Double Bet Calculator for Sports Betting
A double is the simplest type of multiple bet as it only involves two selections. The main benefit is that your payout will be bigger if both selections win when compared to placing two single bets. However, to win, both selections must win. This increases the risk. While calculating the potential return and profit on a double is straightforward, many use a double bet calculator to help them do it instantly and without error.
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Double Calculator
| # | Outcome | Odds (decimal) |
|---|---|---|
| 1 | ||
| 2 |
Total Outlay
Total Return
Total Profit
What Is A Double Bet Calculator?
A double bet calculator allows you to calculate the return and profit based on your double. You can use it to swap odds in and out, to see how this affects things. A double differs from placing two single bets as the money won on the first bet is then placed on the second bet. This makes the mathematics a little more complicated, which is why many smart bettors use a double bet calculator.
It is important to note that doubles involve betting on two independent events. In a double, you can’t bet on one horse to win a race and another horse to finish second in the same race. This would be a Forecast bet.
How To Use A Double Bet Calculator
Just follow this step-by-step guide when using our double bet calculator:
- 1. Convert your odds into decimal format
- 2. Enter the odds for your two selections
- 3. Input your stake (per bet or total)
- 4. The calculator will then state your total outlay, return, and profit based on the parameters selected
Conclusion
While double bets are the most straightforward system bets, the mathematics can still be complicated. This is why many people turn to a double bet calculator to help them calculate potential returns and profits. A double bet calculator works instantly and means there is no the need for manual calculations, reducing the chance of human error in the process.
