That leaves you to following bets. You bet. This variant is perfect if you think Portland will win the match, or at least it will end up in a draw. Now comes my math problem: When the bookie does not offer a double chance bet, I want to create it my self: With two single bets. For the Kansas City vs. The quote for the bet is as I showed before 2. I got to the solution for this case by trying out. But with the result in my hand, I still don't get the formula to calculate it.
Notice the last subtraction. You have to subtract the stake of the other bet. Because when Portland wins, I win only the 2 bet and lose the stake for the X bet. The defining feature of a double chance bet is that, if either of the events you bet on happens, you win the same amount regardless of which event it was. To simulate a double chance bet with single bets, you need to divide the stake so that the same will happen.
Sign up to join this community. The best answers are voted up and rise to the top. Simulate a double chance bet with two single bets Ask Question. Asked 9 years, 6 months ago. Active 2 years, 7 months ago. Viewed 7k times. You bet 1 - if you think the home team will win X - if you think the match ends in a draw 2 - if you think the away team will win Lets say we have the following soccer match with the following betting quotes: Kansas City vs. Improve this question. Sandro Sandro 1 1 silver badge 4 4 bronze badges.
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Common accumulators can also go by the name of fourfold, fivefold, sixfold etc. Okay, this is where things get a little more complicated. A lucky 15 bet is when you have four selections which consist of 15 separate bets. The break down of bets is as follows:. Just one winning selection guarantees a return but the more winners the more your bet returns. Use the bet calculator to see exactly how much your bet will return based on which of the selections have won.
A trixie bet is a 'full cover' bet , which basically means it covers doubles and trebles involving three selections. Similar to a trixie in that it's a full cover bet, this time 11 separate bets on four selections. Also known as a 'Super Yankee' , a Canadian bet consists of 26 separate bets on five selections. There are many weird and whacky bets available, our betting odds calculator gives you the opportunity to work out how much to bet and how much you could win on any of these and more.
This could be anything from a single to a Yankee to Super Heinz or an accumulator. The calculator may also ask you to either enter the odds in the decimal or fraction format, but we will touch upon the key issues related to that further on in this article. You will then repeat that process however many times is necessary — for example, if you have placed multiple bets — and then may also be able to add information related to Dead Heats or any situation when Rule 4 may have come into play.
The latter offers compensation in the event that a horse withdraws from a race after a bet is placed. After providing full information regarding your range of bets, the odds calculator will then take care of the hard work by doing the maths and generating an overview of the bets you have made or are planning to make, as well as the potential returns which will be available if you are successful. Choose your each-way terms with the odds calculator — these vary based on the number of runners and the type of race.
As you may have already realised, such tools offer clear benefits to horse racing fans whether they are planning for future races or even checking what their final winnings will be after placing several bets. The ability to input information on a combination of bets is a particular benefit, as it ensures you do not get a headache while attempting to consider the potential outcomes of the bets you have made.
For a great number of horse racing fans, the use of fractions is the traditional way of viewing the odds for the runners and riders, but the use of decimals is something which has grown significantly across recent years, too. The concept operates on the straightforward notion that you simply multiply a stake by the decimal shown and the outcome will be your total winnings.
While the use of decimals may seem very simple in that respect, it is worth bearing in mind that the concept offers up one fundamental difference in comparison to the use of fractional odds. When it comes to decimal odds, your stake is always factored into the return that you calculate but this is not the case when following the fraction method. As such, the fraction allows you to work out your winnings, but you will also need to factor in that your stake will also be returned to you as well.
It goes without saying that a huge number of people across the globe love betting on horse racing with bookmakers like Betfair and Paddy Power , whether they are attending race meetings in person, following the action on TV, or online via streaming services.