Handicap betting calculator money

Specify the number of places and the number of selections that tied Odds — Enter the odds that are provided for the outcome to occur Place Odds — If betting each way, enter the reduction applied to the odds for selections that place Rule 4 — If another horse in the race withdraws, enter the reduction made to the odds Bet Totals Total Stake — The sum of all bets specified in the calculator Total Return — The sum of the money that will be returned from the bookmaker Total Profit — The sum of profit made from the bet You can use this bet calculator or any of the following to calculate the eventual profits you could make when placing a bet on one of our selected best betting sites.

The way to calculate your earnings given your stake, the odds available and the bet type can vary enormously. Bets can include more complex schemes like each way and rule 4. Using a bet calculator assures you accuracy and simplicity while dealing with all these complex variables. Where to place your bet? When using the bet calculator and calculating the returns and profits you can make, take a look at our list of best UK bookmaker offers. How are the bets calculated? There are multiple factors and determine the returns from your bets: stake, odds and result.

In road cycling, pursuit-style handicaps are most common, and are mostly restricted to grassroots amateur events. In the past, higher-profile national events such as the Melbourne to Warrnambool Classic were run as handicaps, but with larger entry numbers and a preference for scratch racing among elite-level national competitors, these are no longer run as handicaps. Because of the importance of drafting in cycling events, riders are usually grouped into a limited number of "bunches" based on previous results, with the bunches containing the weakest riders leaving first.

Prizes are typically awarded to the first finishers, first female finisher in mixed events , and fastest time recorded who may not have crossed the line first due to the handicapping. Outcome prediction[ edit ] Middle and arbitrage bets[ edit ] There are strategies that involve differences in the lines on the same event at different books.

One bet is called a "middle", which when a player finds two books that offer different point spreads for the same event. They will bet the more favorable spread at both books, and if the final score falls between the two, the bettor will win both bets. On the other hand, if the total falls outside the range of the "middle" the bettor only loses a small percentage of a bet the "juice" or "vig" taken by the house.

If a player bets Team B at Book 1, and Team A at Book 2, he will win both bets if either side wins by 2 or less points, and will win one bet and lose the other known as a "side" if either team wins by 3 points.

Another strategy, known as arbitrage, or an "arb" or "scalp", involves finding different moneylines for the same event. In this case, the bettor will bet the more favorable line at both books, and have a guaranteed profit. This is a no-risk bet, as the player is guaranteed a profit no matter the result of the game.

Because sports betting had a social taboo at the time, Snyder was not allowed to mention betting on games specifically. Instead, he would predict the score.

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