Updated
Are you looking for a quick way to work out your potential winnings before placing a sports bet?
Maybe you're confused by the different types of odds used by bookies and unsure of how much you could win? Or you want to check what the payouts are for different type of sports bet like Each Way and Place.
Do you want to check exactly how much you might win if you place a bet of £50 at 8 to 1 odds?
This simple, instant bet calculator gives you exactly what you want - in seconds!
To work out the return on any bet, simply enter the Odds and the Stake. For example, if you were betting £100 on a 9-4 chance, enter:
Odds = 9 (to) 4, Stake = 100, then click 'Calculate'
The Instant Bet Calculator will then show the return on a:
Win only bet
Winning each way bet (1/4 odds)
Winning each way bet (1/4 odds)
Winning Place bet (1/4 odds)
Winning Place (1/5 odds)
If you're making an Each-way bet, enter the individual stake, but remember that it will cost you double i.e. a '£20 pound each way' bet is, in fact, TWO £20 bets, so it costs you £40. But for the calculator, enter it as £20.
If you're unsure of any of these terms, please check out Betting odds explained and Different types of sports bets.