Bet Calculator - All Types & Options
| Name | Selections | Bets | Definition |
|---|
| # | Outcome | Odds | ||
|---|---|---|---|---|
Summary (Updated Automatically)
| Total Outlay | Total Return | Total Profit |
|---|---|---|
| - | - | - |
Patent Bet Calculator - Calculate Fast Your Patent Bet Return
Check out what your Patent bet return can be in no time with our easy to use tool. Use our calculator to determine the potential winnings on all sorts of combinations whether all your selections win or just some of them, whether you're betting on higher or lower odds and whatever your bet stake is.
How does Patent bet work?
The Patent bet looks a bit like the Trixie bet because it includes three selections. The thing here, though, is that it makes it a big more probably to win even if two of your selections don't come up because there are three singles in the bet slip, too. The Patent bet actually includes seven separate wagers including three different singles, three doubles, along with a treble.
Your total stake is, therefore, your wager per bet multiplied times seven. And the potential winnings are higher also because the final odds on the multiple bets are higher. That's what makes the Patent bet quite popular. And considering it's got three singles, too, you can get some return even if only one selection wins but, of course, it's going to be much less than if all three are successful.
Most important facts to know about the Patent bet type
And let's now sum up all the specifics of the Patent bet so as to ensure you've got a more comprehensive and easy to grasp view of the rules that apply to it:
- The Patent bet includes three selections spread along seven bets
- There are 3 singles, 3 doubles and one treble
- Even if only one of your selections win, you can still get some returns
- Your stake per bet is multiplied times seven to get the total price of the bet slip.
Patent bet calculator: Calculate Patent bet returns
It's not that easy to calculate your potential return by hand when you place seven separate bets on three different selections. That's why we've got a neat tool set up for you that's easy to use and fully mobile friendly. Within only a couple of minutes you'd be able to work out your winnings and even try different combinations to determine your potential profit.
How to use the Patent bet calculator?
Okay, now to the even more exciting part: getting to know how to quickly work out your returns with our free to use Patent bet calculator.
Pick odds format, bet details and options
First step of using our Patent bet calculator is selecting whether you'd be inputing the odds as fractions, decimals or in american format. Once you've picked that, the respective fields will change accordingly.
Along with the odds format, you'll also be able to pick whether you'd like to include Rule 4 deductions for horse racing bets, Dead Heat rule for when you're betting on greyhounds and choose whether you're placing an each-way or not. Simple 'yes' or 'no' answers are all you need for the calculation to be proper.
Enter selections and odds
Since with the Patent bet you've got 3 selections, the calculator includes three rows. You need to enter them all properly for the result to be accurate. What's necessary here is to pick an outcome and to input the odds.
Enter your stake
Going futher, you'll need to pick whether you'd be entering your stake per bet or the total amount you'll wager. And, of course, provide the exact sum, too.
Calculate your potential return
Now's just the time to confirm and allow the patent calculator to work out your potential winnings. You'll get a bet breakdown below, including with how much you're getting per your 7 bets and you can switch the outcomes of the different events to see how this changes your total return.
Why use a Patent Bet calculator?
Despite that the Patent bet has 7 bets only, this doesn't make calculating the potential outcome of it by hand any easier. It's actually quite hard to gauge what your winnings will be per certain odds, combinations of winnings selections and bet stakes. But taking advantage of a Patent bet calculator allows you to be more wary of the potential outcomes and profit.
FAQs on placing a Patent bet
How much does a Patent bet cost?
Since the Patent bet consists of seven bets, the total cost of placing such a wager is determined by multipliying your stake per one bet times seven. That's why a £1 Patent bet will actually cost £7.
How much can a Patent bet return?
The returns of a Patent bet vary quite a lot depending on what your stake is, what odds are you betting on and what are the outcomes of the particular selections you've made. For instance, a £10 Patent bet (for a total price of £70) can return £190 in profit on three winning selections each with 1/1 odds.
Is the Patent bet worth it?
With the Patent bet you're actually placing seven bets on three selections with those including three singles, three doubles and one treble. That means that even if only one selection wins, you can get some potential profit depending on the odds. And if all your selections are successful, the return can be much higher. The risk is bigger, too, though, so the decision on whether to place a Patent bet should be made with responsible gambling in mind.
Can I place an each-way Patent bet?
Yes, the Patent bet can be used for each way sports betting and in this case both the cost per bet slip and the total returns and profits are higher. But the risk goes up, as well.
