Single Bet Calculator UK | Work Out Your Profits with Our Top Tool

Sports betting writer

Updated: 19 October 2023

There are plenty of different types of bet when it comes to sports betting in the UK, but by far the simplest is the single bet. When you use a single, you just bet on one event, and one outcome. If the outcome is the result, then you win, and if it is not, you lose! We told you it was simple! You can make it even more simple by using our single bet calculator. Just pump in the odds and your stake, hit ‘calculate’ and your returns or potential returns are displayed. How easy is that?

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Single & Each Way

Stake:

Odds Format:

Each Way:

Yes No

Odds:

Rule 4:

Result:

Total Stake

Total Return

Total Profit

Contents

What is a Single Bet Calculator?
How to Use our Single Bet Calculator
What is a Single Bet?
Calculate an Each Way Single Bet
Other Popular Calculators
Best Free Bet Offer UK Table:
FAQs

What is a Single Bet Calculator?

Our single bet calculator is an invaluable tool that will allow you to calculate the potential payout of a single bet. By entering the odds of your chosen outcome and the amount you want to bet, the calculator will give you the exact details of how much you could win. This is a useful tool because calculating potential payouts can be complex, especially when dealing with fractional or decimal odds, and who wants to be bogged down in mathematics when you’re placing a bet?

Some odds and odds formats are easy to understand, whereas others (and in particular American odds) are not. Working out the winnings from a £1 bet at 2/1 is easy, but how about a £1.74 bet at American odds of -110? Don’t worry about the maths – allow our single bet calculator to do all the hard work for you!

How to Use our Single Bet Calculator

Our single sports bet calculator is a very versatile tool, so you will need to make sure that you have all options set correctly before you hit that ‘Calculate’ button. There are five buttons right along the top of the calculator – for single bets (win or each way) make sure you have the ‘Single & Each Way’ button selected. The text below the row of buttons will show which option you have chosen.

Enter your stake in the box provided, and then choose the odds format you are working with. There are three options currently available: Fractional, decimal and American. Note that you can covert odds between types once you have entered them – our single bet calculator will convert the odds automatically.

Choose the ‘Each Way’ option selection if your are placing an each way bet. If not, leave this option on ‘No’.

‘Rule 4’ is for horse racing single bets. Rule 4 applies when a race has at least one non-runner. A reduction in your winnings will occur when this happens. Select the reduction amount (the result card from the race will tell you if Rule 4 applied). Rule 4 reductions are represented as ‘pence in the pound’ so simply select the pence amount.

The penultimate step is the set the result. Here you have five options – Won, Placed, Dead Heat, Lost or Void. To calculate potential winnings, select ‘Won’. To calculate any winnings post event, select the outcome of your bet.

Hit that ‘Calculate’ button! Your total return (the money in total you get back from your bookie) and profit (return minus your stake) are both displayed.

What is a Single Bet?

The majority of bets placed at online bookies in the UK are single bets. You pick a competitor, and you bet on the competitor to do something. The most common outcome wagered upon is the win, but you can bet on your competitor to do anything – draw, finish third, lose, score a goal, hit a hole-in-one, double fault three times in the same set … as long as you are betting on a single outcome, then your bet is a single bet.

In football betting, the most common type of single bet is a bet to win, but you can also bet on teams to draw, lose, keep a clean sheet, score at least two goals, etc. You can place single bets on players to score, receive a booking, covert a penalty and so on.

In horse racing you can pick a horse to win, place, not win, not place and so on. You can even bet on a jockey to win at least one race during a meeting.

In the NFL you can bet on a team to win, or score at least three touchdowns, or to concede a safety. With eSports you can bet on a team to draw first blood, or win the first map!

If we were to explain all potential single bets, this page would take longer to read than War & Peace! Just be secure in the knowledge that a single bet is a bet on a single outcome. If the outcome is the same as your predicted outcome, then the bet wins, and if not, you lose!

Calculate an Each Way Single Bet

Our single bet calculator can easily be used as an each way single bet calculator too. If you choose the ‘Each Way’ option then you will notice that an extra box will pop up labelled ‘place term’. This is the fraction of your stake that applied to the place section of your bet. It is automatically placed at ‘1/4’ (a quarter) is that is the each way term most commonly set. Other options are available, though.

Each way bets are most common with horse racing and combine two bets with one – a win bet and a place bet. Half your stake goes on the win bet, and half on the place bet. To understand each way betting, it’s best to work through an example.

Say you placed a £2 each way bet on ‘Logan Links’ in the 2.50 at Chepstow, at odds of 4/1. It’s a handicap race with 18 runners, which means finishing first, second, third or fourth counts as a winning place bet. A winning place bet is also paid out at one quarter of the odds. Your each way bet on Logan Links is a £1 win bet and a £1 place bet.

There are four main possible outcomes, and these are all explained and calculated below:

Logan Links finishes first:

Win bet = £1 at 4/1 win = £4 + £1 stake returned (£5)
Place bet = £1 at 4/1 win = £4 / 4 (quarter the odds) = £1 + £1 stake returned (£2)
Total returns £7, profit £5

Logan Links finished second, third or fourth:

Win bet = £1 at 4/1 lost = £0
Place bet = £1 at 4/1 win = £4 / 4 (quarter the odds) = £1 + £1 stake returned (£2)
Total returns £2, profit £0

Logan Links finishes fifth, further down the field, or does not finish

Win bet = £1 at 4/1 lost = £0
Place bet = £1 at 4/1 lost = £0
Total returns £0, profit -£2

Logan Links is a non-runner

Win bet = £1 at 4/1 void = £0 + £1 stake returned
Place bet = £1 at 4/1 void = £0 + £1 stake returned
Total returns £2, profit £0

As you can see, the potential calculations with an each way bet can be quite complex, which is why it is probably best that you use our each way single bet calculator instead.

Other Popular Calculators

As well as our patent single bet calculator, we have created a number of other free bet calculators that we think that you will find very useful. Just click on any of the links below to use any free bet calculator that we can offer to you.

Best Free Bet Offer UK Table:

It’s our job to keep you informed about all the leading free bet offers available at online bookies in the UK. We’ve scanned the field for the best deals that have the friendliest terms and conditions, and we now present them to you below.

We do our best to keep things up to date, but sometimes a bookie may change their deal before we have the chance to update our info. For this reason, it is always best to check with the bookie mentioned to see if the offer we are displaying is accurate. In most cases, the offer you see below is accurate, but it doesn’t hurt to check.

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Single Bet Calculator – Calculate Single Bet Winnings

What is a Single Bet Calculator?

How to Use our Single Bet Calculator

What is a Single Bet?

Calculate an Each Way Single Bet

Other Popular Calculators

Best Free Bet Offer UK Table:

FAQs

What is a single bet calculator, and how does it work?

What information do I need to enter into your single bet calculator?

Can your single sports bet calculator be used for all types of bet?

Is your single bet calculator accurate?

Do I need to use a single bet calculator, or can I work out my winnings manually?