Grand National Bet Calculator
Many online bookmakers offer a Grand National calculator which is used to work out the returns from Grand National bets. A Grand National odds calculator is a betting tool that can be found on many online sportsbooks. The Grand National Accumulator Calculator and Grand National Each Way Calculator are useful betting tools.
Types of Bet Calculators for Grand National Betting
The Grand National Calculator can be used to work out the returns from different types of bets. Here are the most popular bets that can be settled using a Grand National Calculator. They are the each-way bet Grand National wager and Grand National accumulator calculator.
Grand National Each Way Bet Calculator
One of the most used Grand National calculator services with online bookmakers is the Grand National each way bet calculator. The Grand National is a handicap with a maximum field of 40 runners. Each way bets are settled based on place terms of one quarter the odds for 4 places. Here is an example of the use of a Grand National each way calculator:
- Bet: £10 each way at 20/1 at one quarter the odds.
There are two elements for the use of the Grand National each way bet calculator. For example:
- Win: £10 at 20/1 returns £210 for a profit of £200.
- Place: £10 at 5/1 returns £60 for a profit of £50.
The each-way bet Grand National calculator returns £270 for a profit of £250 under this example.
Grand National Accumulator Calculator
The Grand National Accumulator is used to work out the returns from multiple bets. An accumulator combines four selections or more in one single line bet. An accumulator can be a win or each way. The calculation can be complex so a Grand National accumulator calculator is a useful tool.
One line bets can be singles, doubles, trebles and accumulators. The odds are combined to work out the return. Each selection must win for a winning bet. The quickest way to calculate the returns is using a Grand National accumulator calculator.
How To Use The Bet Calculators
Here is a step-by-guide to using the Grand National winnings calculator for each-way and accumulator bets:
- Select the bet type, e.g. Single, Trixie, Lucky 15, etc.
- Enter the unit stake.
- Confirm the number of selections.
- Choose Win or Each Way.
- Enter the status for each selection: Won, Placed, Lost Non-Runner.
- Enter the Win odds.
- Enter the Place proportion: one half, quarter or fifth.
- Click ‘Calculate Bet’.
The Grand National odds calculator works out the return from a bet. The Grand National winnings calculator saves times and ensures accuracy if the correct information is entered. Every major online bookmaker offers a Grand National calculator for new and existing customers.
How Are Bets Calculated?
The Grand National winnings calculator works out the returns from a bet, based on the stake and the odds. The Grand National odds calculator returns a loss if the bet is a losing one. The Grand National calculator can be used for the full range of bets: singles, doubles, trebles, accumulators and system bets. A Grand National calculator deals with win and each-way bets.
Here is an example of a Grand National odds calculator bet:
£10 win on Tiger Roll to win the 2020 Grand National at 8/1:
£10 multiplied by 8 + 1 (stake) equals £90 and a profit of £80.
This Grand National odds calculator bet is straightforward but the same process applies when using the Grand National winnings calculator for more complex bets.
Advanced Bet Calculator Functions
The Grand National calculator and any other bet calculator tool has more advanced functions which are described below:
Free Bet Calculator
Bookmakers offer free bets as part of the welcome bonus. Some of the free bets can be used on the Grand National so the calculator is a useful tool. The calculator works out the bets that must be placed to maximise the free bets. The Grand National calculator shows the qualifying and free bets that must be placed during the process of matched betting. The bet calculator gives accurate guidelines for the use of free bets.
Accumulator Calculator And System Bet Calculator
The calculation of the returns from singles is simple. However, the Grand National calculator comes into its own for working out the returns from accumulator and system bets. Both types of bets combine a number of combinations and the odds are multiplied.
An acca has only one line while system bets have permutations of singles, doubles, trebles and accumulators. Both types of bet can be win or each-way. The Grand National odds calculator works out the return based on the stake, win odds and place terms. The bet calculator saves time and is accurate.
Betting Odds Calculator
Betting odds are calculated in several formats and the bet calculator can be used to convert the odds. The three most common odds formats are decimal, fractional and American. There is no single calculation to convert the odds but the calculator has a database of odds in each format. Here is how Evens is represented in each format:
The implied probability is 50% which is used to work out the bets in each of the three odds formats.
Rule 4 Calculator
The advanced features of the calculator can deal with non-runners and Rule 4 Deductions. When a horse is withdrawn near the start of the race and bookmakers do not have time to create a new market, odds are adjusted to take into account the absent horse.
There is a sliding scale of % R4 Deductions based on the odds of the horse when it is withdrawn. The calculator works out returns based on the odds and stake and any Rule 4 Deductions.
Why Use The Bet Calculator
The calculator and any other type of bet calculator are useful tools for working out the returns from winning bets. As long as the correct odds, stake and place terms are entered the tool will calculate the profit from a bet quickly and accurately.
The toll comes into its own for complex system bets when there could be non-runners and Rule 4 Deductions. Each way bets are handled as long as the place terms are entered into the tool correctly.
*All odds and values are hypothetical examples only.