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But you also get your wager back, so add this into the payoff as well. If you bet Lucky Duck to place or come in second rather than win, your bet will still pay off if he comes in first. The horse you wager on must finish the same or better than the wager you placed on him for you to win money. So even if you bet on him to show or come in third, you'd collect money if he won -- he just did better than you anticipated. But the winning horse must share the place and show pools with the horses who actually come in second or third.

The place pool is shared by the first and second place horses and the show pool is shared by the first, second and third place horses. Because all these horses usually go off at different odds, no easy calculation exists for figuring place and show payoffs. Beverly Bird has been writing professionally since She is the author of several novels including the bestselling "Comes the Rain" and "With Every Breath.

Open an account and start betting today. Hedging in sports betting is often much more nuanced than just a simple calculator. Horse racing betting. A bet can be broken down into two elements; the Stake - how much you risk, and the Payout - your potential return including your Stake.

Official tote betting site of South Africa. The all in one betting calculator. The odds in the bet multiply for every additional leg you add to the multibet. A single bet can usually be worked out easily, but when working out a multiple it is advisable to use a bet calculator.

Decimal Odds. Try our bet calculator to work out your potential returns for your forecast bets. Therefore, your probability is. Learn betting and learn racing. Being able to calculate how much a bet returns for any given stake is one of the basics of betting and our Bet Calculator simplifies this process for bettors. Lucky 15 Bet Calculator Settings. If a favorite had lost a race and is racing again, bet on that horse.

Superfecta bettors often bet several combinations of horses as a way of increasing their odds, but in a race with eight horses, there are 1, combinations of four horses. The Ladbrokes Bet Calculator is a simple and easy to use tool that allows you to convert different types of odds. A parlay, also known as an accumulator, is 1 bet whose results are usually determined by 2 or even more underlying bets.

Check your potential winnings on accumulators, Lucky 15s and all your favourite bets with Paddy Power online bet calculator. The second is a bet on your chosen horse to place. Exacta Bet Calculator. Bet on a Beaten Favorite. Enter your stake, bet type, odds fractional or decimal , place terms if applicable and then hit the calculate button. The Kelly Criterion bet calculator above comes pre-filled with the simplest example: a game of coin flipping stacked in your favor. William Hill can calculate the payouts for different types of bets.

South African horse racing. Tab Online. Decimal Odds, Fractional Odds and Moneyline odds are the three most common odds formats used right around the world and they are all covered in our calculator. Bet Calculator Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. Find the latest bonus codes and promotions. The first is a bet on your chosen horse to win. A First four bet requires you to select the first four finishers in a horse race in correct order.

Few bettors use fractional odds for betting sports other than horse racing , because the conversions to understand return are difficult. The calculation method varies depending on what type of First four bet you place: boxed, standout, roving banker or normal. The stake on each selection is reduced as more selections are added to the dutch bet. There has to be a minimum of two legs in your bet to be classified as a multibet. In horse-racing, an each-way bet is essentially two bets in one.

Totesport also offers in person betting using the pari-mutuel service. You can calculate the odds of the bet you wish to take and work out how much the bet would return if it was a winner by using our simple bet calculator. Lucky 15 bets are often only allowed on horse racing and greyhounds. To calculate winnings on fractional odds, multiply your bet by the top number numerator , then divide the result by the bottom denominator.

Close[ X ] To get started, simply select your bet type at and follow the steps. Horse racing betting is the original form of gambling in the UK. Here are a few horse betting tips that will help win more money. Work out how much you have win from a range of popular bookmaker bets with the easy to use bet calculator from Bet Sharks.

The bet return is calculated by multiplying the stake by the odds. A parlay calculator is a betting tool that aids gaming investors find out the odds and results of a parlay bet. Use our bet calculator for: singles, each way's, doubles, trebles, accumulators, lucky 15's and more. Click here for more details on a Show bet.

Decimal odds are very popular across the globe with most online sportsbooks using decimal odds as their default. Your 'odds offered' are '2 to 1' so enter 2. Free, easy to use and accurate, the betting odds calculator supports a wide variety of options including each ways, accumulator perms and bookmaker bonuses.

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Internet based State-Of-The-Art tracking for tournament wagering in 4 steps;. Enter wagers and display real—time tournament odds. Generate payout reports and distribute winnings. There is no doubt we'll continue to use this program for every major tournament we have at my golf club. How It Works click here to view example of login screen Create a Tournament example Define Tournament name, date, number of flights, teams or players.

Configure house percentage, minimum wager, payoff calculations and wagering pools. Populate with flights, teams and player names example Edit tournament changes if necessary example Enter wagers. Display real—time tournament odds example or payoffs example during wagering.

Create a Tournament; 10—20 minutes depending on number of participants. Display real—time tournament odds; through another computer, a few seconds, or to a TV or overhead, about 10 minutes to setup. Record tournament winners; 2 to 3 minutes. Features Runs on any computer connected to the internet no software to download. Tracks Win, Place and Show wagers for team or multiple flight tournament formats: Flight format — maximum of 16 flights, each consisting of 2 to teams or players.

Team format — maximum of teams, each consisting of 1 to 8 players. Specify "House Percentage" to aid recoup of tournament expenses or promote fund raising. Simultaneous entry of wagers across multiple computers. Display real—time tournament odds to a separate computer, TV or overhead during wagering. Generate approximate payoffs immediately after close of wagering. Comprehensive reports detail "wagering take" and winner payouts upon tournament completion.

Online help and short video tutorials for setup and wagering questions. A maximum of wagering pools can be tracked and reported on: Flight format — separate pools for flight winners and overall tournament winners. Flight or Team format — separate pools based on scoring: Gross winners.

Net winners. Both gross and net winners. Payoff calculations can be computed in one of the following ways: To the hundredths decimal place example; Round down to the nearest whole number example; Easily remove erroneous wagers.

Upload player, team and flight information from a text file. Requirements Wireless or hardwire connection to the internet. One of the following internet browsers with javascript, pop-up windows and cookies enabled: Google Chrome v4. The Adobe Reader Plugin detected and correctly installed in this browser. A printer to printout wagerer summaries and tournament reports.

Optional Requirements A separate computer with internet connectivity linked to a TV or overhead to display real—time odds while wagering is open. A POS Point Of Sale printer attached to the computer s used to enter wagers if you plan to generate receipts at the time a wager is placed currently supported through Mozilla Firefox, Opera and Windows Internet Explorer browsers only. Recommendations The authors of this system have made every effort to ensure that this website is user friendly, however, we recommend that the person s who use this system be somewhat computer literate and have working knowledge of using browser based applications.

Our Mission Provide and maintain an accurate, efficient, reliable and user friendly pari—mutuel system to enhance inner club wagering for any golf event at your club. Start Here. It is mandatory to procure user consent prior to running these cookies on your website.

What are American odds? Moneyline odds Moneyline odds are the same as American odds. Converting American odds to decimal odds The easiest way to convert American odds is to use an odds converter calculator. Converting American odds to fractional odds Our odds converter is the easiest way to convert American odds to fractional odds. By continuing to use our site, you agree to the storing of cookies on your device to enhance site navigation and assist in our marketing efforts in line with our privacy policy Got it!

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