First 4 betting calculator horse

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While putting money on a horse winning a race may sound like a relatively straightforward matter, there is a wide range of bets available. For example, are you planning to keep it simple with a single bet on one race? Or, alternatively, are you looking to take a chance on a larger gamble with an accumulator? Thankfully, that is where online odds calculators come into their own.

These handy tools can make a huge difference to your betting activity, providing you with a full overview of the options available and ultimately helping you to place the bet — or combination of bets — that works best for you. In this article, we are going to take a closer look at the concept of odds calculators, how they tend to work, and the key benefits that they can offer in terms of boosting your betting balance. On the most basic level, odds calculators are designed to help you understand the implications of your bets and ultimately determine what returns you will receive if you are successful.

Such tools tend to operate in a standard format, with them first asking you to input the type of bet that you have made or are planning to make. This could be anything from a single to a Yankee to Super Heinz or an accumulator. 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.

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. Starting from the simplest bet, take one horse to win, one for second, one for third and another for forth.

This is the ultimate First Four and requires a high level of skill or luck to get a collect. This bet is best taken in small fields or in races with a high level of certainty. Some races have only 4 or 5 runners with options for some single First Four wagers. Small fields often lead to muddling pace which often leads to unusual results but a single First Four could be the go in a small field. Chances of getting a single correct First Four in a 24 horse field is getting up to Lotto type chances.

Lotto pays consolation dividends and may be a better bet than a single First Four in a capacity field.