The betting calculator works based on the odds as well as how much money you are placing as your bet. Depending on what bookmaker website you are using, the results may be displayed in different formats. Some will simply display the amount of money that you could win, while others will display the possible outcomes over multiple bets, which can help you make a more balanced decision in your wagering.
Most calculators for UK based bookmakers (such as Ladbrokes, Bet365, etc) will have their betting calculator in the UK standard form. However, there are calculators available that will allow you to input odds in decimal form as well. If you are planning to go into a betting shop in town, it is best to calculate your odds ahead of time. Otherwise, online bookmakers will generally give you free access to their calculator.
By using a bet calculator, you can work out some more advanced betting techniques that you might not otherwise be able to do by hand. Of course, you can always do the traditional single or multi bets (one, two, three, or four bets) – but once you become more experienced, there are some advanced footy betting techniques that the calculators can assist you with. There are options ranging from the Patent, which involves 7 bets, all the way up to the Lucky 15 or the Lucky 31, which involve 15 or 31 bets respectively. Some have even taken the time to master the Heinz betting technique, taking out 57 bets over six separate options. While these more advanced options might not be great for beginners, those who are more experienced can end up discovering ways to boost their winnings significantly.
There are a few important things to keep in mind when using a football bet calculator. For one, not all of them are totally accurate. If you are using a third-party calculator, you may find that they round up or down when calculating possible winnings, which can cause confusion in some cases. If you are using an online football betting bookmaker, the best bet is to use the calculator that they provide for their members.