How To Calculate Multiple Bets
Posted : admin On 4/9/2022Save / Share This Bet Slip
- The odds in the bet multiply for every additional leg you add to the multibet. There has to be a minimum of two legs in your bet to be classified as a multibet. The maximum number of legs in a multi is dependent on the bookmaker you are placing the bet with.
- 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.
- Use a bet calculator to work out the returns from any type of bet from singles to complex system and multiple bets. Calculations take into account the stake, odds and type of bet to calculate the return.
- Initially, multiples weren’t available on betting exchanges, you could only place this type of bet at the bookies. However, because of the popularity of multiple bets, BETDAQ led the way and became the first company to introduce multiples to exchange betting. Multiples are also available on Betfair. When you place a multiple bet on the.
Bet Calculator Our Bet Calculator allows you to automatically calculate the Payout for any given combination of Stake and Odds, including Multiples. Enter the Stake and Odds for your bet and the Bet Calculator will automatically calculate the Payout. Add Odds for Multiples.
What is an each way bet? - Learn about the each way bet and all its possible outcomes. This bet can generate a return even when your selection doesn't win outright. Discover how the returns are calculated and follow the detailed examples.
Double bet calculator - For an each way wager with 2 selections, use this calculator. Please be sure to manually select the Each Way option from the dropdown box. Both selections must at least place to gain a return.
Treble bet calculator - Combine 3 selections into an each way treble and calculate the returns with this calculator. Just choose the option from the drop down menu and enter your details. Note that all selections must finish in a placing position to achieve a return.
Accumulator bet calculator - Supports up to 20 selections in an each way accumulator. Choose your options and enter the odds for the returns to be calculated. Supports rule 4 deductions, dead heats, non runners, fold betting and more.
Each Way Bet Calculator FAQ
An Each Way bet is essentially split into 2 bets. The first part of the bet is a WIN bet on your selection, and the second is that they will PLACE, the place bet will vary per race or event, but it will generally be to finish in the top 4 or 5.
When you place an Each Way bet your stake is doubled; so a £5 Each Way bet would require a £10 stake. £5 will go on the win portion and £5 on the place portion.
The place portion of the bet will be represented using a fraction of the winning odds. So for instance, if the each way fraction is 1/5 and the winning odds are 10/1 and you place a £5 each way bet, then your win portion has potential returns of £55 (£50 + £5) and the place portion potential returns of £15 (£10 + £5). If your selection wins you will receive both these returns if they place then you will only receive the second returns for that portion of the bet.
The main advantage of an Each Way bet is that it increases your chance of a win. If the odds are long already then the potential returns if your selection places may still be attractive.
On the downside Each Way bets require a greater initial stake as your stake is essentially doubled and if your selection already has low odds then the returns may be significantly less attractive once you discount the win portion of your stake.
The Free Bet Calculator is the most advanced online sports bet calculator, allowing you to calculate the stake and profit for an extensive range of bets. All of the most popular bet types are supported, including Lucky 15, Single, Double, Accumulator, Patent and Round Robin, along with more specialised bets such as Alphabet, Magnificent 7, Union Jack, and the infamous Bookies Nightmare! Configurable bonuses and consolations can be applied to relevant bets, enabling the calculation of the full expected return.
Large Accumulators and perms consisting of up to 20 selections are possible, with full support for each way bets (including equally divided), and bets affected by Rule 4, dead heats and joint favourites.
As well as calculating the return on your winning bets, the bet calculator can be used before you place your bet, to quickly compare how the return may be affected by different outcomes for each selection. For example, can you still make a profit if only two of your Lucky 15 selections win?
If you’re not sure which bet type to pick you can Compare Bet Types. This is an especially powerful tool when used in conjunction with the Maximum Total Stake setting, to equalise the stakes and ensure you stay within your spending limit.
How To Calculate Multiple Regression
Although the Free Bet Calculator is quick and easy to use, even for complex bets, contextual help is available via the information buttons . New visitors may also find the detailed Betting Glossary and Help pages useful.