Single Bet Calculator
A single bet is the most straightforward way to place a wager on an event, allowing you to place a bet on one selection. A single bet may be placed on a variety of outcomes. This betting option is often available for a team win, a player win, a horse winning a race, and so on.
If you opt for an each-way single bet, you may secure a profit even if the team or player you have backed does not win. To see what your potential return may be, you can use our detailed Single Bet Calculator. Below, we have also provided information on how our calculator works.
What is a Single Bet?
How Does Our Single Bet Calculator Work?
Take a look at the settings menu of our calculator, as it allows you to take advantage of additional options, such as adding notes to a selection or activating extra Each Way settings. As for the basic information you need for your single-bet calculations, you must choose whether you are calculating the odds on an each-way single bet or not.
Our calculator also allows you to estimate the return on multiple selections instead of entering the odds of each one separately. You can use our tool to calculate the return on up to 20 selections, but keep in mind that when the number of selections exceeds the required options for a single, double, or treble bet, your wager will be calculated as a perm (a combination of bets).
If you are calculating your single bet on a horse race and Rule 4 is in effect, you can also choose to compute the return with Rule 4 applied. If you opt to display the potential return with this rule in mind, you will need to select the value that is deducted from the potential win.
For each selection, you will need to select the Outcome, which can be Winner, Dead Heat, Lost, or Void/Non-Runner. The next step is to enter the odds of your single bet. If you prefer another odds format, head to the settings and pick the one you want to use.
If you have chosen to calculate the return on several selections, you must decide whether the stake you would like to place represents the total amount wagered on all selections or the sum you plan to wager on each selection. The next section of the calculator requires you to enter the amount of your stake.
Once you have filled out all sections, our calculator will show you the total outlay of your bets, the total return you can expect, as well as the total profit you can enjoy if your betting session is successful. You can choose to save this betslip or clear all the details you have entered.
Why Should You Use a Single Bet Calculator?
Single bet calculators are also extremely useful for fans of horse racing, as this type of tool allows bettors to enter the odds for all runners and determine which horse might bring the best return if it wins the race. You can do that by entering the odds of each runner and choosing the same stake size for all selections. That way, you can easily spot higher-value bets.
If you wish to make double, treble, or multi-leg bets instead of placing several single bets, you can also refer to our calculators for Double Bets, Treble Bets, or Accumulator Bets.