 bets and similar.

Lets start with just 2 selections - full cover.

15/8 and 11/8 - one double and 2 singles.

calculator - Easy,double those prices again as in bets above,multiply - again remember to deduct 1 at end.

So,31/8 times 27/8 minus 1 = £12.08.

Manually - No need to actually create block just prices.

Total singles and double = £12.08.

Lucky 15,or Yankee Full Cover - Includes Singles.

This is how you do Lucky 15 bets,Lucky 31 Bets,Yankees with singles - no matter how many bets involves.

Lets do a Lucky 15 - 4 winners full cover.

3/1 7/2 13/8 and 7/4

calculator - 5 times 11/2 times 29/8 times 15/4 minus 1 = £372.83.

Manually - WE CAN NOW USE THE CRASH BLOCK - ITS QUICKER THAN NORMAL BLOCK

Instead of doing doubles,trebles,etc separately,just crash it all into one column - everything above a price is put onto those odds in one action.

Add them up and you get £372.83

No matter how many winners - just add more columns,and crash for full cover bets and use full table if you just want trebles or maybe doubles - no need to do full table,stop at doubles or trebles or whatever information you want.

Each Way Bets,Rule 4 Deductions,Dead Heats in Multiple and Full Cover Bets.

Exactly the same procedure as given above,although the numbers involved will obviously be more complicated - example

7/4 (quarter) 8/11 (fifth) 4/1 (quarter) and 13/8 (fifth )

Will be 7/16 8/55 evens 13/40 - see How to Work Out Single Bets for full explanation if you need to know how to get those new place odds for dead heats,and rule 4 deductions..

Awkward figures but follow exactly the same procedures as explained above.

The above article refers to multiple bets - visit How to Work Out Single Bets for explanation of how to calculate singles manually and with a calculator.

How To Calculate Multiple Betsy

By Pendil at SAFE BOOKMAKERS SITES.©This article can be reproduced by anyone,so long as article is reproduced full and intact with all links unchanged.End of article.