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Although the Free Bet Calculator is quick and easy to use, even for complex bets, contextual help is available via the information buttons.
New visitors may also find the detailed Betting Glossary and Help pages useful. The Number of Selections value is automatically updated when you switch between different bet types, if the current value is less than the minimum required for the type of bet.
The number of selections can be increased in order to create perms or, in the case of Accumulators, to simply extend the size of the Accumulator.
The Accumulator Fold Size is automatically updated to reflect changes to the Number of Selections , but you can perm Accumulators simply by reducing this value to the required fold size.
For example, to perm 4-Folds from 6 selections, set the Number of Selections to 6, and then change the Accumulator Fold Size to 4.
Most bookmakers add a bonus to certain bet types when a particular criterion is met, such as all winners , but there are often conditions attached.
Some bookmakers will apply bonuses to bets containing selections involved in other sports, but they may restrict them to certain markets.
Other conditions may also apply, such as minimum odds for each selection, or a minimum unit stake. Since there are a number of conditions that dictate whether a particular bet qualifies for a bonus, the Include Bonus option makes it easier for you to include, or exclude, the bonus settings from your calculations.
You can change the odds format and odds for each selection in addition to configuring each way bets and wagers affected by Rule 4 or dead heat scenarios.
Choose between Total Combined Stake and Stake per Bet options to calculate your total outlay and make sure you stay within your limit, and even view alternative bets that might offer better returns on your initial stake and selections.
Hover over the information buttons to see tips and help for each section of the AceOdds Bet Calculator and visit the AceOdds Betting Glossary for more detailed help with terms and bet types.
You can also convert odds to implied probability percentages, decimal, fractional or american by using the AceOdds Odds Converter. All bet types explained - Read about all the different kinds of bet, what they are comprised of and how they are calculated.
Explained in an easy to understand style with suitable examples where practical. What is an accumulator bet? What is a lucky 15 bet? These handy tools can make a huge difference to your betting activity, providing you with a full overview of the options available and ultimately helping you to place the bet — or combination of bets — that works best for you.
In this article, we are going to take a closer look at the concept of odds calculators, how they tend to work, and the key benefits that they can offer in terms of boosting your betting balance.
On the most basic level, odds calculators are designed to help you understand the implications of your bets and ultimately determine what returns you will receive if you are successful.
Such tools tend to operate in a standard format, with them first asking you to input the type of bet that you have made or are planning to make. This could be anything from a single to a Yankee to Super Heinz or an accumulator.
The calculator may also ask you to either enter the odds in the decimal or fraction format, but we will touch upon the key issues related to that further on in this article.
You will then repeat that process however many times is necessary — for example, if you have placed multiple bets — and then may also be able to add information related to Dead Heats or any situation when Rule 4 may have come into play.
One winner gives you a return, although some bookmakers offer bonuses for multiple winners. Again, one winner gives a return.
At least 2 of your selections must win for you to get a return. The first is a bet on your chosen horse to win. The second is a bet on your chosen horse to place.
Obviously a win means finishing first. A place means finishing either first, or in one of a number of places — typically 2 nd , 3 rd or 4 th.
Make sure you check the place terms before making your bet. The place terms for your bet include, the number of places the bookmaker will pay out on, and the fraction of the odds you will get if the horse does place.
A Rule 4 deduction occurs when the winnings of your bet are reduced due to another horse being withdrawn from the race after your bet has been placed.
The odds shown on any horse are based on all horses competing. If one backs out, the odds will change — even if you have already placed your bet.
Unfortunately, if this happens the odds are going to get shorter. So your potential winnings will go down. The amount you can expect to have deducted from your winnings due to a Rule 4 varies depending on what the odds of the withdrawn horse were at the time it was withdrawn.
The table below shows the deductions which will be taken from your winnings. Note that even if multiple horses withdraw, the deduction will not exceed 90p in the pound.
If one of these horses was yours. Your winnings will be reduced depending on the number of horses who have dead-heated. Bet Credits available for use upon settlement of bets to value of qualifying deposit.
Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Play safe.