What is a bet calculator?
A bet calculator is designed to answer one of the biggest questions in sports betting: how much will I win? This easy-to-use tool gives you an insight into your potential profits when betting at Paddy Power.
Use the odds calculator to set your desired price and stake, and see what you could win if you find the right market. You can flick between numerous bet types – from simple singles to complex multiples – and find a bet level that’s right for you.
The PP calculator covers all bet types and conditions that you’ll find across our site. Use the betting calculator below to discover your potential profits – and read on to learn more about Rule 4, Each Way, Dead Heat, and everything else you should know before betting!
How do we calculate a bet?
The possible winnings take into account all of the factors such as bet type, stakes and odds. In the case of more complex wagers or outcomes, you’ll be prompted for any information needed.
What type of Bet Calculators do we offer?
Our bet calculator covers all of the different bet types and conditions that you’ll come across on the Paddy Power site, so you can work out the return for any wager you plan to make with us.
How do I use the Bet Calculator?
By completing the bet type, stake and odds fields you’ll see the potential returns. After this, add in any special conditions and make sure the details are all correct.
What is the most popular Bet Calculator?
The power and simplicity of the Paddy Power bet calculator makes it a popular choice. Visitors can instantly find out the possible winnings for any of the different types of bets that we offer.
Place your bet at Paddy Power
The Paddy Power bet calculator shows the potential profit of a bet, as well as your stake. The aim is to give you clarity of how much you need to stake, at what odds, in order to secure a certain payout.
There are plenty of variables within the calculator. You’re required to set:
- Bet type – Choose the structure of your bet, from singles through to complex Lucky 15s and Goliaths
- Odds type – Pick from fractional or decimal odds (depending on your preference)
- Stake – This is the amount of money you’re willing to risk for the bet
- Conditions – Select additional conditions if required (Each Way, Rule 4, Dead Heat).
We’ll explain more about these below.
If you choose an accumulator bet then you’ll be able to select and deselect additional selections to create your ideal bet. Learn more about accumulator bets in our guide here!
How to use a bet calculator
Using a bet calculator is really simple – even Paddy himself can use it! But it’s worth taking a moment to go through the details and understand what’s going on before you get started.
Remember, the idea of the bet calculator is to show how much you win based on your stake. To do this accurately, you need to fill in the right sections of the calculator as you work through it.
Start at the top and choose your bet type. For our example, we’ll use a double bet. Then select your odds type (go with the one you’re most comfortable with) and then enter your stake. After that, click if there are any conditions attached to the bet (we’ll get onto these later).
Now all you need to do is input the odds. For a double bet, you’ll need to put both odds in the box.
You’ll instantly see your winnings, which are split into ‘returns’ and ‘profit’. Your ‘returns’ is the full amount you receive from a winning bet including your original stake.
After that, you can head to Paddy Power and place your bet!
What is Rule 4?
Rule 4 is a recalculation of your bet if a big favourite pulls out before an event. It’s commonly used in horse racing betting, where a short-odds favourite might withdraw. If this is the case, the odds for all the other runners are, in theory, inaccurate. Rule 4 therefore applies and everyone’s odds are shortened relative to the rule’s formula.
You can apply Rule 4 to your bet calculator and see what your true return will be, should Rule 4 be enacted in your chosen event.
What is Each Way?
Each way is a betting option where you split your ‘win’ bet in half, so that 50% of the stake backs a win and 50% backs a ‘place’ (usually a second, third, or fourth-place finish). The aim is to clever your win bet in case your selection doesn’t quite make it. It’s most commonly found in horse racing betting. If your horse wins, you win both halves of the bet. If your horse places, you only win the ‘place’ half, which usually pays out at 1/4 or 1/5 the ‘win’ payout. Enter the EW price when selecting Each Way in the bet calculator to discover your payout.
What is Dead Heat?
A dead heat is when multiple selections win the same event. For example, three horses cross the line at exactly the same point. A dead heat is called if a single winner can’t be determined. When this happens, winnings are divided by the number of winners. So, a two-way dead heat results in 50% of winnings for each successful bet. For a three-way dead heat, it’s 33%.
Types of bet in a bet calculator
- Single – A bet on one outcome
- Double – A bet on two outcomes. Both must win for your bet to win
- Treble – A bet on three outcomes. All three must win for your bet to win
- Fourfold – A bet on four outcomes. All four must win for your bet to win
- Fivefold – A bet on five outcomes. All five must win for your bet to win
- Sixfold – A bet on six outcomes. All six must win for your bet to win
- Sevenfold – A bet on seven outcomes. All seven must win for your bet to win
- Eightfold – A bet on eight outcomes. All eight must win for your bet to win
- Accumulator – A bet on multiple selections combined in one bet
- Trixie – Four bets from three selections that create three doubles and one treble
- Yankee – Eleven bets from four selections that create six doubles, four trebles and a one fourfold
- Canadian / Super Yankee – Twenty-six bets from five selections that create 10 doubles, 10 trebles, 5 fourfolds and a fivefold
- Patent – Seven bets from three selections that create three singles, three doubles and a treble
- Lucky 15 – Fifteen bets from four selections that create four singles, six doubles, four trebles and one fourfold
- Lucky 31 –Thirty-one bets from five selections that create five singles, 10 doubles, 10 trebles, five fourfolds and one fivefold
- Lucky 63 – Sixty-three bets from six selections that create six singles, 15 doubles, 20 trebles, 15 fourfolds, six fivefolds, and one sixfold
- Heinz – Fifty-seven bets from seven selections that create 15 doubles, 20 trebles, 15 fourfolds, six fivefolds and a sixfold
- Super Heinz – 120 bets from seven selections that create 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, seven sixfolds and a sevenfold
- Goliath – 247 bets from eight selections that create 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and an eightfold
- Super Heinz with Singles – 127 bets from seven selections that create seven singles, 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, seven sixfolds and a sevenfold
- Super Goliath – 255 bets from eight selections that create eight singles, 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and an eightfold