Bet Calculator - All Types & Options
| Name | Selections | Bets | Definition |
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| # | Outcome | Odds | ||
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Summary (Updated Automatically)
| Total Outlay | Total Return | Total Profit |
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Double Bet Calculator - Calculate Fast Your Double Bets
Sports betting requires lots of calculations. How much are you wagering? How much are you betting? What are the odds? How do they multiply? But we make it all much easier by offering you a free to use online double bet calculator which will do all the math for you in no time.
How do double bets work?
The double bets combines two individual selections on different events. In contrast to placing two separate single bets, here the odds are multiplied which means the total return and total profit can be quite higher but both of your selections must win in order for that to happen. If one of the selections fails, your bet will fail, too.
Most important facts to know about double bets
And let's just see a quick summary of what the double bet is that you can refer back to any time you need to refresh your memory:
- Double bets include two selections on two separate events.
- Total stake is calculated as single bet stake.
- The only way to get a return is if both 2 selections win.
- Potential profit is higher than placing two different bets as singles.
- Price per bet is lower than separating the two selections into single bets.
Free double bet calculator useful for calculating your returns on double bets
Don't worry, we've got you all covered with a completely free and easy to use Double bet calculator allowing you to work out your returns and see the potential return and payout. An useful tool for all punters who'd like to make more informed decisions and are wondering between two single bets, a double, a treble, an accumulator and other types of wagers. Because, yes, we've got a Treble bet calculator for you, too, as well as useful tools to work out returns on any type of sports wager.
How to use the double bet calculator: Steps required to use our double calculator to work out bet returns
Our free bet calculator allows you to add two selections (which you plan to get combined into one multiple bet) and enter the odds and the stake to see what your potential return and profit can be.
Odds format and bet details
First step if to select whether your odds are in decimal, fractional or american format. That will change the fields below accordingly so you don't need to use any odds calculator to deal with the change yourself.
And, of course, then you've got several other options to think about. For horse racing, you'd need to select yes or no on Rule 4 deductions and each-way betting in order to the calculator to be able to do the math properly. And if there any any non-runners or other reductions in odds, you'd be able to tailor the setting accordingly, too. As for greyhounds betting, there is also the Dead Heat rule you can switch on if needed.
Pick selections and enter the odds
Once you reach this stage of working out your potential winnings, you'll need to pick the outcome and input the odds. Since that's a double bet, you need both the selections to win in order to get a return but the thing that can be also useful is the 'placed' option which is needed for when you'd like to place an each-way wager. The main thing here, though, is just inputing the betting odds in your preferred odds format.
Choose the stake of your bet slip
Finally, enter the amount you want to bet because the calculator will calculate your winnings and profit based on your total wager.
Let the calculator work its magic
Yes, that's the last step. You just check the calculation, you see your bet breakdown and you'd be able to visualize what your total stake will be and how much can you expect in returns and profits.
Why use a double bet calculator to calculate a double bet type?
Calculating potential returns and profits on different odds isn't the easiest thing in the world, especially considering there are plenty of odds formats and your stake has quite the importance, too. But you don't need to just try and guess. You can actually quite easily calculate the returns on various types of double bets according variable odds and stakes within just a few minutes by using our completely free bet calculator.
FAQ on placing a double type of bet
How much does a double bet cost?
Now, you might have expected a double bet to cost the same as placing two single bets. You're mistaken, though, because if you've got a double with a stake per bet worth £10, you'd need only those £10 to place your bet slip. But if you've got two bets separately and you'd like to wager £10 on both of them, you'll have to pay £20. This actually makes placing a double bet be cheaper than two singles.
How much can a double bet return?
The simplest reason why players make use of a double bet is because this type of wager leads to higher potential payouts than two singles due to the odds multiplying. For example, a £10 double, if winning, can return a £30 profit on two selections with 1/1 odds.
Is the double bet worth it?
Yes, the double bet is actually a great option for when you think two selections are bound to happen because you've got a lower cost vs higher potential payout in comparison to making two separate wagers.
Can I place an each-way double bet?
Yes, each way bets are possible with the double bet and here the stake is calculated by multiplying your wager times two whereas the potential returns are also higher but, once more, to get any return and profit, all your guesses should come up to be right.
