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Single Bet Calculator

If you are a beginner and want to start with the simplest type of bets, Singles are a great option with an excellent chance of winning. Single Betting also applies to advanced players who wage a higher amount of money to gain a bigger profit. It means you are only betting on one outcome rather than multiples. Let’s say that you placed a Single Bet on Manchester United to beat Liverpool at 3.00 (4/1) odds. You will collect your winnings only if Manchester United wins. If the Full-Time Result is a draw or Liverpool wins, then you will have a loss.

A Single Bet Calculator is an essential tool to instantly work out your potential returns on the offered odds, providing speed and accuracy. It’s handy when you place a Single Each Way Bet and want to see the probable returns or determine what happens in case of a Dead Heat.

How to use the Single Bet Calculator

A Single Bet Calculator is a tool that players can use to find out their potential returns before placing a bet. It allows seeing the profit in a matter of seconds. The payout is worked out by multiplying the stake with the starting odds. Try out our Single Bet Calculator and use it in all types of Single Bets.

This betting calculator offers some advanced functions, giving you a choice to calculate all odds formats and turn your Single Bet into an Each Way Bet. It’s easy to use our Single Bet Calculator by following the steps below and entering the correct information about your bet.

⏩Enter the main bet details; the number of selections (1), if you place an Each Way Bet, the odds format (decimal, fractional, or American), and your stake.

⏩Insert your bet’s status (Single) and the odds of your selection, choosing the stake type “Stake per Bet.”

⏩Tap the “Calculate” button, and you will learn your Total Profit and the Total Return.

⏩To use the Single Bet Calculator again, tap the button “Reset all.”

red arrowHere is a winning example based on the English Premier League’s result match Tottenham vs. Leeds United (Score 3-0).

With a €10 stake on Tottenham to win @1.80 odds, the winnings are:

Returns = Stake x Odds = €10 x 1.80 = €18.
Profit = Returns - Stake = €18 - €10 = €8.

red arrowHere is a losing example based on the same match.

With a €10 stake on Leeds United to win @4.00 odds, the bet is lost and returns €0.

Loss = Returns - Stake = €0 - €10 = -€10.

What is a Single Bet

A Single Bet is the most common type of bet. A player backs one outcome, such as a soccer team, a horse, or an athlete, to win. The returns are calculated by multiplying the amount staked by the starting odds. There are different types of Single Bets. So, read on to discover what Singles are in sports betting.

Win Bet: When you are backing a soccer or basketball team to win a match, a horse to win a race or even an athlete (a golfer, for example) to win a long-term tournament and make the correct prediction. In this case, your Single Bet is a winner. Otherwise, you lose your stake. Single is also one selection on Points Spreads. Specifically, where the preferred team is handicapped by deducting points like a virtual advantage or disadvantage. A Single Bet on Game Totals means when you place a bet on whether total points or goals from both teams will be above or below a particular line.

Place Bet: When you choose one selection to place, rather than win. Usually, a bet for your chosen horse, greyhound, or athlete to come 1st, 2nd, or 3rd in a race or a tournament. Only in North America, a Place Bet means that your selection must be placed just 1st or 2nd to win, while the Show Bet means to be placed 1st, 2nd, or 3rd.

How Single Each Way Bet Calculator works

An Each Way Bet is composed of two parts; a Win Bet and a Place Bet, made of equal amounts. The first leg is on a horse/team/athlete to win, and the second on a horse/team/athlete to finish in a top position. Placing an E/W Bet, your stake is automatically doubled and divided between a team to win and a team to place.

red arrowHere is an example of how the Single Each Way Bet Calculator works. A €10 E/W Bet on England to win the World Cup 2022 @10.00 odds would be a €20 bet.

If the England national soccer team reaches 1st place would give a return of (Starting Stake x Odds) + (E/W Stake - Starting Stake) = (€10 x 10.00) + (€20 - €10) = €100 + €10 = €110.

If the England national soccer team would lose in the Final, the placing gives a return of (Starting Stake x Half Odds) + (E/W Stake - Starting Stake) = (€10 x 5.00) + (€20 - €10) = €50 + €10 = €60.

So, if England wins the World Cup 2022, the total returns will be €110 + €60 = €170.

For the above example, the terms are “1/2 first and second”, which means that the odds to place are halved, and the bet wins if the team plays the Final.

How to use a Single Calculator in a dead-heated selection

Dead Heat is an annoying situation for bettors, who love to risk with Outrights or prefer races. When two selections or more are joint winners in an event, Dead Heat rules apply. If two horses cross the finish line at the same time, or two soccer players tie on 25 goals at the top of the Scorers Table, you will get paid half your stake at the starting odds. So, you can use the Single Calculator to find your returns, setting the divided stake at the “Stake per Bet” section multiplied by the full odds.

Betting tips to placing Singles & win

Single Betting is the most common type of wagering from beginners up to advanced bettors. There are significant advantages like the high chance to win; there are also many downsides, such as lower returns than other bet types. It’s challenging to build a strategy based on Singles; you should have the basic betting knowledge, as well as mental and financial balance.

Starting with small amounts and increasing your stake if your bets are winners is a wise choice. A Single Bet has higher winning chances than other wagering types. So, players must take advantage of it. Read on some useful advice to improve your betting status and your chance of winning:

⏩Use a Single Bet Calculator to know the exact profit and the return of your bet before you place it.

⏩If you are a beginner, choose small odds and bet on favorites, avoiding underdogs and draws on Soccer.

⏩Decide if your strategy on Singles will be based on pre-match events or in-play betting. Advanced players can have more than one Single Bet open; it doesn’t always apply to starters.

⏩Build an amount in your account; that’s a fact that requires patience. It would help if you didn’t always hunt the team you support to win, trying to control your emotions.

⏩Don’t place a series of Singles, but wait to win or lose your first bet of the day and then act on that result.

Why use our Single Bet Calculator

Betting on politicsBet Calculators are excellent tools for players, helping determine a potential profit before a bet is placed. Ιt’s handy to have speed and accuracy on the whole process of learning instantly the possible returns you could receive. Sometimes, settlement errors can occur when beginners calculate the potential payout, even on Single Betting.

With our Single Bet Calculator, this chance vanishes if you enter the correct information into the tool. Singles are the simplest type of bet you can choose. So, using this calculator could be a vital part of your strategy to win. Your returns depend on only one selection, with a high winning chance. Maybe the returns are small compared to other betting types and options; reducing your risk is essential for betting. Using the Single Bet Calculator and betting on Singles, it’s the first step to advance your knowledge in all types of sports in an easy way.

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FAQ
Q: Does the Single Bet Calculator apply to all odds format?

Using this Bet Calculator type, you can choose the odds format from the decimal, fractional, or American and have your Total Return and Total Profit.

Q: Can you calculate your potential winnings in a Rule 4 situation?

Using the Single Bet Calculator, you can set options, which include particular parameters like Rule 4 when, for example, a horse or a greyhound is withdrawn from the race.

Q: On which sports can you place a Single Bet?

From beginners to betting experts, every bettor places Single Bets on sports and many non-sport related markets such as elections on political betting.

Q: Which bookmakers offer this type of bet?

Singles are the most common and popular type of bets, so all bookmakers offer Single Bets in every sportsbook and on any betting market worldwide.

Q: Is Single Betting profitable?

A Single Bet’s winnings can’t be too high because of the low odds and ultimately depend on the amount staked. So, Single Betting profitability is related to the risk that a bettor is willing to take.

Q: Are Singles & Straight Bets the same thing?

Single Bets & Straight Bets have no different meanings in sports betting. Straight Bet in Horse Racing or Soccer is a North America’s drift and works the same when a player places a bet on just one team, individual, or event in a particular sport.

Q: Is an Each Way Bet a Single Bet type or a Multiple?

Deciding to bet an E/W, you are placing two separate Singles at once. These bets are not connected; one bet is on the selection winning, while the other, placing 1st, 2nd, or 3rd (in races).

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