Bet Calculators & Converters Sports Betting Handicapping Tools

You can think of it as investing your money rather than gambling with it. You do not even need to know anything about the sport in question. You simply need to gain a comprehensive understanding of how to hedge a bet and how to calculate arbitrage. Alex, a ten-year iGaming industry veteran and Managing Editor at BettingTools specializes in sports betting and betting tools. He also provides insightful reviews, ensures the accuracy of all offers, and maintains content quality helping you make informed choices. Whether or not you make a profit from sports betting depends not only on your win-loss percentage but also on the odds you are betting into.

Premier League Football Accumulator

• Advanced statistical tool for predicting scores in soccer and other sports based on goal expectancy.
• Free-to-use teaser calculator that will determine the adjusted odds and potential payout for a teaser bet.
• Then, if you win, your total payout will be $230 (the $130 cost of the bet  + $100 profit).
• You chose several options that you think will happen in a fixture, from the number of cards, shots on target, fouls, etc.
• Conversely, if you want to bet $100 on the underdog Eagles, enter +100 under American odds and $100 as the bet amount.
• They can also be emailed via a form on their website or contact via the 88Sport live chat can be initiated.

Spread stakes across multiple selections to guarantee the same profit regardless of winner. Calculates win probabilities and odds for one or two variable Poisson-style proposition bets, given an underlying win percentage. That is to say; you don’t need to be a tech wizard to get our bet calculator to work for you. All you need is to have your inputs bang on, and you are good to go.

Accumulator Calculator

It can also be used to ensure that you make a profit if one outcome occurs, and face a smaller loss if it fails. Hedge bets can be used to ensure that your bet wins either way, or to lower your risk if your preferred option fails. A hedge bet is a crucial tool in the arsenal of pro handicappers. An accumulator calculator (or acca calculator) is a free betting tool that calculates potential returns for multi-leg bets. 888sport Popular in the UK and Ireland for football betting, accumulators combine multiple selections into one bet where all outcomes must win for a payout. There are several reasons why two rival sportsbooks might offer different odds on the same game.

Benefits of Using These Betting Tools

The biggest reason a lot of people use decimal odds is because the conversion to probabilities is so simple. The same applies if you are working out who is the underdog and the favourite. Also, it never does you any harm to have a grasp on all the different types of odds so you can work out your returns accurately. You can, however, come close to true odds using predictive models where you consider factors like handicapping. A good bet would have true odds that are greater than implied odds. True odds represent a bettor’s assessment after analysis and research.

We offer 30 different betting calculators – the most comprehensive free collection available online. Like most UK bookmakers, among their many promotions are welcome bonuses for new bettors. For the first bet, players can get times three of their winnings with a minimum bet of £3 and maximum £6. As for free bets, bettors should place more than three in-play bets on Saturday Premier League matches with a minimum bet of £7. However, keep in mind that online betting sites has terms and conditions before you can withdraw your winnings. An accumulator calculator is a free betting tool that calculates potential returns for multi-leg bets (accas).

They were founded in 2008 and are part of the 888 Holdings company, going from strength to strength in the industry, even branching out into the US. The Racing Promotions comprises strictly of bonuses for horse racing. Each-way deals and free bets are two common promotional items for racing fans. The p-value or probability value calculator works out the chance of your betting results from sample size having occurred by random chance.

The bet slip and bet calculators are almost similar but have different functions. The bet slip is the final step in placing a bet; it shows the picks you have made and the bet you are about to place. Adding selections to your bet slip indicates that you wish to wager on the picks you have made. The Euros will be taking up the summer of football betting action and 888Sport could be one of the best bookmakers to look at.

The thing here is how you find true odds—true odds are subjective. There is no such thing as concrete “true odds” for any outcome a bettor picks. Before placing your bet, it is essential to know (find out) a few things.