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Ready reckoner betting odds

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Here there is a description of various betting phrases each-way betting, multiple bets, dead-heat, Rule 4 deductionsforecast and ante-post bets.

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Ready reckoner betting odds When using the bet calculator and calculating the returns and profits you can make, take a ready reckoner betting odds at our list of best UK bookmaker offers. New visitors may also find the detailed Betting Glossary and Help pages useful. BetVictor Review Rule 4 does not apply to any ante-post market. Only deposits made using Cards or Apple Pay will qualify for this promotion. 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. Wagering must be cleared within 60 days.
Betting college football underdogs week 4 These dead-heat rules are applied in this way universally across all bookmakers and sportsbooks in fixed odds betting. The amount you can expect to have deducted from your winnings due to a Rule 4 varies ready reckoner betting odds on what the odds of the withdrawn horse were at the time it was withdrawn. 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. Calculate Bet Clear Bet. Check potential winnings on a single, accumulator, lucky 15 or any other type of bet.
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In simple terms, you will be paid out at the full odds for the bet… but your stake will be adjusted, depending upon the number of competitors golfers, teams, horses etc which are tied in the dead-heat. Your returns are based upon this adjusted stake. The remaining portion of your stake is lost. These dead-heat rules are applied in this way universally across all bookmakers and sportsbooks in fixed odds betting.

Rule 4. Rule 4 is an industry-standard deduction that is made on a horse or it could be a greyhound when there is a non-runner after the final declarations have been made. After all, if the favourite is pulled out of a race at the last minute, the bookmaker is potentially liable for a lot of big-priced bets for other runners… which would have been at much shorter odds had the favourite not been in the original betting market.

To allow for that, there is a deduction from the returns of other runners… a Rule 4. Those punters who backed the withdrawn favourite a non-runner would get their stakes returned. Rule 4 does not apply to any ante-post market. And so if you back a non-runner in an ante-post market you do not get your money back… likewise no Rule 4 is applied to the people who have placed bets on horses that benefit from this non-runner.

Forecast Betting. This is a bet where you pick two selections in the same event, and they need to finish 1st and 2nd in that order for you to win. This can be in a horserace, most often, but can also apply to other markets e. As such a forecast return of 9.

In horseracing the returns for a correct forecast FC are based upon the official industry forecast return. This is based upon an equation taking into account the odds of the horses involved, the number of runners in the race and several other factors.

In sports betting, bookmakers often quote on finishing positions e. These bets will be offered with a set price fixed odds payout for the correct prediction of the result. This involves double the stake but, of course, only one of the forecasts can win. Ante-post Betting. Hence you might bet on the winner of the next soccer World Cup or the winner of the Epsom Derby. Which team will win the baseball World Series. Different rules apply in horseracing and greyhound racing where ante-post betting concerns the fixed odds market prior to the final declaration stage of a race.

This is usually 24 hours before a race, although it can sometimes be more. The main attraction of ante-post betting is that you can often back selections at big odds, well ahead of the match, race or tournament… because, come the day of the competition, they could well start at a very much shorter price.

However… there are no Rule 4 deductions in ante-post betting markets. So if you place your bet and your selection becomes a non-runner or fails to qualify you will lose your stake. Odds Converted To Percentages. In the table below you will see three columns. The middle columns show the fixed odds price at fraction and decimal odds. The odds you will commonly see offered by the bookmaker. The two columns on either side show the percentage chance of success of a bet at any given price.

On the left, if the bet is odds-on i. The shorter the price, the higher the percentage chance of success… the longer or bigger the odds, the lower the chance. Hope that all makes sense! My numbers are office or personal mobile or you can drop me an email to matthew matthewwalton. The Free Bet Calculator is the most advanced online sports bet calculator, allowing you to calculate the stake and profit for an extensive range of bets. All of the most popular bet types are supported, including Lucky 15, Single, Double, Accumulator, Patent and Round Robin, along with more specialised bets such as Alphabet, Magnificent 7, Union Jack, and the infamous Bookies Nightmare!

Configurable bonuses and consolations can be applied to relevant bets, enabling the calculation of the full expected return. Large Accumulators and perms consisting of up to 20 selections are possible, with full support for each way bets including equally divided , and bets affected by Rule 4, dead heats and joint favourites.

As well as calculating the return on your winning bets, the bet calculator can be used before you place your bet, to quickly compare how the return may be affected by different outcomes for each selection. For example, can you still make a profit if only two of your Lucky 15 selections win? This is an especially powerful tool when used in conjunction with the Maximum Total Stake setting, to equalise the stakes and ensure you stay within your spending limit.

Although the Free Bet Calculator is quick and easy to use, even for complex bets, contextual help is available via the information buttons. New visitors may also find the detailed Betting Glossary and Help pages useful. The Number of Selections value is automatically updated when you switch between different bet types, if the current value is less than the minimum required for the type of bet.

The number of selections can be increased in order to create perms or, in the case of Accumulators, to simply extend the size of the Accumulator. The Accumulator Fold Size is automatically updated to reflect changes to the Number of Selections , but you can perm Accumulators simply by reducing this value to the required fold size. For example, to perm 4-Folds from 6 selections, set the Number of Selections to 6, and then change the Accumulator Fold Size to 4. Most bookmakers add a bonus to certain bet types when a particular criterion is met, such as all winners , but there are often conditions attached.

Some bookmakers will apply bonuses to bets containing selections involved in other sports, but they may restrict them to certain markets. Other conditions may also apply, such as minimum odds for each selection, or a minimum unit stake.

Since there are a number of conditions that dictate whether a particular bet qualifies for a bonus, the Include Bonus option makes it easier for you to include, or exclude, the bonus settings from your calculations.

This can be done on a bet by bet basis, without needing to alter individual bonus settings, which are otherwise normally fixed for a particular bookmaker. Simply click the button with the relevant selection number to display a panel containing the less frequently used Rule 4 , Dead Heat and Joint Favourite options.

For example, if a selection has lost, then Win Odds is not relevant, so that option is removed from the form.

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As well as calculating the return on your winning bets, the bet calculator can be used before you place your bet, to quickly compare how the return may be affected by different outcomes for each selection. For example, can you still make a profit if only two of your Lucky 15 selections win?

This is an especially powerful tool when used in conjunction with the Maximum Total Stake setting, to equalise the stakes and ensure you stay within your spending limit. Although the Free Bet Calculator is quick and easy to use, even for complex bets, contextual help is available via the information buttons. New visitors may also find the detailed Betting Glossary and Help pages useful. The Number of Selections value is automatically updated when you switch between different bet types, if the current value is less than the minimum required for the type of bet.

The number of selections can be increased in order to create perms or, in the case of Accumulators, to simply extend the size of the Accumulator. The Accumulator Fold Size is automatically updated to reflect changes to the Number of Selections , but you can perm Accumulators simply by reducing this value to the required fold size. For example, to perm 4-Folds from 6 selections, set the Number of Selections to 6, and then change the Accumulator Fold Size to 4. Most bookmakers add a bonus to certain bet types when a particular criterion is met, such as all winners , but there are often conditions attached.

Some bookmakers will apply bonuses to bets containing selections involved in other sports, but they may restrict them to certain markets. Other conditions may also apply, such as minimum odds for each selection, or a minimum unit stake. Since there are a number of conditions that dictate whether a particular bet qualifies for a bonus, the Include Bonus option makes it easier for you to include, or exclude, the bonus settings from your calculations. This can be done on a bet by bet basis, without needing to alter individual bonus settings, which are otherwise normally fixed for a particular bookmaker.

Simply click the button with the relevant selection number to display a panel containing the less frequently used Rule 4 , Dead Heat and Joint Favourite options. For example, if a selection has lost, then Win Odds is not relevant, so that option is removed from the form.

Win Odds can be entered in either Fraction , Decimal or American format, in accordance with the current odds format that can be changed via the Settings. Total - the number of participants finishing in the same position. In the event of a double dead heat you should enter 2, and in the unlikely event of a triple dead heat you should enter 3. Places - the number of places being offered by your bookmaker for the event in which your selection is taking part. 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.

You can get free Timeform tips for every British and Irish horse race and free Infogol tips on Europe's biggest football leagues. However, it is also true that some can find it a complicated world to navigate around and they often want a bit of a helping hand to get started.