Betting Calculator and Betting Exchange

The Betting Calculator is a simple betting tool in order to calculate your potential bet returns on any type of bet which includes a win bet or an each way bet.

Betting Calculator and Betting Exchange

Follow and understand the method of a Betting Calculator. It’s simple and easy to use for calculating bet returns for any type of bet. Betting calculators are very accurate you may get correct bet return results.

Betting Calculator

The betting glossary describes each type of bet and along with other common betting terms:

Bet Types:

Accumulator, Double, Double Stake, Flag, Goliath, Goliath Flag, Heinz Flag, Lucky15, Lucky 31, Lucy 63, Patent, Round Robin, Single, Single Stakes, Super Flag, Super Heinz, Super Heinz Flag, Yankee, Super Yankee, Treble, Trixie, Union Jack, Yankee and Yap.

Some are described below:

Accumulator:

An Accumulator is a bet that consists of 4 or more selections taking part in different events. You must win all selections to make a large profit. Each selection helps you to move forward to provide the stake for the next selection.

Alphabet:

An Alphabet is a bet that consists of 6 selection taking part in different events which are numbered 1 to 6. Bets are formed combining the selections into an Accumulator 2, 2 Parents and 1 Yankee:

 

Accumulator           Patents                     Yankee

1-2-3-4-5-6             1-2-3                         2-3-4-5

                               4-5-6

The bonus percentage that is offered by different bookmakers may vary.

Double:

A double is a kind of bet that consists of 2 selections taking part in different events. Both selections must win for you to make a profit.

Double Stakes About:

A Double Stakes About is the same as a Single Stakes About. Double, the original stake is taken from the return of each single.

Flag:

A Flag consists of 4 selection taking part in different events.

Betting Calculator and Betting Exchange

Goliath:

A Goliath consists of 8 selection taking part in different events.

Goliath Flag:

A Goliath Flag consists of 8 selection taking part in different events.

Heinz:

A Heinz consists of 6 selection taking part in different events.

Lucky 15:

A lucky 15 consists of 4 selections taking part in different events. The bonuses and consolations offered by different bookmakers vary. 10% bonus is common to be applied to the return. All the selections must run for a bonus or consolation to apply. Bonuses and consolations can apply to the win part of win-to-win each way bets. Lucky 15 bets may be allowed for horse racing and greyhounds.

Lucky 31:

A Lucky 31 consists of 5 selection taking part in different events combined to produce 31 bets comprised of a 5- Fold Accumulator, premed 4-Folds, Permed Trebles (10),Permed Doubles and a Single for each selection. A bonus is applied if all selections will win and a consolation is applied if only one selection wins.

The bonuses and consolations offered by different bookmakers vary. it is common for a 20% bonus being applied to the return if all selections will win. Lucky 31 bets are sometimes allowed on horse racing and greyhounds.

Lucky 63:

A Lucky 63 consisting of 6 selections taking part in different events combined to produce 63 bets comprised of a 6-FoldAccumulator, premed 5-Fold , permed 4-Folds, permed Trebles, permed Doubles (15), and a Single for each selection. A bonus is applied if all selections win, and a consolation is applied if only one selection wins. 25% bonus is common to be applied to the return if all selections win. All selections must run for a bonus or consolation to apply. Bonuses and consolations can apply to the win part of win-to-win each way bets. Lucky 63 bets are sometimes allowed for horse racing and greyhounds.

Patent:

A patent consists of 3 taking part in different events combined to produce 7 bets comprised of a Treble, premed Double and a Single for each selection.

Round Robin:

A Round Robin consists of 3 selections taking part in different events combined to produce 10 bets comprised of a Trixie and premed Single Stakes About.

Single:

A Single is a bet consisting of 1selection which must win for you in order to make a profit.

Single Stakes About:

A Single Stakes About consisting of 2 selections take part in different event combined to produce 2 bets comprised of 2single.

Yankee:

It is a multiple bet consisting of 11 bets (6doubles+ 4trebles+ 14fold) on 4sections in different events.

Treble:

A Treble consists of 3sections taking part in different events. All 3 selections must win to make a profit.

Trixie:

A Trixie consists of 3 sections taking part in different events combined to produce 4 bets ( a Treble +premed Doubles).

Betting Exchange

Betting Calculator and Betting Exchange

A Betting Exchange is one kind facility for the customers to wager on the result of events. Betting exchanges provide the same opportunities to bet as a bookmaker with some differences. You are able to buy and sell the outcome. You can cut your losses and make profit. Bookmaker operators make revenue by offering less efficient odds. Betting exchanges normally produce revenue by charging a transaction fee. It can take bets on football, boxing, athletics, darts and even horse racing.

Backing and Laying

Traditionally betting is played between a customer and a bookmaker. In this case the customer ‘backs'(an outcome will get) and the bookmaker ‘lays’ (the outcome will not get). Betting exchanges offer the opportunity for one to both back and lay.

Every bet transacted requires a backer and a layer. A Betting Exchange requires both backers and layers.

In Play Betting

Exchanges allow bets at the time of running a race or match being in the progress. This feature may be restricted to the most popular events for which widespread, live television coverage is available.

Sometimes markets may be actively managed by the operator. In this time, betting will be briefly halted after each occurrence (while scoring football matches goals and penalty kicks) so that unmatched bets can be cancelled.

Traders and Arbitrageurs

Arbitrageurs can attempt to simultaneously bet on all possible outcomes in order to make a guaranteed profit. A trader is willing to take on extra risk and bet on events where no immediate profit may be possible. A trader hopes to make more profit by closing out the bet. Closing out a bet for profit involves collecting more money. When the event does not occur, no money is lost. While the event is in progress in-play, betting is offered.

Traders can make money by betting exchanges. The trader could lay at a low amount on a Betting Exchange but back at a higher price with a bookie or another exchange. This must be performed simultaneously to guarantee a profit. Wagers can be placed on the telephone but most of bet fair’s business occurs on the internet by using credit or debit cards.

Make profit by betting calculator and be successful by the opportunities of Betting Exchange.

We hope you get a better knowledge about Betting Calculator and Betting Exchange.

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