Patent Bet Calculator
Calculate Your Patent Bet Returns
The Patent Bet Calculator is a powerful tool for calculating the potential returns and profit from your Patent bets.
With three selections and seven bets in total, this calculator simplifies the process and handles all combinations and outcomes efficiently.
Designed to account for Rule 4 bet alterations, each-way betting and various odds formats, this tool is perfect for both casual and seasoned bettors.
What Is A Patent Bet?
A Patent bet consists of seven individual bets placed across three selections in different events.
These bets include:
- 3 Singles (one for each selection)
- 3 Doubles (covering every combination of two selections)
- 1 Treble (all three selections combined)
This structure ensures that even if only one selection wins, you still receive a return.
However, the more selections that win, the higher the payout will be.
Why Use A Patent Bet Calculator?
A Patent bet involves multiple combinations, outcomes and potential conditions like Rule 4 deductions.
The Patent Bet Calculator simplifies this complexity by:
- Handling all combinations: Automatically calculates returns and profit based on the odds, stake and outcomes.
- Providing customisation: Includes options for Rule 4 deductions, each-way bets, and all popular odds formats (Decimal, Fractional, or American).
- Saving time: Offers quick, accurate results so you can focus on your betting strategy.
How To Use The Patent Bet Calculator
Follow these step-by-step instructions to calculate your Patent bets:
1. Choose Your Odds Format:
Begin by selecting your preferred odds format:
- Decimal (e.g., 6.00)
- Fractional (e.g., 5/1)
- American (e.g., +500)
2. Indicate Each-Way Bet:
Specify whether your Patent bet includes each-way bets by selecting "Yes" or "No".
Each-way bets double your stake, covering both the win and place outcomes.
3. Apply Rule 4 (If Applicable):
If Rule 4 deductions apply (due to non-runners or other reductions in odds), choose "Yes" to include these adjustments in the calculation.
4. Input Betting Odds for All Three Selections:
Enter the odds for all three selections in your Patent bet.
5. Select the Outcome for Each Bet:
For each selection, choose one of the following outcomes:
- Winner: The selection wins outright.Loss: The selection loses.
- Void: The selection is void, often due to non-runners or event cancellations.
- Dead Heat: The selection ties with others in the event.
6. Enter Your Stake Amount and Type:
Input your stake and specify the stake type:
- Stake Per Bet: The amount wagered on each of the seven bets.
- Total Combined Stake: The total amount staked across all seven bets.
7. Review the Outputs:
Once all the details are entered, the calculator will instantly provide the following results:
- Total Outlay: The total amount of money staked, including each-way bets if applicable.
- Total Return: The total payout based on your inputs, including bonuses and Rule 4 adjustments.
- Total Profit: The net profit after deducting your total outlay from the total return.
What Makes This Calculator So Useful?
The Patent Bet Calculator is tailored to simplify this multi-bet type by:
- Supporting advanced features like Rule 4 deductions, void selections and dead heats.
- Offering flexibility with each-way options and all major odds formats.
- Providing a user-friendly experience for bettors of all levels.
Simplify your Patent bets with this calculator, and get accurate, efficient results for every combination.