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Betting Sites » Bet Calculator

Free Bet Calculator – Work Out Your Returns

Instantly calculate your potential winnings with our bet calculator. You can simulate your returns depending on the odds, the stake and the type of bet you make. All you need to do is enter your stake, odds and bet type to immediately see your total winnings and overall profit.

Bet Options

Reset All
YesNo
YesNo

Bet Odds

#

Outcome

Odds

Place Odds

Rule 4

1

/

Bet Totals

Total Stake

Total Return

Total Profit

-

-

-

There are lots of different types of betting calculators and we have pages on all of them, so check our selection at the bottom of this page, as we have you covered.

How To Use The Betting Calculator

When you enter your details into our free bet calculator, it will instantly state your potential winnings. The calculator is split into three main sections.

For example, if you wanted to back Everton to beat Arsenal in the Premier League at odds of 17/4 on one of the many best 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
Bet St George
Bet £20 Get £20 Free Bet
  • Plenty of daily patriotic English focused specials
  • Bet Builders available on all the biggest matches
T&Cs apply. 18+ New customers only. You must place a £20+ pre match single or multi bet. Min odds of 1/2 (1.50). Money back as £20 in free bets, 1 per account. Free bets credited by 12pm the day after your qualifying bet settles. Excludes specials, bet builders & cashed-out bets don’t count. Must use code B20G20afs when creating an account. GambleAware.org

Why Do You Need a Bet Calculator?

Whether you are a beginner or an experienced bettor, a bet calculator is an essential tool. You should use one when:

  • Large accas/bets: There are some bets which would take you ages to work out without a calculator, like the 15 individual bets in a Lucky 15 or the 11 bets in a Yankee. A bet calculator can work it our for you in seconds.
  • Each-Way Bets: The tool is also helpful when you need to calculate the ‘Win’ and ‘Place’ part of an each way bet.
  • When selections have become void: If a horse is withdrawn from a race or a football match is postponed, your potential payout is reduced based on the price of the non-runner. Our bet calculator will show you your adjusted return instantly.

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.

Betting 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.

Take the Guesswork Out of Your Betting

A bet calculator is more than just a post-match tool. It’s also essential for pre-bet planning. You can change your stakes and each-way terms to find the perfect balance of risk and reward.

Whether you are eyeing a massive Goliath bet or just a simple week treble, then we have you covered as our bet calculator gives you total clarity.

Make sure to bookmark this page and keep it to hand whenever you want to build your bet slips, run the numbers, and compare different bet types to help you make mathematically good decisions.

Other Calculators available at MyBettingSites

Bet Calculators FAQs

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 a bunch of UK betting sites where you can place your bet, with some of our favourites being bet365, Tote, Midnite and Sky Bet

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

In order to calculate your winnings on an each-way bet, you need to work out the returns for the win and place parts of the bet separately and then add them together. The total payout also depends on whether your selection wins outright or just places. For example, you will receive more winnings if your horse finishes first than if it places in second place.

There are multiple benefits of using a bet calculator. They are 100% accurate, they allow you to experiment with certain odds before having to place a bet, which helps you fully understand how much you could win or lose and they can help beginners learn more about betting.