If you are a beginner and want to start with the simplest type of bet, 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.
A single bet is a straight bet on the outcome of an event with returns determined based on the amount staked and the odds offered.
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 by following the steps below and entering the correct information about your bet.
⏩ Enter the main bet details, starting with the odds set of your selection and your stake in the “Bet Amount” box.
⏩ Tap the “Calculate” button, and you will learn your Return and the Profit.
⏩ To use the Single Bet Calculator again, tap the “Reset” button.
✔️ Here is a winning example based on the English Premier League’s result match Tottenham vs. Leeds United (Final Score 3-0).
With a €10 stake on Tottenham to win @1.80 odds, the winnings are:
Return = Bet Amount x Odds = €10 x 1.80 = €18.
Profit = Return - Bet Amount = €18 - €10 = €8.
❌ Here 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 = Return - Bet Amount = €0 - €10 = -€10.
What is a Single Bet
A Single Bet is the most common type of wager. 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 Point Spread; specifically, when the preferred team is handicapped by deducting points like a virtual advantage or disadvantage. You can place a Single Bet on Game Totals when 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 comprises 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.
👉 Here 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, the Single Bet will give a return of Starting Stake x Odds = €10 x 10.00 = €100.
If the England national soccer team loses the Final, the “place part” of an E/W bet returns from Starting Stake x Half Odds = €10 x 5.50 = €55.
So, if England wins the World Cup 2022, the E/W bet’s total returns will be €110 + €55 = €155.
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 reaches 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. In that case, you can find your returns by multiplying the divided stake by the full odds.
How to build a Single Bet Strategy with our Calculator
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. However, it’s challenging to build a strategy based on Singles; you should have 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 offers 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.
- 1 Use a Single Bet Calculator to know the exact profit and the return of your bet before you place it.
- 2 If you are a beginner, learn which odds are likely to win, bet on favorites, avoid underdogs, and draw on Soccer.
- 3 Decide if your strategy on Singles will be based on pre-match events or in-play betting. Advanced players can handle more than one Single Bet open; this condition doesn’t always apply to starters.
- 4 Build an amount in your account; that’s a fact that requires patience. It would be helpful if you didn’t always hunt the team you support to win, trying to control your emotions.
- 5 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.
Other Calculators To Work Out
So, do you want to learn what are implied odds and operate all the complicated maths in a few seconds? We want to make safe and accurate your betting activity by calculating your sports returns without mistakes. Our tools are useful for bettors, helping you to work out prices, stakes, and potential winnings. Here you can use advanced calculators and make betting quicker.
Reasons to Use Our Single Bet Calculator
The online bet 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, although 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.
Top 5 Bookmakers for Single Betting
You can discover the leading and reputable online bookmakers that offer the best latest odds to bet on Singles in the underneath list.
Using this Bet Calculator type, you can choose the odds formats among decimal, fractional, or American learning instantly your Return and Profit.
From beginners to betting experts, every bettor places Single Bets on sports and many non-sport-related markets such as elections on political betting.
Singles are the most common and popular type of bet, so all bookmakers offer Single Bets in every sportsbook and on any betting market worldwide.
Single Bet’s winnings ultimately depend on the amount staked and in most cases can’t be too high due to low odds from one only selection. So, Singles’ profitability is related to the risk that a bettor is willing to take.
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.
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 refers to placing 1st, 2nd, or 3rd (in races).
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.