cashbackcasino
cashbackcasino
Betting odds are calculated by the probability of something happening. For example, if the odds are 4-1 this suggests there 📉 is a 1 in 5 chance of winning (4+1), or calculated as 1 / (4+1) = 0.2 which means there 📉 is a 20% chance of the outcome happening. The winnings you would receive from a bet is calculated by multiplying 📉 your stake by the odds. So a stake of £1 would pay £4 profit, plus your stake back, which is 📉 a total return of £5.
Calculating your winnings from a single selection is fairly straight forward, however, when placing more complex 📉 bets or multiples it’s advised you use an odds calculator.
Bet Calculator Description
Using the reliable Racing Post Bet Calculator will allow 📉 you to work out your returns for bets like Lucky 15, Doubles, Yankee, Accumulator and much more. With a bet 📉 calculator you can compare different outcomes of the different kinds of bets and how they may affect your profits before 📉 you even place your bet!
How to use the free bet calculator