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Here we have our double bet calculator where you can work out the profit and total returns from any doubles that you place with the bookies. As you may take two very different prices, doing the maths on what such wagers pay out yourself could be difficult. Take the fuss and potential headaches from mental arithmetic out by using our user-friendly tool that calculates everything for you.
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Single & Each Way
What is a Double Bet Calculator?
One of the many functions that our free bet calculator can do for you is work out how much a double is worth if it wins. You may want to check this out in advance of placing your wagers, so you’re absolutely crystal clear about the potential profit and return from taking such a punt.
Multiple bets are commonplace on the top betting sites nowadays with doubles being one of the least complex options out there. Our first port of call here is to explain what a double is to you. This is a bet on two outcomes from different events together in one wager. Both selections go together on the same betslip. Let’s work through an example.
You want to bet on Manchester United to beat Aston Villa at Old Trafford and Liverpool to win at home to Tottenham Hotspur. Locate both teams in the latest Premier League betting on matches, and you find United are 5/6 (1.83) favourites and Liverpool available at 4/7 (1.57). When you’ve added both picks to the betslip, the odds combine by being multiplied together.
This double wager works out at around 15/8 (2.88). Both teams must win in order for the bet to payout with an £8 stake yielding £15 profit and total returns of £23. Doing such calculations manually on any multiple bets is tough. That’s why we have a double bet calculator to help you on this very page.
Our example of a Double bet is two selections on odds-on favourites. If you combine a couple of picks at odds against, then an even bigger return is possible. Try out out handy tool for yourself and see what doubles at various prices could pay.
Using Our Win Double Bet Calculator
Now that you understand how betting on doubles work, we’ve got some simple instructions for using our automatic calculation device above. Just follow these steps and you’ll soon see what your next double bet is worth:
Choose Double from the list of bet types across the top of the calculator if it’s not selected already.
Add in the stake for your bet into the top left-hand box.
Choose the odds format that you want to see the double expressed in. Your options here are fractional odds, decimal prices or American odds.
We’ve included the option of an each way bet if needed. This is done using a Yes / No tab. More on this later, so select No.
Add the odds in the correct format for the two legs of your double into the calculator.
Fill in the Results box with the appropriate option. Choose from: Won, Dead Heat (if applicable), Lost or Void. Placed is also an option if you’ve done an each way double.
Hit the Calculate button and our tool reveals the total stake, returns and profit in separate boxes at the bottom.
How to Use an Each Way Double Bet Calculator
Certain doubles like those relating to horse racing betting are something you can put on each way if you wish. Doing that maths here is even more complicated, so a calculation tool is the order of the day here. We’ve built such a function into what’s on offer here automatically.
The great thing about our each way bet calculator is it’s as simple as clicking on a box really. We’re not exaggerating as that is how straightforward things are. With an each way bet, your unit stake doubles to cover both win and place parts of the wager. Combined with a double, you’ve got two selections both for outright victory and then a fraction of those odds for whatever place terms you took.
Our each way double bet calculator helps make all that clear to you. It’s activated simply by choosing the Yes option from where the tool asks about whether your wager is this type of not. You’ll then to enter the place terms struck.
With horse racing, these are set out in Tattersalls Rules on Betting Rule 3 with a quarter or a fifth available as standard depending on the number of runners and type of race. Each way bets are also available on other sports including outright football markets.
Our tool lets you calculate what happens if one leg wins and the other places, or both selections finished place, or if you get really lucky and the two picks win. It’s flexible and covers all bases and outcomes. Just make sure you populate it with the right information.
Other Wagers You Can Calculate Besides Doubles
The double is just one of quite a few options built in here. Check out more automatic calculations for each of the following bet types across the top of SafeBettingSites’ patented tool:
T&Cs apply. New customers, Deposit & Place a Bet within 7 days, and settle a £10 minimum bet at odds of 4/5 (1.8) or greater, to be credited with 3x £10 free bets: 1 x £10 Horse racing, 1 x £10 Free Bet Builder and 1 x £10 Football. Stake not returned. Opt-in required. 18+ BeGambleAware.org.
Open only to new BetUK.com players. Aged 18 or over. Opt-in required by clicking on the “Claim” button on the player’s “My Offers” page. Offer is available on mobile browser and app only. Offer must be claimed and qualifying bet must be made within 7 days of registration. Only bets with minimum odds of 1.5 qualify for this promotion. Qualifying bet must be a bet of at least £10. Void, cashed out, or partially cashed out bets do not qualify for this promotion. Once the qualifying bet settles 3x £10 free bets will be awarded. Free bets must be used on bets with 4 or more selections. Each selection must be at odds of 1.3 or greater. The free bets will expire seven days after they are awarded if they remain unused.
This offer can only be claimed once.
Free bet stake not included in any winnings.
Bets placed with free bets do not qualify towards the promotion.
General T&Cs apply
Plus Best Odds On All Premier League Matches (fixed odds Match Odds, pre-match v top 5 bookies on Oddschecker). Join and place a £10 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. 18+ begambleaware.org. Spread betting losses can exceed deposit.
Once the bet is settled, get a £10 free fixed odds bet plus a £5 free Total Goals football spread bet and a £5 racing Winning Favourites spread bet. The second £10 free fixed odds bet, £5 free Total Goals football spread bet, and £5 racing Winning Favourites spread bet will be credited 24 hours later. Free bet stakes not included in any winnings from the free fixed odds bets. The free fixed odds bet can be placed by ticking the 'Claim as Free Bet' button on your bet slip when placing your chosen fixed odds bet. The free bet can be placed in-play but cannot be cashed out in-play and must run to the conclusion of the bet.
You need to open a full sports spread betting account to use the 2 x £5 free Total Goals football spread bets and 2 x £5 racing Winning Favourites spread bet. Whilst these are free bets, please remember that when Spread betting it is possible to incur losses that exceed your initial stake. Free bets expire in 28 days if unused. Promotions available to 18+ aged individuals who are registered customers of Spreadex.
Spreadex
Privately Held
1999
St Albans, UK
Bet £10 get £10 free bet
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18+. New Customers Only. Max Win £10 Free Bet. Qualifying bets at Odds of 1/1 or greater. Paid as Bonus Toker Min 4/5 Odds Req. Skrill, Neteller, Paypal not eligible. T&Cs Apply
New customers residing in the UK who are at least 18 years old and who register for an account with us on any day other than Aintree’s Grand National day (15/04/2023). Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.
New customers residing in the UK who are at least 18 years old and who register for an account with us on any day other than Aintree’s Grand National day (15/04/2023). Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.
Betfred
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FAQs
What is a double bet?
A double is where you put two selections from different events together in one bet. Both outcomes must be winners in order for you to get a payout from the bookies.
How is a double bet calculator helpful?
Calculating your doubles helps because you can see how much profit, relative to a certain stake, is on the line with such a wager. Any service you can use for free, like ours, that does this automatically and quickly for you is a good thing.
Are double bets worth it?
They sure are if you win. You do need to pick two winners, though, so bear that extra risk compared to a win single in mind. What makes a double so satisfying is the odds for the legs get multiplied together, creating bigger returns and profits.
Why use a double bet calculator?
The obvious reason for using a calculation tool like the one on this page to work out doubles is convenience. Some of the multiplication involved can be difficult even for people who are good at maths. It’s easier to use a calculator.
How many legs in a double?
There are two legs in a double. Both of them must win, unless you’ve gone each way, for bookmakers to settle the wager as a winner.
Should I place each way doubles?
If you can, then why not! Each way doubles do have double the unit stake of a win only one, but can mitigate some of the extra potential loss. Provided you can break even from the place part of the wager on both legs, then that gives you every incentive to bet this way.
Jamie Clark
Equine expert
Jamie Clark has worked in the sports betting and related industries for over a decade now. He edited Coral bookmakers' digital platforms for three years prior to its merger with Ladbrokes. An equine expert who grew up in a strong betting environment, he also has a passion for track and field athletics. Jamie has covered all major sporting events with a focus on gambling from World Cups to Ashes Series, Grand Slams and even the Olympics since 2012. Following a successful spell as a freelance tipster and writer for the leading UK betting firms, he rejoined SportsLens in 2021 as horse racing editor after working for the site before when it was SoccerLens. You can also see long form content from Jamie across a range of different sites. He is still finding you winners on all of the day to day and major horse racing events worldwide, covering the UK, Ireland and big races in Australia, France, the USA and beyond. Jamie has written thousands and thousands of articles, features and tips for various markets and audiences. Check out his latest content right here. You just might learn something!