Reverse Bet Payout
How to Use the Action Reverse Wager Calculator 1. Choose the “Reverse Type”: “Win Only” if you want to specify that both teams win, or “Action” if you want a push to. Enter the “Notional Bet”, which is the amount in dollars that you wish to wager on the reverse bet at a particular. If you bet on the Eagles -13.5, Philadelphia would need to win by 14 or more points in order for your football spread bet to pay off. That makes it harder, but you will earn a much greater profit. An action reverse bet is two or more if bets that structure multiple individual bets in a causal sequence. In an if bet, if the initial line or wager wins, the next bet in the sequence is automatically placed. If the initial line or wager loses, no additional bets are placed. American Odds are the default odds at American sportsbooks. These odds are based on winning $100 for a given bet. Betting a Favorite: The odds for favorites will have a minus (-) sign, and represent the money you need to risk to win $100. So if you're betting on the Packers at -140 against the Vikings, that means Green Bay is a slight favorite.
Whether you are new to the world of betting or somewhat of an old hand when it comes to having a flutter every now and again, you will undoubtedly be aware of the sheer range of options at bookmakers like Betfair and Paddy Power when it comes to having a bet.
While putting money on a horse winning a race may sound like a relatively straightforward matter, there is a wide range of bets available. For example, are you planning to keep it simple with a single bet on one race? Or, alternatively, are you looking to take a chance on a larger gamble with an accumulator?
Thankfully, that is where online odds calculators come into their own. These handy tools can make a huge difference to your betting activity, providing you with a full overview of the options available and ultimately helping you to place the bet – or combination of bets – that works best for you.
In this article, we are going to take a closer look at the concept of odds calculators, how they tend to work, and the key benefits that they can offer in terms of boosting your betting balance.
What is an odds calculator?
On the most basic level, odds calculators are designed to help you understand the implications of your bets and ultimately determine what returns you will receive if you are successful.
Such tools tend to operate in a standard format, with them first asking you to input the type of bet that you have made or are planning to make. This could be anything from a single to a Yankee to Super Heinz or an accumulator. Once you’ve provided this information, you will then be asked to enter the odds on your bet and also the stake that you’ve placed on it. The calculator may also ask you to either enter the odds in the decimal or fraction format, but we will touch upon the key issues related to that further on in this article.
You will then repeat that process however many times is necessary – for example, if you have placed multiple bets – and then may also be able to add information related to Dead Heats or any situation when Rule 4 may have come into play. The latter offers compensation in the event that a horse withdraws from a race after a bet is placed.
Clear benefits
After providing full information regarding your range of bets, the odds calculator will then take care of the hard work by doing the maths and generating an overview of the bets you have made or are planning to make, as well as the potential returns which will be available if you are successful.
Choose your each-way terms with the odds calculator – these vary based on the number of runners and the type of race
As you may have already realised, such tools offer clear benefits to horse racing fans whether they are planning for future races or even checking what their final winnings will be after placing several bets. The ability to input information on a combination of bets is a particular benefit, as it ensures you do not get a headache while attempting to consider the potential outcomes of the bets you have made.
Fractions vs decimals
For a great number of horse racing fans, the use of fractions is the traditional way of viewing the odds for the runners and riders, but the use of decimals is something which has grown significantly across recent years, too. The concept operates on the straightforward notion that you simply multiply a stake by the decimal shown and the outcome will be your total winnings. For example, if you place a £1 bet on a horse with odds of 4.00, you will get a return of £4.
While the use of decimals may seem very simple in that respect, it is worth bearing in mind that the concept offers up one fundamental difference in comparison to the use of fractional odds. When it comes to decimal odds, your stake is always factored into the return that you calculate but this is not the case when following the fraction method. In terms of the latter, if you put £1 on odds of 4/1 you will receive £4 in profit but also get your £1 stake back too – so £5 in total. As such, the fraction allows you to work out your winnings, but you will also need to factor in that your stake will also be returned to you as well.
A better understanding
Craps Place Bet Payout
It goes without saying that a huge number of people across the globe love betting on horse racing with bookmakers like Betfair and Paddy Power, whether they are attending race meetings in person, following the action on TV, or online via streaming services. You can get free Timeform tips for every British and Irish horse race and free Infogol tips on Europe's biggest football leagues. However, it is also true that some can find it a complicated world to navigate around and they often want a bit of a helping hand to get started.
Action Reverse Bet Payout
Whatever your level of experience, taking some time to gain a better understanding of how the different formats for odds work can be an important step towards making informed decisions on your betting. Furthermore, the use of odds calculators can help you fully understand how specific combinations of bets could put you on the path towards winning big and also ensure you are fully aware of the winnings that you are due.
Types of Craps Bets
Line Bets:Single Roll Bets:
Multi Roll Bets:
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This is the best bet in the casino and my personal favorite. The don't pass/come bet is used in conjunction with the don't pass line bet or don't come bar bet. Basically when you wager on the don't pass or come line, you can use this free odds bet after a point has been established in order to get paid true odds. I will explain the specifics of this bet below. This odds bet is the same for both the don't pass and don't come wagers.
First of all, when you wager on the don't pass or don't come line, you are betting that the dice will land on a 2, 3, or 12 to win. You will lose if a 7 or 11 is rolled. The important thing to notice is that the number 7 comes up more frequently than any other number. In order to activate the odds bet, you need the shooter to roll one of the point numbers (4, 5, 6, 8, 9, 10). Remember that the odds of rolling any point number is better than the odds combined of rolling a 7 or 11.
Once the point is established, a player may make bets in multiples of your original line bet such as 1x, 2x, or 3x. Note that in big casinos like Atlantic City and Vegas, players have the opportunities to wager 10x, 50x and even 100 times the original bet on the odds bet. The free odds bet pays out true odds. Yes, that actually means the house has no edge (0% edge). Though they still have an edge on your original line bet. The rule to remember is that the more money you wager in odds bet, the lower the house edge gets overall on your total bet.
The don't pass line has a 1.36% house edge. Adding on a don't pass odds bet will decrease that percentage even further. Note that you win both your don't pass odds bet and don't pass bet (or don't come odds bet and don't come bet) when the dealer rolls a 7 before the point number, which is more likely than the point number and benefits you even more. The numbers 6 and 8 pay out 6:5 odds, 5 and 9 pays out 3:2 odds, 4 and 10 pays out 2:1 odds or $2 for every $1 wagered.
I added a picture to make things a little clearer and I will explain it below. First I made a don't pass line bet and the shooter rolled a 10, which became the point number (indicated by the 'ON' disc located on 10). The dealer then moved my chips to the 'don't pass' area of the 10 section in the craps layout. I was then able to use the don't pass free odds in multiples of 1x, so I made an addition odds bet equal to my original bet, so there are two stacks of chips both worth $88 each. If the dealer rolls a 7 before a 10, I will win both bets. Recall that I will be paid 1:1 on the original don't pass line bet, plus 2:1 on my odds bet.
The don't pass line bet used with maximum don't pass odds bet is the absolute best bet you can make in craps or anywhere else in the casino! This has slightly better odds than even the regular pass line bet used with pass odds, so it gives you the best mathematical odds possible. In fact, the casino doesn't actually display the odds bet on the craps table layout and that's why it is sometimes known as the 'secret craps bet'.
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