Add the odds for each of your selections.Toggle the ‘each way’ and ‘rule 4’ buttons accordingly.Select which odds format you want to use.Follow these simple steps to get started: The best idea is to start at the top of the page and work your way down through each field. It’s incredibly simple to use the betting calculator to work out your winnings. With a bet calculator you can compare different outcomes of the different kinds of bets and how they may affect your profits before you even place your bet! Using the reliable Racing Post Bet Calculator will allow you to work out your returns for bets like Lucky 15, Doubles, Yankee, Accumulator and much more. So a stake of £1 would pay £4 profit, plus your stake back, which is a total return of £5.Ĭalculating your winnings from a single selection is fairly straight forward, however, when placing more complex bets or multiples it’s advised you use an odds calculator. The winnings you would receive from a bet is calculated by multiplying your stake by the odds. For example, if the odds are 4-1 this suggests there is a 1 in 5 chance of winning (4+1), or calculated as 1 / (4+1) = 0.2 which means there is a 20% chance of the outcome happening.
Betting odds are calculated by the probability of something happening.
