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A:B Odds Probability Calculator. Odds are: for winning against winning. Share this Answer Link: help Paste this link in email, text or social media.
Get a Widget for this Calculator. An each-way bet is a combination of win and place bets of equal size. Very popular bet in sports with longer odds, outright markets for things like Premier League top scorer or the Grand National in horse racing.
The place part of the bet is determined by the bookmaker you bet with. Place terms can differ from event to event, bookie to bookie.
A multiple bet or multi where you place one bet but need both selections to win in order to collect. 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. Choose between Total Combined Stake and Stake per Bet options to calculate your total outlay and make sure you stay within your limit, and even view alternative bets that might offer better returns on your initial stake and selections.
Hover over the information buttons to see tips and help for each section of the AceOdds Bet Calculator and visit the AceOdds Betting Glossary for more detailed help with terms and bet types.
You can also convert odds to implied probability percentages, decimal, fractional or american by using the AceOdds Odds Converter.
All bet types explained - Read about all the different kinds of bet, what they are comprised of and how they are calculated.
Explained in an easy to understand style with suitable examples where practical. What is an accumulator bet?