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Betting Sites » Bet Calculator

Free Bet Calculator – Work Out Your Returns

Jacob Potter

Updated

A bet calculator allows you to simulate your potential earnings depending on the odds, the stake and the type of bet you make. You can enter every detail and the betting odds calculator will instantly state your winnings and profit. All bet types and odd formats are available.

BET CALCULATOR

Stake

Odds Format

Each Way

PLACE TERMS

Odds

Rule 4

Result

Total Stake
TotalReturn
Total Profit

If you’re looking for different types of betting calculators check our selection at the bottom of this page.

How To Use The Betting Calculator

Enter the details into our free bet calculator and it will instantly state your potential winnings. The calculator is split into three main sections.

For example, if you wanted to back Manchester United to beat Manchester City at odds of 4/1 on one of the many football betting sites, then you would need to follow these steps:

  • Enter how much you want to bet in the ‘stake’ box
  • Choose which odds format you require – fractional or decimal
  • Confirm if the bet is each way or not
  • Tick the box if it is a free bet bonus received. Your winning returns will be different if you are using a free bet
  • Enter the odds offered for your selection
  • The ‘Rule 4’ option refers to a horse racing regulation, so this would not be applicable to this example but can be used for bets on events such as Glorious Goodwood and with Cheltenham betting offers.
  • Choose which kind of bet result you have gone for
  • The stake, return and profit will all automatically update at the bottom
Betfred
£50 IN FREE BETS, WHEN YOU BET £10
  • Hugely attractive new customer welcome offer, offering £50 in bonuses
  • Popular Double Delight promo offers great value on goalscorer bets
Read Review Claim Here
New customers only. 18+. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. T&Cs apply.

Bet Options

Bet Types – The betting calculator supports over 15 bet types, including full cover bets – with or without singles.

Selections – The number of teams, individuals or horses etc that you want to bet on.

Stake – The amount of money you are placing on the bet.

Odds Format – Pick from fractions, decimal odds or American for how you want the odds to be represented.

Each Way – If you’re betting each way, turn this on. See our guide to each way bets for more information on how these bets work.

Rule 4 – If another horse in the race withdraws, your odds and winnings will probably be adjusted.

Bet Odds

Outcome – Specify how the selection fared. Pick from one of the following – winner, placed, dead heat, lost or void/ non-runner.

Dead Heat Outcome – If a photo is unable to determine the winner of a race you will win a proportion of your bet. Specify the number of places and the number of selections that tied.

Odds – Enter the odds that are provided for the outcome to occur.

Place Odds – If betting each way, enter the reduction applied to the odds for selections that place.

Rule 4 – If another horse in the race withdraws, enter the reduction made to the odds.

Bet Totals

Total Stake – The sum of all bets specified in the calculator

Total Return – The sum of the money that will be returned from the bookmaker

Total Profit – The sum of profit made from the bet

You can use this bet calculator or any of the following to calculate the eventual profits you could make when placing a bet on one of our selected best betting sites.

Other Calculators

FAQs about Bet Calculators

The way to calculate your earnings given your stake, the odds available and the bet type can vary enormously. It can become very complicated and doesn’t always just mean a simple single bet with a £10 stake. Bets can include more complex schemes like each way and rule 4. Using a bet calculator assures you accuracy and simplicity while dealing with all these complex variables.

When using the bet calculator and calculating the returns and profits you can make, take a look at our list of best UK bookmaker offers.

There are multiple factors and determine the returns from your bets: stake, odds and result. The bet calculator works everything out for you instantly.