Betting Calculators and The Best Sites to Find Them

Punters who are a bit more seasoned than the casual bettor often employ the tools of online betting calculators in order to find out in advance how much money they should expect if they make the right prediction. Bet calculators range from simple to complex, but what they have in common is that all types of calculators employ basic mathematical principles in a completely automated process. Here, you will learn everything you wish to know about sports betting calculators, where to find them, and how they can help you!

What Are They Generally Used For?

After inputting the preferred parameters within the calculator, it will automatically display a total outlay (a number calculated based on the number of bets and their value), the total return money, and the total profit. The aceodds.com calculator is considered to be one of the best ones online because It can process more than 25 different bet types! Additionally, the calculator can process five different market outcomes in three odd formats.

Bet Calculators With “Rule 4”

Rule 4 is a special protocol that is applied by sportsbooks in horse racing markets. That protocol reduces the odds for all other horses if a horse has been taken out of the draft prior to the start of the race. This is done because once a participating horse is taken out, the theoretical percentage for winning for the remaining horses will be increased, which is why the odds will need to be re-adjusted. Aceodds.com provides one of the best calculators that not only feature an almost complete variety of wager types but also includes the “Rule 4” function, allowing punters to get much better results.

Almost Every Calculator Has a Lucky 15 Preset

Lucky 15 is a special multi bet that consists of different selections in individual events. The lucky 15 bet itself consists of 1 fourfold bet, four treble wagers, six double bets, and four single bets. Due to this special selection being highly known, you can calculate a lucky 15 in almost every sportsbook calculator offered out there.

Some Sportsbook Brands Offer Their Own Calculators

Paddy Power is one of the sportsbooks that offer a good betting calculator of their own, at betcalculator.paddypower.com. In function, it is the same as others, but it does feature an easy-to-understand interface. The Paddy Power calculator can process 21 different bet types, in fractional and decimal types. Additional conditions include Rule 4, Each Way, and Dead Heat. The calculator doesn’t require any type of registration or logging into the Paddy Power sportsbook website.

Less Complicated Bets Have Simple Calculators

Actionnetwork.com offers one of the simplest betting calculators available online. It can process two types of bets – singles and parlay. The featured odd formats are American, Fractional, Decimal, and Implied. This simple calculator displays the total won amount and pure profit. Compared to others described in this article, the “actionwork” one is ideal for casual punters who don’t like seeing too much information on their screen.

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There Are Many Benefits to Using Them

There are two major benefits to utilizing all those bet calculation tools. The first one is time – although everyone with basic knowledge of math can process all the necessary equations, it will take only a few moments for a punter to input a few numbers and have the results appear before him. Another important benefit is the validity of the results – because calculators are programmed for “perfect results,” they won’t make a mistake with any of the values you input. Most of them are freely available to the public online and are pretty fun to use – try them for yourself!

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