Patent Bet Calculator – Quickly Work Out Your Winnings
Patent Bet Calculator
Enter Bet Details
EACH WAY
Odds Format
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Summary (Updated Automatically)
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Total Outlay
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Total Profit
Use our Patent bet calculator to quickly and efficiently work out any potential winnings. It can be difficult and time-consuming to do so without this useful mobile-friendly tool.
How is a Patent Bet Calculated?
Enter the details of your Patent bet, and our calculator will instantly tell you how much your winnings will be on any betting site where you place the bet. There is also an option to make it an each way bet.
To calculate the winnings of a Patent bet, one must calculate the outcome of seven bets on three selections. A Patent bet consists of the following:
- 3 singles
- 3 doubles
- 1 treble
Our Patent Bets explained article provides a comprehensive guide and includes an infographic if you’re still unsure.
Example of How the Patent Bet Calculator Works
A patent bet consists of seven bets across three selections. It’s a good way of increasing potential returns on a smaller number of matches or events. Say you’re backing the following outcomes in these three matches:
- Match 1: Arsenal to beat Manchester United (odds of 6/4)
- Match 2: Chelsea to beat Fulham (odds of 1/2)
- Match 3: Manchester City to beat Burnley (odds of 2/5)
If you place a £10 patent bet (£70 total bet) and all three selections are right then you’ll win £200 with a profit of £130. However, say only two of your three matches come in and Fulham beat Chelsea in Match 2. The advantage of the patent bet shows through here as you’d still win £74 with a profit of £4.
FAQ – Frequently Asked Questions about the Patent Bet Calculator
How does a Patent Bet Calculator work?
Our patent bet calculator is a useful tool that lets players instantly evaluate if they can make a big profit from a bet. This tool is simple to use but very accurate which helps players make the best decisions when choosing the parameters of their bets.
What are the Advantages of Using the Patent Bet Calculator?
Using our Patent Bet Calculator has 2 main advantages:
- Quick and Easy: Our Patent bet calculator is easy to use and provides rapid and efficient results. There is no need to start over again each time you change a parameter which is very practical.
- Compare and Contrast: You can compare your winnings to evaluate the best selections available. This gives you more insight into your potential profits and losses.
On Which Sports Can I Place a Patent Bet?
The Patent bet is largely used in Horse Racing even though it’s available across all sports. It’s becoming more and more popular actually especially because you need only one winner from three selections to see a return for your money.
