#Horse wager calculator free
WinningPonies and Equibase Company LLC disclaim responsibility for the consequences, if any, of such errors, but would appreciate having any such errors called to their attention. Use the free horse racing betting calculator for handicappers to determine cost of exotic wagers based on wager type and combinations. Data provided or compiled by Equibase Company LLC generally are accurate but errors and omissions occur as a result of incorrect data received from others, mistakes in processing and other causes. What does 2. The horse will triumph first and foremost. Reuse of this data is expressly prohibited. A two-way wager involves wagering on both outcomes. This product was created with data that was supplied by and is proprietary to Equibase Company LLC.
#Horse wager calculator plus
A higher Kelly amount will result in higher profits but a greater likelihood of going bust at some point. Spoken: 6 to 5 odds Meaning: You will get 6 in profit for every 5 you wager Actual Payout: 6 divided by 5 plus 1 2.2 times original 5 wager 11.00. Enter your total bankroll (across all bookmaker and financial accounts) and your preferred fractional Kelly amount.If you are satisfied, move onto the next section where you will calculate the optimal stake. A positive number indicates positive expected value and a negative number, negative expected value. Examine the expected value of the bet.Horse racing wagers are computed in the same way as any other wager: the.
Enter the sharp bookmaker odds for each of the outcomes. Using the bet calculator you can calculate your profit from all types of bets. If using Mode 3, enter the number of possible outcomes for that match.If using Mode 2, enter the equivalent sharp bookmaker odds for that outcome occurring.If using Mode 1, enter the true probability of that outcome occurring.Enter the soft bookmaker odds that you think represent value.If you know the sharp bookmaker odds for all outcomes of that match, use Mode 3 (the most accurate). To calculate the payout of a 50 bet on the Buffalo Bills, divide 115/100 and multiply by. If you know the sharp bookmaker odds for that outcome only, select Mode 2. To calculate '+' odds, divide the odds by 100 and multiply that product by the amount of the wager. If you know the true probability of an outcome occurring, use Mode 1. You simply choose the wager type and amount before selecting the horses to be used in each slot. Select your preferred mode for calculating value based on what you know. Most of the apps and online racing calculators are easy to use.
Once you have calculated the edge/value, use the staking section to determine your optimal stake based on the Kelly criterion ( instructions below). Use this if you know the sharp bookmaker odds for all outcomes and want to take into account the vigorish, to work out their true estimate probabilities (most accurate).
This will overestimate the value as it does not consider the sharp bookmaker vigorish, or profit margin. Use this if you want to directly compare sharp bookmaker and soft bookmaker odds for the same outcome. Mode 2: You know the sharp bookmaker odds and soft bookmaker odds.Use this if you have a crystal ball that tells you the true probabilities. The most common form of value betting calculator. Scratches: If a horse is scratched, all Win/Place/Show bets will be refunded and the portion of Exacta/Trifecta/Quinella Combos that contain the scratched horse will be refunded. Clients are responsible for their selections of both horse and race numbers. Mode 1: You know the true probability of an outcome and the soft bookmaker odds. Specifying Horses and Races: Horses are identified by saddlecloth number, not by name.The calculator has 3 modes which you can use to do this. We calculate the edge/value of a particular bet by comparing the sharp bookmaker odds with the soft bookmaker odds.
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