Here at OddsMonkey, you can use our betting calculator to calculate your bet returns for free. Simply enter your stake, select the type of bet, then enter your odds and hit calculate to see how much your bet will win.
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Just what does each way mean when it comes to betting and how does it fit into matched betting? It could well be the next tool you add to your arsenal.
Our odds calculator even has settings to adjust the format of your odds, change the result, add a Rule 4, and look at your options for betting each way.
Our online bet calculator is incredibly easy and convenient to use, which makes it ideal for working out your returns before you place a bet or when you’re adding up your winnings.
We also have many other betting returns calculators that are free to use that cover all types of bets. You can find links to these on the right of this page. Simply click through to the tool you would like to use to access it.
At OddsMonkey, we also help our customers unlock profit from matched betting, a method that takes advantage of free bets from bookies. To find out more, you can read our matched betting guide then use our matched betting calculator and OddsMatcher tool to start earning.
A betting calculator — also known as an odds calculator — is a tool that lets you see what your returns will be when you bet a stake on particular odds. They offer an easy way to see exactly what your profit will be without the need to do any maths. You can typically use a betting odds calculator as a quick reference point before you place any bets.
If this is all new to you, we recommend finding out more about how betting odds work to make sure you’re up to speed when betting.