The Freebets.UK Betting Calculator
Welcome to the Freebets.UK betting calculator, a great time-saving tool that can help ensure that you’re always getting the best value available whenever you place your bets.
Whether you’re placing an accumulator, an each-way bet or something more complicated, a betting calculator is the best way to give you accurate details as to the potential returns or, post-results, a quick and easy way to check as how much you’ve won.
How to use the Betting Calculator
Using a betting calculator is very straightforward and is basically not much different from placing a bet with an online bookmaker.
All you have to do is enter the type of bet you have placed (e.g. Yankee), the odds of all your chosen selections, your stake and the result you are backing (e.g. win or place). Hit ‘Calculate Bet’ and you potential returns will be instantaneously calculated.
Not only will a betting calculator save you precious time and help you find which online bookmaker you should use to place your bets for the best odds, but it will be far more reliable than having to work out the returns yourself with pen and paper.
Why use the Betting Calculator
Most of us can work out our potential winnings when making a simple single bet. Stick £10 on a 2/1 shot and few of us would have a problem calculating our returns should our bet prevail.
With other bets it can be far more complicated though and when it comes to accumulators, system bets and hedging, a little help with the maths can be very handy and help avoid any unnecessary mistakes.
A betting calculator is also pretty useful when it comes to hedging any bets or general trading, where the need to work out exact stakes for specific returns is crucial.
Football Betting Calculator
Many punters enjoy an accumulator on the football, especially when there’s a full programme of matches to choose from. The more legs you include the more lucrative it could be but, however many games you include, you should still search out the best available odds for your bet.
Let’s look at a couple of theoretical examples.
You’ve staked £10 on a 4-match accumulator at the following odds:
- 17/20 (1.85)
- 21/20 (2.05)
- 9/10 (1.90)
- 6/5 (2.20)
Should all your selections win, you would be looking at a potential return of £158.53 (including having your stake refunded).
However, had those odds been available elsewhere at:
- 9/10 (1.90)
- Evens (2.00)
- 19/20 (1.95)
- 13/10 (2.30)
Then you would be looking at a potential return of £170.43, or an extra £11.90.
The results can be even more varied when betting at bigger odds, for example with a first goalscorer or pre-season bet on the four English League winners. Let’s say you had a couple of quid on teams at the following odds to win each of the divisions in an accumulator:
- 4/1 (5.00)
- 11/1 (12.00)
- 22/1 (23.00)
- 14/1 (15.00)
If they all romped home, that £2 stake would pay out a hefty £41,400 (including your initial stake)!
However, had you backed those same teams at these slightly different prices:
- 15/4 (4.75)
- 10/1 (11.00)
- 25/1 (26.00)
- 16/1 (17.00)
Then you would have pocketed £46,189 instead. That’s a difference of £4,789, just from ensuring that you take the best prices. That’s where just a couple of minutes checking with a betting calculator can prove to be hugely rewarding.
Horse Racing Betting Calculator
Betting calculators and horse racing were made for each other, with the variety of combination bets in horse racing making it imperative that you are able to calculate the best odds for your bets.
Whether it’s a fairly straightforward each-way bet or something more complex, such as a Goliath. A Goliath bet consists of 247 bets comprising of 8 selections in different events, made up of 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and an accumulator.
A minimum of 2 of your selections must be successful to get a return, a betting calculator will do all the hard work for you – all you have to do is concentrate on picking the winners!
Each-way Betting Calculator
It’s not easy to quickly calculate the potential winnings when placing an each-way bet. It’s a bet most typically associated with horse racing of course, but the problem is that the each-way terms will vary depending on how many runners there are in any given race.
For example, an each-way bet in a horse race consisting of between 5 and 7 runners will see a return on a horse that finishes first or second at a quarter of the odds for the place.
You will get paid out if your horse finishes 1st, 2nd or 3rd in races of between 8 and 15 runners (at one fifth the odds), while handicap races consisting of 16 or more runners will pay out on the first four past the post at quarter odds for the place.
The fraction of the win odds that are paid for the place part of the bet is key, with them typically being available at 1/4 or 1/5.
Put all the details of your each-way bet into the Freebets.uk betting calculator and we’ll instantaneously provide you with the potential returns you could win.