Horse Bet Calculator – See What Your Horse Racing Wagers Could Payout
Use our horse bet calculator to determine your potential winnings from various horse racing bets. From single and each-way betting to system and accumulator bets, our handy tool covers it all.
What is a Horse Racing Calculator & How It Works
A horse racing calculator is an online betting tool you can use to calculate your potential returns. Our calculator works great with our horse racing tips and potential winnings. However, it’s also compatible with any bets once you know the odds and stakes.
Follow these steps to calculate your potential payouts with our horse racing bets calculator.
- Choose Your Bet Type – For example, an accumulator bet or double.
- Enter Odds and Initial Stake – You’ll need both to use our horse bet calculator.
- Choose Betting Odds Format – You can work out potential returns in fraction format, decimal format, or American format.
- Select Dead Heats or Rule 4 – If dead heats or Rule 4 deductions apply, click on them.
- Hit the Calculate Button – Work out your potential outcomes by hitting the black button.
Whether you’re working out a patent bet or a treble, calculators can save you time.
Rule 4 & Dead Heats in Our Horse Bet Calculator
Rule 4 deductions apply when horses are withdrawn after final declarations, usually 24-48 hours before the race. Our horse racing bet calculator makes it simple to account for this – just select the Rule 4 option from the dropdown.
You can easily see how much will be deducted from potential winnings when Rule 4 is applied.
| Betting Odds Threshold | Deduction Amount in Pence |
| 1/9 or shorter | 90p |
| 2/11 to 2/17 | 85p |
| 1/4 to 1/5 | 80p |
| 3/10 to 2/7 | 75p |
| 2/5 to 1/3 | 70p |
| 8/15 to 4/9 | 65p |
| 8/13 to 4/7 | 60p |
| 4/5 to 4/6 | 55p |
| 20/21 to 5/6 | 50p |
| Evens (1/1) to 6/5 | 45p |
| 5/4 to 6/4 | 40p |
| 13/8 to 7/4 | 35p |
| 15/8 to 9/4 | 30p |
| 5/2 to 3/1 | 25p |
| 10/3 to 4/1 | 20p |
| 9/2 to 11/2 | 15p |
| 6/1 to 9/1 | 10p |
| 10/1 to 14/1 | 5p |
You can also use our horse bet calculator for dead heats. These occur when two or more runners cross the line together and are inseparable after a photo finish. Above all else, you’ll need to account for dead heats in returns for bets on a wide range of wager types including doubles, trebles, Lucky 15 bets, and more.
Available Formats for the Horse Racing Odds Calculator
Our horse racing odds calculator is the perfect tool to adjust your potential winnings accordingly. Feel free to convert odds when the racing results are in or even beforehand.
Our effective calculator tool supports the three most popular odds formats in the UK.
- Fractional Betting Odds – Fractional is the most commonly used format in the UK. The left number shows potential profit and the right is the stake. For example, 10/1 pays £10 for every £1 bet.
- Decimal Betting Odds – Popular in Europe and Australia, decimal odds show potential returns including stake. Odds of 3.0 mean £1 bet returns £3.
- American Betting Odds – Most commonly used in the US, odds with a “+” show profit on a $100 bet (+175 = £175), while “-” shows the stake needed to win £100 (-175 = £175 stake).
To convert prices or winnings from bets on racecards, simply pick your preferred format of odds from the dropdown box. Our easy horse racing betting calculator tool does the rest.
Kinds of Bets You Can Work Out on Our Horse Racing Bet Calculator
We’ve designed our horse racing betting calculator to work out winnings from several different bet types. Here’s what they are and what’s required to win.
- Single – One bet on a horse to win.
- Each Way – This bet has two parts – one to win bet and another place bet.
- Double – A bet combining two selections – both must win.
- Treble – Three selections in one bet, where all must win.
- Accumulator – Combines 3+ selections (all must be winners).
- Trixie – Four bets from three selections (3 doubles, 1 treble).
- Patent – Seven bets from three horses (3 singles, 3 doubles, 1 treble).
- Yankee Bet – Four selections with 11 total bets (6 doubles, 4 trebles, 1 accumulator).
- Lucky 15 – Four selections making up 15 bets (4 singles, 6 doubles, 4 trebles, 1 accumulator).
- Canadian / Super Yankee – Five selections with 26 bets (10 doubles, 10 trebles, 5 four-folds, 1 accumulator).
- Lucky 31 – Five selections featuring 31 bets (5 singles, 10 doubles, 10 trebles, 5 four-folds, 1 accumulator).
- Heinz – Six selections forming 57 bets (15 doubles, 20 trebles, 15 four-folds, 1 accumulator).
- Lucky 63 – Six selections creating 63 bets (6 singles, 15 doubles, 20 trebles, 15 four-folds, 1 accumulator).
- Super Heinz – Seven selections making 120 bets (21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds, 1 accumulator).
- Goliath – Eight selections with 247 bets (28 doubles, 56 trebles, 56 four-folds, 70 five-folds, 56 six-folds, 28 seven-folds, and 1 accumulator).
You can calculate winnings quickly from your favourite type of betting market with our calculator. We’ve designed it to be the type of bet calculator horse racing punters want, so you can tailor it to all popular bet types and formats.