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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.

Bet Options

Reset All
YesNo
YesNo

Bet Odds

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Outcome

Odds

Place Odds

Rule 4

1

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Bet Totals

Total Stake

Total Return

Total Profit

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

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 Spurs to beat Liverpool 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
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New customers only. Free bets credited following registration. Must be wagered 1x at min odds of 1/2 (1.5). 7-day expiry. Stake not returned. Promotional terms apply. 18+. GambleAware.org

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.

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.