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Another common thing to see when using an odds payout calculator is an implied odds option. This means, the odds correlate to the probability of a certain team winning, or outcome happening. Using the example from before, a -140 favorite has roughly a 58.3% chance of winning, while a +120 underdog has a 45.4% chance of success. Figures in Handicaps are expressed as goals; therefore, if a team is offered at -1.5 to win the match, they have to win by one clear goal or more for a handicap bet to be successful. Alternatively, you can bet on the opposition winning at, say, +1.5. How to Bet on Sports for the Best Payout Odds. Calculator for Sports Odds. Use our odds calculator to easily convert American (a.k.a. Moneyline), Decimal, and fractional odds. You can also view corresponding odds by their implied probability of winning (expected win%), as well as calculate payouts for sports bets based on the amount wagered ($100.00 is used by default). How to use the calculator. To work out the return on any bet, simply enter the Odds and the Stake. For example, if you were betting £100 on a 9-4 chance, enter: Odds = 9 (to) 4, Stake = 100, then click 'Calculate' The Instant Bet Calculator will then show the return on a: Win only bet Winning each way bet (1/4 odds) Winning each way bet (1/4 odds). Take a look at the Win Bet Payout Table below to find out the minimum win bet payouts depending on the post time odds of a horse. Table includes $2, $5 and $10 win bet denominations along with post time odds ranging from from a 1/9 heavy favorite all the way to a 99/1 longshot.
Odds Payout Calculator
Each Way Bet Calculation
When placing an each way bet it's not always clear what your return is going to be. With an each way bet we are actually placing 2 seperate bets. 1 bet on the win and 1 bet on the place. Let's use a horse race as an example. If our horse wins we win both the win part and the place part. If the horse only places we lose the win part but win the place part.
Example
You backed Tiger Roll to win the Grand National, you placed a £5 each way bet at odds of 10/1. Bet responsibly. That means a total stake of £10, £5 on the win and £5 on the place.
The bookie is paying 6 places and the terms are 1/5. This means if the horse comes in positions 2-6 you will win the place part at one fifth of the odds of the bet.
Tiger Roll wins the national so both parts of our bet have won. You will be paid as follows.
Win: £5 at 10/1 pays £55 (£5 x 10 = £50 plus our £5 stake back)
Place: A fifth of 10/1 is 2/1 (10 divided by 5) so the place part of the bet is paid as £5 at 2/1 = £15 (£5 x 2 = £10 plus your £5 stake back).
Total Return: WIN + PLACE = £55 plus £15 = £70
If your horse finished in places 2nd to 6th then you just get the place returns of £15, while the win part of the bet would have lost.
Why Bet Each Way?
Another common thing to see when using an odds payout calculator is an implied odds option. This means, the odds correlate to the probability of a certain team winning, or outcome happening. Using the example from before, a -140 favorite has roughly a 58.3% chance of winning, while a +120 underdog has a 45.4% chance of success. Figures in Handicaps are expressed as goals; therefore, if a team is offered at -1.5 to win the match, they have to win by one clear goal or more for a handicap bet to be successful. Alternatively, you can bet on the opposition winning at, say, +1.5. How to Bet on Sports for the Best Payout Odds. Calculator for Sports Odds. Use our odds calculator to easily convert American (a.k.a. Moneyline), Decimal, and fractional odds. You can also view corresponding odds by their implied probability of winning (expected win%), as well as calculate payouts for sports bets based on the amount wagered ($100.00 is used by default). How to use the calculator. To work out the return on any bet, simply enter the Odds and the Stake. For example, if you were betting £100 on a 9-4 chance, enter: Odds = 9 (to) 4, Stake = 100, then click 'Calculate' The Instant Bet Calculator will then show the return on a: Win only bet Winning each way bet (1/4 odds) Winning each way bet (1/4 odds). Take a look at the Win Bet Payout Table below to find out the minimum win bet payouts depending on the post time odds of a horse. Table includes $2, $5 and $10 win bet denominations along with post time odds ranging from from a 1/9 heavy favorite all the way to a 99/1 longshot.
Odds Payout Calculator
Each Way Bet Calculation
When placing an each way bet it's not always clear what your return is going to be. With an each way bet we are actually placing 2 seperate bets. 1 bet on the win and 1 bet on the place. Let's use a horse race as an example. If our horse wins we win both the win part and the place part. If the horse only places we lose the win part but win the place part.
Example
You backed Tiger Roll to win the Grand National, you placed a £5 each way bet at odds of 10/1. Bet responsibly. That means a total stake of £10, £5 on the win and £5 on the place.
The bookie is paying 6 places and the terms are 1/5. This means if the horse comes in positions 2-6 you will win the place part at one fifth of the odds of the bet.
Tiger Roll wins the national so both parts of our bet have won. You will be paid as follows.
Win: £5 at 10/1 pays £55 (£5 x 10 = £50 plus our £5 stake back)
Place: A fifth of 10/1 is 2/1 (10 divided by 5) so the place part of the bet is paid as £5 at 2/1 = £15 (£5 x 2 = £10 plus your £5 stake back).
Total Return: WIN + PLACE = £55 plus £15 = £70
If your horse finished in places 2nd to 6th then you just get the place returns of £15, while the win part of the bet would have lost.
Why Bet Each Way?
1 To 5 Odds Payout Calculator 2020
Each way betting is a way to hedge your bets. Betting on the win alone is great but there's less chance of a return. We have a much greater chance of a return by betting each way because we get a payout if our horse places. If the odds are high enough then we can still make a profit even if the horse only places. Pa gambling problem commercial.
