Instant Results: The calculator will display your potential returns instantly.

Win/Place Outcome: Select 'Win,' 'Lose,' or 'Void/NR' based on the bet's result.

Place Odds: Specify place terms, considering the number of places offered.

Input Odds: Enter the odds for your chosen event or horse.

Rule 4 (Optional): If needed, check the 'Rule 4' box to account for deductions due to horse withdrawals.

Enter Your Stake: Input the amount you want to bet in the 'Stake' field.

Odds Type Selection: Start by choosing your odds format, including Decimal or Fractional.

How to Use Betmentor’s Bet Calculator?įollow these simple steps to get started and maximize your chances of winning: It's particularly useful for assessing the risk and reward of these bets, especially when dealing with different odds, each way fractions, and numbers of places. The betting odds calculator provides you with a clear breakdown of your potential returns and helps you make an informed decision about your each way bet. It calculates the potential profit or loss by subtracting the total stake (the sum of the win and place stakes) from the total return. It calculates the total return, which is the sum of the win return and place return.Ĥ.

It calculates the overall place return by adding the place part of the return to the original stake (which is returned in the place bet as well).ģ.

It determines the place portion of the original odds (e.g., 1/4 of the original odds) and multiplies it by the stake to get the place part of the return.

It calculates the potential return for the 'place' part of the bet.

This is simply the stake multiplied by the win odds.Ģ. It calculates the potential return for the 'win' part of the bet. Once you have entered all these details, the each-way betting odds calculator will instantly calculate:ġ. How Does an Each Way Bet Calculator Work?Īn each way bet calculator works by taking the key parameters of your bet, including the stake, odds, number of places, and each way fraction, and then uses this information to calculate your potential returns and payouts for both the 'win' and 'place' parts of the bet. They are especially useful when dealing with more complex bets with multiple selections and various each way fractions. Betmentor's each way calculators make it easier for bettors to understand their potential returns and make informed betting decisions.

Sports bet odds calculator