Double Bet Calculator – Find the Best Way to Calculate Your Double Bets!
T&Cs apply | Wagering and T&Cs apply | Commercial content | New Customers Only | 18+
Use our Double Bet Calculator below to calculate the return on your wager. Take some time to explore it, it is quite a useful tool you can count on.
Double Bet Calculator
Enter Bet Details
EACH WAY
Number of Selections
Odds Format
Add Selection Notes
| # | Outcome | Odds | Place Odds | Rule 4 |
|---|
Summary (Updated Automatically)
Stake Type
Stake
Total Outlay
Total Return
Total Profit
Best Bonus Codes in the UK
Below, we prepared a list of the best bonus codes, based on our experts' opinion. The table is being regularly updated with UK betting sites which caught our attention with such features, as competitive betting odds, betting promotions and low min deposit required:
| UK Betting Sites | Description | Bonus Codes |
|---|---|---|
| Huge range of sports and markets | ||
New Customers only. Up to £100* in Bet Credits. Sign up, deposit £5* or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply. The bonus code 365BETMAX can be used during registration, but does not change the offer amount in any way. | ||
888Sport Promo Code | Bet £10, Get £30 in Free Bets + £10 Casino Bonus | |
New customers only • Min deposit £10 • A qualifying bet is a 'real money' stake of at least £10 • Min odds 1/2 (1.5) • Free Bets credited upon qualifying bet settlement and expires after 7 days • Free Bet stakes not included in returns • Deposit balance is available for withdrawal at any time • Withdrawal restrictions & full T&Cs apply. | ||
SportNation Promo Code | Get £50 in Free Bets | |
New customers only. Place the 5 specified bets to earn Free Bets. Each leg must have minimum odds of 1.8 (4/5). Applies to bets on sport only. Valid once per customer. Free Bet valid for 7 days. Free Bet max winnings is 20x Free Bet stake. Offer valid for 30 days after registration with SportNation. | ||
QuinnBet Promo Code | Bet £10 Get £5 + 50% Cashback on first day Sportsbook losses up to £25 + 50 Free Spins on Grand Spinn | |
18+. Only new UK customers. To receive the No Deposit Free Bet, you must enter the coupon code BET in the coupon tab at registration and have your account details fully verified. To activate your Sportsbook 50% Back as a Free Bet up to £25, deposit and bet on any Sportsbook markets of your choice at odds of evens (2.00) or greater. Winnings from No Deposit Offers do not count towards qualifying losses. At least 3 bets (on different selections) must be placed to qualify for 50% back, 2 of which must be 50% in value of the largest bet you place. Customers who deposit using Neteller/Skrill do not qualify for this offer. T&Cs apply. begambleaware | ||
What is a Double Bet Calculator?
A double bet is a popular multiple bet that consists of two selections. To be able to get a profit from this type of bet, both selections must win. There is a drill involved, though. The first selection must win. Then, your returns from that selection are used as a stake for the second selection.
To work out your winnings from a double bet, you can use a double bet calculator. This refers to a handy tool that may sometimes be provided by the operators themselves.
How to Use the Double Bet Calculator
In a nutshell, the calculator enables you to calculate not only your profit but also the stake and return. To use a double betting calculator simply follow these steps, after determining which software to use:
- Enter your bet options (unit stake, number of selections, etc.).
- Check whether it is an each-way bet type or not.
- Select the outcome (winner, dead heat, lost, non-runner).
- Enter the odds provided to you.
- Choose the appropriate Rule 4 option (apples to horse racing bets only).
- Enter your stake amount.
- Hit Calculate Bet.
Advanced Double Bet Calculator Functions
A double betting calculator provides much more functions than just calculating the returns from a double bet. Among the most noteworthy ones are:
Different Odds Formats
This functionality allows punters to choose between fractions and decimal odds format. This enables them to understand their wager and its particularities more easily. You can also find an odds converter in case you want to learn more about betting odds.
Each-way Betting
A wager that is made up of a Win bet and a Place bet is an each-way bet. It is a favourite type of bet used in horse races, where the Win part refers to the horse finishing first. As for the Place part of the bet, it simply means that a horse will finish in a top position (not necessarily first).
Punters use each-way bets as a means to secure their wagers, in case the selected horse comes 2nd or 3rd. some operators, though, give bettors the option for a Place bet to win should a horse finished 4th, 5th or even 6th or 7th! This clearly increases the earning potential of a bettor if their favourite horse does not take the gold.
Rule 4
This is yet another horse racing-specific deduction rule that covers the situation when a horse is withdrawn from a race shortly before the race begins. Then, the odds on the remaining horses change. So, if you are being offered, say, 10/1 odds for your favourite horse to win, this could go down to 9/2 after a non-runner is declared.
This reduced your winnings. It is critical to know exactly how much. That is the primary function of Rule 4 does.
Why Use the Double Bet Calculator?
Use the handy tool if you want easy and quick results or wish to compare odds prices effectively. You may also see the returns and the profit you could make from a winning double bet.
Double Bet Calculator comes useful especially during placing sports bet on events, such as English Premier League, Grand National or World Cup betting. Remember to take a look at betting promotions:
Coral Promo Code
Betfair Promo Code
Ladbrokes Promo Code
Betfred Promo Code
Other Bet Calculators
There are several bet types and calculators to use. For a detailed list of the available options, check out this article. It gives an in-depth overview of our best calculators for your reference. Also, we recommend learning more about the accumulator betting option. You can find more info by clicking on this beginners guide.
