Single Bet Calculator
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A bet calculator is a betting tool which is often provided free on a bookmaker website but there are also some subscription services that include a bet calculator. The tool covers many bets and includes a Single Bet calculator.
Single Bet Calculator
Enter Bet Details
Number of Selections
Add Selection Notes
|#||Outcome||Odds||Place Odds||Rule 4|
Summary (Updated Automatically)
What is a Single Bet Calculator?
The Single Bet calculator is a betting tool that works out the return and profit from single bets. The tool also covers multiple and system bets but the most basic function is the single betting calculator. Most online bookmakers allow users access to a bet calculator and the range of bets includes a win and each-way singles. The tool also has a number of other functions.
How to use the Single Bet Calculator
Here is a step-by-step guide to using the basic functions of this calculator:
- Visit the bet calculator on a bookmaker website or betting tools service
- Select the bet type which in this case is a Single
- Specify the odds format: fractional or decimal
- Enter the stake
- Tick the conditions: each way, Rule 4, dead heat
- Enter the odds
- Enter the result: win, place or lose
- Click calculate to display the returns and profit
More selections are added for bets that are not singles.
Advanced Single Bet Calculator Functions
Ever bet calculator has functions that can deal with special circumstances that affect the single bet calculation. Here are some advanced functions available with a bet calculation tool:
Each way bets are subject to place terms depending on the type of race and number of runners. Bets are settled for 2 to 4 places and at one quarter and one fifth the odds. The place terms are entered into the bet calculator and the calculation will produce results based on these terms.
When a horse is withdrawn near the start of the race, bookmakers may not have time to create a new market. Deductions are made on a sliding scale based on the price of the withdrawn horse. Rule 4 Deductions percentage is entered into the calculation tool to deal with these circumstances.
One or more horse may dead heat in a race. Bet settlement changes based on the number of the horse involved in a dead heat when they cannot be separated at the finishing line. The number of the horse is entered into the bet calculation tool which produces the results accordingly.
Why use the Single Bet Calculator
The single bet calculator produces accurate returns and profit s for single bets. The tool has functions which deal with circumstances like each-way bets, R4 Deductions and dead heats. The tool is quick and accurate as long as the correct information is entered in the right fields.
Other Bet Calculators
Bet calculators can be used to work out the returns from doubles, trebles, accumulators and system bets. The main bet calculation page provides an overview of the bets that can be calculated using the bet calculation tool.