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Free Bet Calculator – Work Out Your Returns

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.










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 place a bet on Liverpool beating Everton at odds of 2/1 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 with this example
  • Choose which kind of bet result you have gone for
  • The stake, return and profit will all automatically update at the bottom

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

# – This is an auto-populated field that refers to the number of the selection. It cannot be adjusted

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.

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