Horse Racing Wager Types | Horse Betting Calculator - TVG. To win the bet a handicapper must successfully pick the winner of all six races in succession. The Kentucky Derbyâs website, for example, offers a betting calculator that, through the use of official odds, can estimate wager costs and potential winnings with just a few clicks. A Tricast Bet (Trifecta) refers to a horse racing bet that you place on who will finish in the top 3 places in a race. 333S + 16. 5% chance of winning $200 if you win the bet. The formula for calculating any trifecta bet is: Trifecta combinations = (A x B x C) â (AB x C) â (AC x B) â (BC x A) + (2 x ABC) Where: A = Number of selections for 1st place. They are rounded down to the nearest nickel or dime, which is called. Instant cash back on every wager you make! Weâre the only ADW offering same-day. Use this odds calculator for all types of bet, including each way bets. A Placepot bet is a Tote betting wager where you must pick and have a horse finished placed in each of the first six races at a particular meeting. Calculate your parlay/accumulator bets with our parlay odds calculator. You can bet as much as you want on any race. e. Start Over Choose the wager amount and wager type you wish to place. For instance, a +200 American odds is equivalent to a probability of 33. Del Mar Free Picks. A parlay bet is a single wager that requires two or more outcomes to all win. 97 x $100 minus your initial $100 stake). Using our bet calculator, you find out that you have a 2. The horse racing payout calculator comes in various ways depending on the wager type placed on the horse or horses. This gives both outcomes a win probability of 52. If your horse finishes first, second, or third, your show bet is a. The round robin bet is a 3 selection wager consisting of 10 bets: 3 doubles, 1 treble and 3 up-and-down single stakes about pairs. Bet365 6 Horses Challenge. USA Bettors accepted đ¤. Before the horses get to the gate you can enter the win, place and show pools to calculate your suggested bets; but, remember to bet responsibly! The horse you wager on to Win must finish first in order for you collect. For instance, a +200 American odds is equivalent to a probability of 33. The horse racing calculator software incorporates all the features of the. Horse racing today is more complex than ever with racing on for 364 days of year 2023. 10. Betting Calculator. Traditionally most tracks offered a minimum Win wager of $2. Use the Double return calculator to work out your winnings online for all sports. Decimal odds, most popular in Europe, are fairly straightforward. Round Robin Bet Calculator. A horse racing calculator can reveal the potency of an exotic wager in terms of how many stakes were raised and does the earnings compensate on that. Visit CafeCasino. m. How The Pick 6 Bet Works. Winning Ponies Exotic Wager Calculator; Americaâs Best Racing Gambling Calculator; Example 1: Superfecta Part. BREAK. 1. The round robin bet is a 3 selection wager consisting of 10 bets: 3 doubles, 1 treble and 3 up-and-down single stakes about pairs. For instance: Daily doubles: This wager entails selecting the winner of back-to-back races. The horse racing bet calculator is a horse betting calculator offered the easy going for punters by taking over everything that involves calculation, handling of stakes vs. The Pick 6 is a simple bet in practice. g. 10-$1,200+ AmWager. Odds Converter. Let's say you like the #3 horse really well to win, and you think the # 6, 7, and 8 horses are the only other horses in the race who have. Morning line â The odds that the track handicapper predicts a horse will go off at. 1) To train a young horse to wear a harness. Author: AceOdds. Using this formula, you can determine that the amount to wager on the Jets is $855. To use it simply enter the number of horses you plan to bet on in each race. 50. If the horse wins then you win both bets. Finishing outside the places means you lose the entire wager. Your horses must win four consecutive races; chance for a big score for a modest amount. One last chance for older dirt horses to claim a marquee victory in 2023 comes Friday in the $600. Extra Places at bookmakersâ discretion. Try out the Kelly Criterion Calculator below, but pay careful attention to heavy favorites (i. A $1 trifecta box with three horses costs $6 while using six horses costs $120. Letâs say youâre using two horses in each leg of a 50-cent Pick 5. , 400/100 is the same as 4/1. 1 will show (finish third) and, you would like to make a $1 wager on trifecta. 1/4 for 4 places. Total winning horse bets: $42,500. 1 Download the Betting Strategies Workbook. Letâs explain some U. We offer wagering on over 180 domestic & international tracks â Thoroughbred, Harness & Greyhound! Start getting instant cash back only at BetPTC. In these wagers, you place horse bet on the results or places of horses over one race. To convert positive odds to a decimal, divide the odds by 100 and then add 1. Hereâs a way to bet the trifecta using four horses for $18. A spread bet in football is normally offered at -110 on both sides of the bet. com 18 October 2023. $200 Deposit Bonus TwinSpires Offer Code: BET200 Get Bonus. Most race days have a total of 10 races to bet on a given day. Then, multiply those decimal odds together for the overall odds for that parlay. This happens each racing day until someone wins, just like a progressive slot machine does in a casino. E. Alternatively, bettors can calculate the cost for wagers of all prices with the following formula: (H) x (H1-1) x (H-2) x X. Churchill Downs Free Picks. You will probably need to play just two doubles to turn $5 into $100 at the race track. The parlay calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. Bet Type :. In the case of straight wagers, the horse racing payout calculator simply takes the odds, presented in decimal or fraction, and uses it together with the stakes laid on the wager to calculate the payout. Using a Horse Betting Calculator It is highly recommended to use a horse racing betting calculator or a horse handicapping calculator if and when engaging horse betting. Horse Betting Calculator as a Handicapping Calculator Another form of a horse racing bet calculator is the horse handicapping calculator, an application designed to determine which horse has the best chances to win, by measuring up factors and figures taken from a vast array. You can bet five different combinations of horses on that $5 bet to increase your chances of winning $100 or more. Betting odds converter: Use our odds converter to quickly swap between decimal, American or fractional odds in one click. A tool to simplify the job and select. 00 for a $2. gambling calculator Select a Wager, Make a Bet! Use our Online Gambling Calculator to find out your ticket cost. In order to calculate the returns using the bet calculator, enter the odds of your four selections, if they won, lost or placed and then divide your stake by 15 to enter in the stake box to calculate your returns. com calculator allows you to calculate returns on 29 different bet types, or can be used as an odds calculator to work out potential winnings. Pot odds explained. A Pick 4 with a 50-cent minimum bet amount can indeed be played for 50 cents if you use only one. Leg 5: 2 selections. Exotic horse racing bets were introduced when bettors became bored with the same old straight win, place, and show wagers. Add your expected win probability for the selection you have chosen in the cell called âWin Probabilityâ, using values between 0% and 100%. Use this free calculator to determine the cost of exotic wagers based on bet type and amount. Some simple examples⌠A $2 exacta of two horses over 4 horses: 2 (two horses on top) x 4 (two horses on bottom) x 2 (cost of wager) = $16Bet on two horses finishing 1st & 2nd in exact order. With our parent company Churchill Downs, the home of the famous Kentucky Derby, TwinSpires boasts being a part of the rich history in horse racing and. 00 (1 to 1 odds) Payout per dollar: $85,000/$42,500 = $2. Enter the decimal odds of 2 or more selections in the appropriate 'choice' fields. Follow this link for the Round Robin Parlay Calculator. Each type of Trifecta Bet is calculated a bit differently, which is why itâs important to know how much money youâre putting in based on the risks involved. When you consider that most races have a field of 8-10 horses, this can be. When calculating the payout for a $2 bet compared to the listed horse betting odds, divide the first number in the odds by the second number, multiply that by 2, and then add the standard minimum $2 bet. 4) Placing a bet online or on your mobile device. When betting on the Pick 6 online, the same minimum wager decided by each track applies. To calculate the combination on a trifecta, just multiply the number of horses to be boxed by the next lowest number multiplied by the next lowest number. 2-teams or 3-team parlay have no difference since the odds are on par with the payout of these wagers. For instance, suppose you staked $2 on a wager with odds of 7/2. If your horse finished in places 2nd. The simple fact is that by computerizing the act of betting calculation a punter is less exposed to typing or head calculation errors as well as having an advantage when an. Hold (Rake) Expected Value. Advanced Omni/Swinger betting strategies. Call 1-800-Gambler. Typically a key designates one horse as the winner and boxes the other horses. So you betting would slip will be $2. Odds Calculator - Convert Betting Odds & Calculate Payout. When there are non-runners after final declarations and withdrawn horses have a price of 14/1 or shorter, then this comes into. If you want to widen your selection pool, you also have the choice to do so. It works like a fixed odds accumulator, but payouts are made from the returned dividends of Pari-mutuel betting pool. Our betting odds calculator can show you your expected payout based on your bet amount and odds, as well as what your odds are in other formats and your implied probability of winning. Letâs say you want to use three horses in every race: now the cost is 3x3x3x3x3x0. Race 5 â #7. Input the Odds. Horse Racing. Bookmakerâs Account Restriction. An example is in order. This is not generally recommended, though. A bet can be broken down into two elements; the Stake - how much you risk. Up to 8% Daily Rebates. Letâs say youâre using two horses in each leg of a 50-cent Pick 5. Wager amounts start at $2 and $50; Emphasis Strategy: You can select to emphasis trainer, jockey and the horse's pedigree and Smart Pick will factor you suggested wager with those preferences in mind; Bet Calculator: The bet calculator is a simple tool to help you determine the cost of an exotic wager Racing Schedule -Quinella - Bet in which the first two finishers must be picked in either order. Total Combinations = A x (B-1) x (C-2) x (D-3) *NOTE: As with the. 18+ BeGambleAware. In order to get your total earnings, you multiply $2 by the numerator 7 and. Profit = 13750/100. The Lucky 31 bet is like the lucky 15 however this time there is 31 bets across five selections. 55. Exacta Box: When you âboxâ your horses in an Exacta wager,they can finish in any order. Exotic betting refers to an extremely popular group of horse racing wagers that all include a component where you must wager on multiple horses. Compare how different outcomes on each selection might affect your profits before placing your bet. Betting Calculator Parlay Calculator. Maybe youâre certain Horse #1 will finish in the top three, but youâre not sure whether to combine him with #5 or #7 in the. Extra Places at bookmakersâ discretion. Pot odds: getting your money in good â gripsed poker trainingPot odds &. This is an intermediate tool. William Hill can calculate the payouts for different types of bets. The parlay calculator allows you to input your stake & odds in American formats to quickly calculate the payout for. At most horse racing venues this is $2 for a straight wager. The cost of the bet can rise quickly when more than five horses are used. 00 wagered would be $6. Divide the odds by 100, and then reduce it to its simplest form, e. Example: A Trifecta key using the #1 with the #2, #3, #4 means that the #1 horse must win and the #2, #3, #4 can finish second and third in any order. 1/5 for 5, 6 places, etc. For example, a $1 trifecta key with 1 horse over three other horses (3x2x$1) is $6. TwinSpires Horse Racing Betting Calculator. Since the exacta requires you to select the first and second horses in their exact order of finish, this three horse box example would involve six combinations: 4-5, 4-6, 5-4, 5-6, 6-4 and 6-5. Enter the amount you want to bet, i. Thatâs it!The cost of the ticket is determined by multiplying the number of horses used in each leg: 3 X 2 X 1 X 2 X 4 = 48. A Rule 4 deduction is a function of our horse bet calculator UK punters wonât want to have to use, but the reality is these do apply to any wagers apart from ante post betting done in advance, so weâve included it. To work this out, you can use the following formula: Individual bet = (Total stake x Individual arbitrage %) / Total arbitrage %. 5), and then add 2 (final payout: $5. Horse racing enthusiasts could be one of these groups, with this betting market also being one of the most popular. The calculation method varies depending on what type of First four bet you place: boxed, standout, roving banker or normal. X = size of the bet in dollars. Free, easy to use and accurate, the betting odds calculator supports a wide variety of options including each ways, accumulator perms and bookmaker. How to read horse racing odds and calculate payoutsPayouts hiram irwin Horse odds: payout calculatorsEmerald downs early daily double. Ability to save and export your wager calculations to PDF or Excel file to share with family and friends! Exacta. Add the odds quoted by the. Some calculators may even display the. 2 days ago · The horse betting calculator is an online tool, accessible to both beginners and seasoned bettors, with a diverse range of functions aimed at enhancing your betting game. The best way to attack either the Exacta or Double would be to wheel a number of horses in multiple combinations for the lowest stated minimum, typically $1. The key to understanding the Pick-3 is in knowing that it involves multiple horses and multiple races. The potential payout is higher than for a single bet, but the risk is also greater. 00. When there are non-runners after final declarations and withdrawn horses have a price of 14/1 or shorter, then this comes into. You will get the payout for a certain number of legs from the parlay calculator. As for win odds, this chart provides the payoffs for a. Some bookmakers will apply bonuses to bets containing selections. Another strategy is to play a smaller horizontal wager. Can Xigera Be Defeated in 2023 Falls City Stakes? Gambling. 00 Payout. The most basic type of wager in horse racing is a Win bet. 50-$1,200+ Superfecta: Bet on 4 horses finishing top 4 places in exact order: $0. FD Racing. The Introduction to Dutch Betting using the Ratings Calculator Course gives you an introduction to betting using the Ratings Calculator computer software. If your runner comes in first place you win all three prices (win, place and show). Before the horses get to the gate you can enter the win, place and show pools to calculate your suggested bets; but, remember to bet responsibly! WinPlcShw Wager: Parimutuel Betting Calculator. A horse racing betting calculator ( horse bet calculator ) is an online tool that is used to calculate the cost of large and complex horse racing bets like the superfecta, pentafecta, Yankee, Goliath, and more. An Across the Board bet costs 3x the amount wagered. In the case of straight wagers, the horse racing payout calculator simply takes the odds, presented in decimal or fraction, and uses it together with the stakes laid on the wager to calculate the payout. A horse that is racing on the rail and is surrounded by other horses in front, outside and behind it. Exotic bets are those which involve more than one race or more than one horse. All you. Calculate how much to bet on horse racing with this easy-to-use tool. A Dutching calculator is especially useful for determining stake amounts when qualifying for free bets. $1-$1000+ Quinella: Bet on two horses finishing 1st & 2nd in any order. 00, multiply this by your stake to calculate potential returns. You cash a win bet only if your horse finishes first. 4 for 24 combinations of horse number 4,1,7,5 for the Boxed 10-Cent Superfecta. Implied odds are the conversion of a sportsbooks offered odds into an implied win probability. For example, if there is $100 in a pool of 20 betters, each will get a dividend of $5 for every unit wagered. How to Use the Sports Betting Odds Calculator and Converter. Similarly, if a single person was responsible for the $200 bet on Horse 6 and that horse wins, that person receives a 4/1 payout ($800 in profit + return of the $200 initial wager). You can actually put as many horses as you like on the Exacta Box, but be aware that the price will continue to rise with each horse added. How The Pick 6 Bet Works. For box First four bets, you multiply the number of selections for 1st place, 2nd place (minus 1), 3rd place (minus 2) and fourth place (minus 3). Horse racing odds calculator payout. However, for the activities listed below, winnings over $5,000 will be subject to income tax withholding: Any lottery, sweepstakes, or betting pool. Use our Union Jack Trebles c alculator now and work out your winnings: Enter Bet Details. If your horse finishes first, second, or third, your show bet is a. 00 Win bets. Dutching can have any number of horses selected in a race. 50, or $16. Some of these include: Dubai World Cup: This race card boasts one of the richest purses in the world. The first step in using a horse racing. For something like soccer, Arsenal could be a +150 favorite against Everton as a +190 underdog, while the draw would be set at +220. How to Use the Sports Betting Odds Calculator and Converter. For example, a daily double on horses 7-2 would only pay if #7 wins the first race and #2 wins the second race. 50-$1,200+ Superfecta: Bet on 4 horses finishing top 4 places in exact order: $0. To calculate odds: $85,000/$42,500 - $1 = $1. About AceOdds. . The Superfecta Wheel bet is picking sets of horses to finish in first, second, third, and fourth position. A Placepot bet is a Tote betting wager where you must pick and have a horse finished placed in each of the first six races at a particular meeting. Step 6: Calculate Your Bet. and Canadian tracks use WinningPonies ® for horse racing handicapping â whether they're a $2 bettor placing their first exacta or a pro handicapper chasing six-figure carryovers. For example: A $100 bet at 1. Once youâve selected a tricast odds calculator, youâll need to input the odds for the three horses you want to include in your tricast bet. For example: A $100 bet at 1. 2023 Preakness Stakes Betting Odds, Horses Running & Post Time for 5/20. Example: You think the No. â Kelly MultiplierEven though the Pick 6 wager is often offered at a minimum of $1 per combination, it can get expensive quickly. "Pandy," has been writing about harness and thoroughbred racing and handicapping for over 40 years. These provide the total purses of the races the animal had entered and, finally, the performance-class factor rating. 50, you will be guaranteed a profit of £7. The Pick 6 bet is what is called an exotic bet in horse racing. 2. All you need is a tape measure! Want to learn more about horse weight? Read. In boxing the exacta, the bettor may bet a minimum of two horses on a single ticket, giving the bettor every possible combination of the chosen horses to. 00 Win bets. The winner, AMIâS HOLIDAY is another good, young homebred for Ivan Dalosâ Tall Oaks Farm. Stake not returned. Enter the total amount you wish to stake for the race into field named 'Total Stake £ (Default £100). If the horse goes off at betting odds of 2-1, the return for each $2. 00 bet. 0 for £7. If the selected horses finish first, second, third, and fourth, in the correct order, the calculator will show the potential payout based on the odds of the. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. The calculators allow the bettor to input some information to arrive at a cost for the ticket. While an advanced calculator might be tempting due to its. In most betting destinations, you will notice that a straight superfecta is usually $2. In a KEY wheel, you select one horse to win, and then your choice of x number of horses in the second and third positions. In order to calculate the costs of laying a Trifecta wager, a punter must use the Trifecta calculator, either manually or by a computerized Trifecta calculator. Exacta bets are popular among skilled horse handicappers because the payoff can be very lucrative. 7 â Superfecta. Enter the details and the betting calculator will predict your earnings and show your anticipated profit. Our expert Mike Brunker simplifies all the terminology and answers the most commonly asked questions so you can make the best possible run at your. 33%. You can use a service like Betting Gods for your handicapping, or one of the other horse racing handicapping services. Calculate your winnings with the bet calculator for Singles, Doubles, Trebles, Accumulators, Lucky 15 / 31 / 63, Trixies, Patents, Round Robins, Goliaths and more. The Pick 6 is by far the most challenging and rewarding wager in parimutuel horse racing betting. The winnings you would receive from a bet is calculated by multiplying your stake by the odds. GammaStack offers top-quality horse racing crypto betting software, providing your business with a versatile and superior betting solution tailored specifically for horse racing. If you see the numbers a1 and 1A, you will receive two horses for the price of one. A standout feature of AmWager is its innovative betting tools, including a tricast calculator, which can enhance your wagering strategy. $200 Deposit Bonus TwinSpires Offer Code: BET200 Get Bonus. Here are the steps that you have to follow in order to use our Kelly Criterion Calculator: Add your current betting balance in the cell called âCurrent Betting Balanceâ. Odds can typically be entered in fractional or decimal formats, depending on your preference. Select the type of bet, the amount, and the horses you want to include in the bet and get the total cost of your bet. A bet can be broken down into two elements; the Stake - how much you risk. Profit = $137. However, if the lay bet wins, you win the £7. If it only places, then that is all you win. Betting Multiple Horses. The horse racing odds calculator is horse betting calculator with very specific functions embedded in it. The VSiN free parlay calculator allows. 0 (100%), but if you do not want to wager the full. Delta. An Across the Board bet costs 3x the amount wagered. 50 for breakage and you get odds of 1. The minimum amounts are usually $2, although some tracks will let you wager less than that. (Pick 3 through Pick 6) because there are too many possible combinations to calculate. Horse racing calculator helps you calculate and asses your stakes and wins. SUPERFECTA is the form of pari-mutuel wagering whereby you select in order the first, second, third and fourth place horses in races which offer superfecta wagering. You can box four or more horses on a single ticket and wager $1 (or more) on each combination. Aqueduct Free Picks. $1 Pick-3 using two horses in each race costs $8; $1 Pick-3, keying one horse with three horses in two other races costs $9. Which horse will win Race 3. Your bet ticket will look like this: $2 superfecta (3-4-8-9)Practical Move +800. $1 Pick-3 using two horses in each race costs $8; $1 Pick-3, keying one horse with three horses in two other races costs $9. If you bet $100 on the Eagles to win at -150, you would net a payout of $166. Tricast Bet Calculator. (1. Odds on the toteboard are for win wagers only and are approximate with the final payoff based on the final count of wagers from all simulcast outlets. $900 minus 15 percent equals $765. Itâs a single wager where you pick exactly three horses and decide the exact order you think they will finish in. 97, for a stake of $100, you stand to win $597 ( 6. 7 â Superfecta. This site is for entertainment only and is not liable for any losses you incur. In order to calculate the costs of laying a Trifecta wager, a punter must use the Trifecta calculator, either manually or by a computerized Trifecta calculator. 50, or $121. For some, the latest horse racing news is concentrated into just a few events per year when the mainstream hype of the Kentucky Derby and the other Triple Crown races dominates headlines in May and June. WHAT IS DUTCH BETTING? Dutch betting is a betting strategy that gamblers have been using since the 1920âs to gain an edge on the bookies. Next, select three horses you think could finish first, second, or third. 9 to place fourth. This will convert them to the two other types of odds and give you the implied probability. For example, calculating the cost of a three-horse quinella box (3×2) yields a $6 total cost on a. If you need help finding some winners, we have got you covered with our best NBA PrizePicks for tonight, Monday, Nov. Some tracks have experimented with a $1. To calculate the payout of a $50 bet on the Buffalo Bills, divide 115/100 and multiply by $50 (1. 1/4 for 4 places. See more. The cost of the bet can rise quickly when more than five horses are used. Enter the total amount you wish to stake for the race into field named 'Total Stake £ (Default £100). At bookmakersâ discretion. $528. Here are the post positions, morning-line odds, jockeys, and trainers for the nine-horse field in the Santa Anita Derby, which will be contested on dirt at 1-1/8 miles. At most race tracks, the minimum wager for a Pick-5 is $1. Profit: $2. 5% chance of winning $200 if you win the bet. 76 to get $100 back. AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. Most bettors like to use a horse racing betting strategy in which they use more than five horses. Step foot into exotic betting with exactas, trifectas and superfectas! Do you know the impact of training workouts, final race times, or the best way to bet your Kentucky Derby horse on a budget of $2, $10, $25, or $100!? Maybe you know a thing or two about betting on horse races, but expert horseplayers take multiple factors into consideration. May 16, 2023 12:38 PM EDT. For the hypothetical race weâve been talking about here, letâs say that horse 3 actually manages to win the. Pari-mutuel betting in horse racing is the total pool of money wagered on a particular type of bet that is then divided up among the winners after the track deducts its overhead costs and taxes. 50. PrizePicks gives bettors a new way to place a wager on the NBA. 50) and your total potential. Many bookmakers will only apply a bonus to bets that consist entirely of horse racing and/or greyhound selections (except ante-post). Input the Odds. Enter the decimal odds of 2 or more selections in the appropriate 'choice' fields. To work through all that racing you need a tool. What does 80 to 1 odds pay in horse racing? This will be the total if the Pick Six at this track is a $1 wager. , -200 odds and shorter) because the Kelly Calculator struggles with âsure things. Fields. High limits. Just enter your total stake and then enter the odds of your selections separated by commas and press the button. Learn more. Converting American odds into fractional odds is simpler. Betting odds calculator allows you to insert your odds and automatically convert them to American, Decimal, and Fractional odds. 00. Odds moneyline. The horse racing calculator software incorporates all the features of the different horse racing calculators in to one convenient application. If you only got back $900 your roi is -10%(-100/1000) if you get back $1043, your roi is 4. To calculate â+â odds, divide the odds by 100 and multiply that product by the wager amount. This wager menu states the minimum value of. Here is a step-by-step guide on how to use a horse racing betting calculator: Step 1 - Choose Your Type Of Bet. Gambling winnings are typically subject to a flat 24% tax. 50 odds will pay out $150 ($50 profit, plus your $100 stake). Beginners' Guide to Betfair Exchange. The horse racing payout calculator comes in various ways depending on the wager type placed on the horse or horses. Bet only what you can afford to lose. So you betting would slip will be $2. 76 and expect to pay out $100 (including the stake. Horse Races Kentucky Derby Preakness Stakes Belmont Park Breeders' Cup More Races Results Race Tracks Churchill Downs Fair Grounds Saratoga Oaklawn Park Santa Anita Gulfstream Park More Race Tracks podcasts. If one of those horses finishes sixth, rip up the ticket. (+400/100) + 1 = 5. FanDuel has become the most popular option for online sports. Once the takeout is complete, all remaining money is divided by the amount bet on each horse. How the Pick 6 Jackpot Builds. Trifecta. The Free Bet Calculator is the worldâs leading online sports bet calculator. 8) or greater, to be credited with 3x £10 free bets: 1 x £10 Horse racing, 1 x £10 Free Bet Builder and 1 x £10 Football. Bettors generally are trying to find instances where the actual probability is greater than the implied probability odds. Exacta Bet Calculator. your stake. Example: Letâs say you select horse No. Low margins. If you look at the market for a major European horse race and the favorite is priced at 3. If you think Forte will win the Kentucky Derby and you bet $100 on that horse, youâd get a payout of $500. Online free bet calculator: Complete guide to using our free bet calculator, with examples of popular online bets and the different types of odds available. Max refund per qualifying bet is ÂŁ10 (up to ÂŁ50 in total). To calculate â+â odds, divide the odds by 100 and multiply that product by the wager amount.