treble odds calculator. Accumulator – Key Differences and Considerations. treble odds calculator

 
 Accumulator – Key Differences and Considerationstreble odds calculator  Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate

Treble Bet Calculator; Each Way Bet Calculator; Accumulator Bet Calculator; Betting Guides. Toggle. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. Select your “stake” This is the bet amount. When placing a Lucky 63, you are betting on 6 outcomes in 6 different events on 63 betslips which are split into 6 singles, 15 doubles, 20 trebles, 15 fourfold. Place: 10 divided by 5 is 2/1, so the Place bet pays £5 at a price of 2/1, returning £15 – £10 profit and your £5 stake returned. Bet 2 is a 2/1 Single Bet using the return of bet 1 as the stake. Once the odds and Rule 4 for your picks are known, using the treble calculator becomes a relatively simple process. Alternatively, you can use the accumulator calculator. A Patent bet calculator is a tool that helps bettors determine the potential returns and profits of their Patent bets. Let’s use a football betting example to make this explanation easier. A Treble is an accumulator of 3 selections, if there are 4 selections it could be called a 'Fourfold' with 5 selections a 'Fivefold', etc. You select Everton, Fulham and Arsenal all to win, and the odds of each of these individual matches are multiplied together totalling 7. Accumulator – Key Differences and Considerations. Champions League Matches Tuesday 28th November 2023. Treble Football Bet Example. Obviously the more runners in each race then the higher the odds against having a correct double. Finally, the parlay payout is your own stake multiplied by the parlay odds. A treble bet calculator is a tool that helps you calculate the potential payout of a treble bet. (which is why you will find it in a betting odds calculator), a Yankee encompasses eleven bets in four different events. The Round Robin bet Calculator will work out total outlay, total. Total Return: The Win (£55) plus the Place (£15) equals a total return of £70 from £10 staked, giving £60 profit in total. 00 (2/1) or higher. With each runner now having a 14/4 chance of placing, the percentages now look like this: 5. A Lucky 15 bet consists of the following: 4 singles. Assessing your returns according to the odds available is best done using the William Hill online Lucky 15 bet calculator. Bet type Single Double Treble Fourfold Fivefold Sixfold Sevenfold Eightfold Accumulator Trixie Yankee Canadian / Super Yankee Patent Lucky 15 Lucky 31 Lucky 63 Heinz Super Heinz Goliath Super Heinz with Singles Super. The Treble Bet Calculator allows you to calculate the stake, return and profit for Trebles, permed from up to 20 selections if required, with the same comprehensive range of options available to the Free Bet Calculator. Dead heats. The treble is a bet where three selections are made, and the returns from the first are rolled over to the second, then the returns from the second rolled over to the third. All 3 selections must win for you to make a profit. To win the bet all predictions have to be correct. Free Bets. This calculator finds that equivalent, also taking into account the commission charged by the exchange. So, for a £10 bet on Liverpool to beat Manchester United at 4/1 you’ll win a total of £40 and get your £10 bet back too. The trixie bet calculator by OddsMonkey is a vital tool for anyone wanting to calculate their trixie returns without having to actually place the bet. $1,500 x 200% = $3,000. A: A treble bet is a type of wager that involves placing bets on three different selections in a single bet. Select either back or lay depending on what your bet on the market was. Latest News. The bet returns can be worked out using a betting calculator, inserting all three prices with your stake, which goes onto each selection for a final return. Bet 1 is a 3/1 Single Bet. 88 x 100 = $288This means the pot odds – the ratio of pot size to bet size – usually needs to be offering you 2:1 or better to make this a worthwhile play (e. 5/1 or 7/2. For instance, if you place a parlay bet on three teams with odds of +200, -150, and +300, the combined odds would be +2700, resulting in a potential payout of $2,700 for a $100 bet. Single Patent: Double: Yankee: Treble: Lucky 15: FourfoldThe winning return of a parlay is calculated by multiplying the odds of each individual outcome. Draw returns your stake. 50 Free Spins on Big Bass Bonanza (£0. On an each-way lucky 15 bets, you might have selections with 20 to 1 odds or even 50 to 1 odds and with some bookies offering treble the odds for one winner you can return some big win payouts. Game 2. Here's a step-by-step guide on how to use a bet calculator: Step 1: Choose Your Bet Type. Handicap races with 8 or more runners are 1/4 of the odds. Bettors looking to country a variable hit need to ensure she blog. Eachway. 2. Calculate your parlay/accumulator bets with our parlay odds calculator. The Alphabet betting method is so named as it includes a bet for each letter in the alphabet resulting in a total of 26 stakes made across 6 selections. Double 1: Double 2: Double 3: Treble: Total Return: Total Profit: A Trixie bet is a type of wager that involves placing four bets on three selections. Simply enter the details and the William Hill Betting Calculator will predict your. Free Betting Calculator. A £1 Trixie costs £4. Then go back to the event page and select different odds which have enough money, ensuring to update your calculations (calculator here). Summary of Super Heinz Flag Calculator. Example: Let's say you backed Man United to beat Chelsea with a stake of $100 at an odds of 2. THE ALL BETS SHEET: Tracks details of all your bets YTD. With a treble bet you choose 3 selections. Overall odds: 3. Enter Win/Lose/DH/NR for your 3 selections. Man City may still be celebrating their sensational treble success in style - and. When placing an each way bet it’s not. The Free Bet Calculator is the world’s leading online sports bet calculator. Read more how to get the best betting. Bet £10, Get £40 in Bonuses! Promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. Treble Bet Calculator The quick way to calculate Treble bets With each placed bet a punter adds to the list and the chances mare multiplied meaning. Consider the following horse race accumulator: Selection. Use the Trixie return calculator to work out your winnings online for all sports. This means that bettors can afford to have one of their selections lose and still make a return under the conditions of a trixie bet. EACH-WAY TREBLE: An each-way treble consists of two bets involving three selections in different events. For example, if you were to place a $10 over/under bet on six games at odds of +109 each — standard odds on an over/under bet — your returns would total $833. Odds can then be expressed as 5 : 8 - the ratio of favorable to unfavorable outcomes. This bet type consists of three selections; all three must win in order (or place if an each-way version) to see a return. Firstly, you can set up the calculator to work in Fractional, American or Decimal odds. 91. An accumulator is 1 bet, with no limit to the number of selections. 3 Game Parlay. Follow this link for the Round Robin Parlay Calculator. Man City v Liverpool. Free Bets. Yes, that's over £8,500 for a £1 stake, even with some pretty short odds thrown in. Once there, make sure your bet type is selected as treble, and then enter the odds you prefer. The bet cost is determined by the number of possible winning combinations from the selected horses. The immediate breakdown of profit, of stake is a helpful indicator that can assist all those involved in treble style bets at the sportsbook. 0. Check the rule 4 and/ or dead heat boxes if they apply. The Straight Forecast result is also the name of the value paid out per pound staked following the results of a race. Easier to place a winning bet. If they all come home, you do far more than just treble your profits. Calculate your betting winnings with our tools and always know what you stand to win in any situation. A treble betting odds calculator works out the returns of your winnings on a treble. This gives both outcomes a win probability of 52. The main aim of this calculator is to determine any potential returns in reference to a Union Jack Treble Bet. When you wear’t wish to deposit serious cash, you’ll be able to select special offers, fancy charge £several have got £20. With their easy-to-use online free bet calculator, you can check your potential winnings – depending on odds, stake, and bet type. This is a prediction in which the total outcome of goals in full time must be more than 2 goals. June 15, 2023 ; Profit from extra place offers at the US Open with OddsMonkey. This can be vital for bettors looking to. Android Bet Calculator App Description. g. First of all, you need to decide which type of bet you want, of which we have many, from singles accumulators to goliaths and Lucky 15s, 31s and 63s. The Best Betting Calculator online other than the ace bet calculator found at ace odds to work out betting winnings is the one at William Hill. Whether you are an amateur or an experienced bettor, using our free Online Bet Calculators can speed things up. If you prefer betting over football trading, quickly work out your potential returns for the most popular bet types with our free betting calculator. If you want to hedge your bets even further with a Lucky 15 Bet, you can also choose to back your horses each way. Treble. For example: if the trifecta dividend is $1,500, and your flexi percentage is 200%, your payout is $3,000. Min Stake: £5. Fantastic odds. A $1 Trixie bet will cost $4, as $1 is placed on each of the four bets. The full terms and conditions for our BF1 offer are stated below: 1) Use code BF1 to get 16 days of OddsMonkey All Access for £1. 3. 18+ only. A $1 win-only Trixie bet will cost $4. You enter the odds in decimal, American or fractional form; You get information about the total costs; You learn how much the full return is; Find out what the net profit is after. To box a Quinella for $1. 00 HK = Moneyline: +200 = Implied Probability: 33. A bet with 3 selections is commonly referred to as a treble, and any bet with more than 3 selections is generally referred to as an accumulator. How to Use the Treble Bet Calculator. Treble Calculator. To calculate the winnings of a Lucky 15 bet, one must calculate the outcome of 15 bets on four selections. All three selections must win for the bettor to receive a payout. Put in the most straightforward of terms, a treble bet calculator is a tool used to calculate the potential returns of a bet that features 3 separate legs. The overround adds all these percentages to give the bettor an idea of the formulation of the market. A Lucky 63 is, as the name indicates, a combination of 63 bets put into 1 system. First bet must be on Sports. Enter your stake, bet type, odds (fractional or decimal), place terms (if applicable) and then hit the calculate button. Double Bet Calculator; Treble Bet Calculator; Each Way Bet Calculator; Accumulator Bet Calculator; Betting Guides. Phone Betting. Finds, sorts and compares odds from 100+ bookmakers and 5 betting exchanges. Bet £10 Get £40 in Free Bets T&Cs apply. Draw no bet (DNB) is a betting option offered by many bookmakers that allows you to gain profit if you guess the winner of the match, but you get back your stake if the score is a draw. 0 as the outlay is N1,000 and the return is N3,000 for a win of N2,000. The sure way to calculate an each-way bet is to use our each-way calculator above. 3. Matched betting is a way to make money from home using free bets and promotional offers given out by online bookmakers. It’s not so easy to realize the impact of one, two, or three losing selections on. uk ‘s more comfortable with whatever they happens to be betting on. MatchMe - Making it easier to get your bet matched. Bet Types Explained. Each file allows you enter upto. Some people also call this bet a multiple, or a bet bundle, or in the USA it is called a parlay. Choose from doubles, trebles, lucky 15, 31, 63, yankees and as a Football betting calculator accumulator bets are the most common type of bet punters want to work out. You can then enter your three each way bets to calculate any potential winnings. The winnings you would receive from a bet is calculated by multiplying your stake by the. Betting Calculator Parlay Calculator. Treble Bet. In a Canadian, there are 10. Secondly, you can use any bet type you can imagine. The BetFred Lucky 31 Bonus is unrivalled by any other bookmaker. A treble bet is like a double bet but this time with three selections, all of which must win. Trusted platforms like Betfair, Bet365, and Ladbrokes offer opportunities for lay betting. The most popular systems, from trixies and patents to speciality. The horse racing odds calculator is ideal for calculating how much you would potentially win for all different types of horse racing wagers. Clicking that link will add 10 bets into the calculator. A Bet Calculator is a tool that allows you to check how your bet will fair. You can work out the return using a double bet calculator. (see below the calculator). 3) format; Stake – this is how much you plan to wager on the bet Treble bet calculator - Combine 3 selections into an each way treble and calculate the returns with this calculator. Start by selecting the specific bet type you're interested in. com Put in the most straightforward of terms, a treble bet calculator is a tool used to calculate the potential returns of a bet that features 3 separate legs. This calculator allows you to see the potential returns of your trixie bet, a form of betting multiple that consists of 1 treble and 3 doubles. The treble calculator is an easy-to-use tool that lets you calculate the odds of winning a treble bet. English Premier League Matches Saturday 25th November 2023. A Lucky 15 bet calculator will help you work out the exact returns and we have provided you with a free one below. The Treble Bet calculator allows players to calculate their stakes, return and winnings of up to 20 selections. However, the real value is in using a collective print on demand dropshipping approach to streamline. A single bet can either be a straight ‘win bet’ ie: £10 win at 3/1, which would win you £30 but return you £40 (£30 winnings + £10 stake). Note: an each-way bet consists of two parts: the “win” part and the “place” part. These can be entered in either fractional or decimal format. Whether it's a Single Bet, Double Bet, Treble Bet, Yankee Bet, Canadian Bet, Lucky 15, or any other type of bet, the calculator should correspond to your chosen bet type. 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. A Lucky 15 Calculator Bet at Betfred consists of 4 Singles, 6 Doubles, 4 Trebles, and a Four-Fold Accumulator totaling 15 bets. Use the Treble return calculator to work out your winnings online for all sports. A spread bet in football is normally offered at -110 on both sides of the bet. 5), get £30 in Free Bets. Step 2: Input the Number of Selections of events you’re betting on, also known as ‘legs’. A $1 unit placed on a Goliath bet costs $247. Check with your bookmaker to see how many places they will pay to. 50 Free Spins on Big Bass Bonanza (£0. The bet includes 4 singles, 6 doubles, 4 trebles, and 1 four-fold. The potential payout is higher than for a single bet, but the risk is also greater. Enter the price of each selection. All selections must run, and the bonus is paid in cash if there's only. The phrase ‘Lucky 15’ relates to the fact that Betfred and other Bookies will add a Bonus to a Lucky 15 Bet. Rate your favorite bookmaker! About us. The Lucky 15 bet is similar to a Yankee bet but includes the 4 Single Bets. First bet on a Football or Horse Racing multiple with 3+ selections. This is offer is valid for 7 days from your new account being registered. It’s used by punters and bookmakers alike, to calculate the stake, return and profit for an extensive range of bets. We’ve made that easy with our free and mobile-friendly calculator. Using the single bet calculator could not be easier, follow the simple steps below: Enter whether your single bet is win or each way. A Treble involves picking the winner of three separate races. File, deposit, and you could bring a joint supplementary on the the exact same cost as your initial stake. 50 = 22. Single bet, double, treble, accumulator, Lucky 15, Goliath, etc. It is also worth noting that you can place an each-way Trixie bet. No of Selections: Odds Format: Add Selection Notes: Show Rule 4: Bets. The Treble Bet Calculator is an essential tool that enables you to work out your combined odds and calculate your potential returns. Unlock the secrets of a treble bet in this expert guide. Latest Betting Offers. Note that a to-place option may not be available for all sports and events. Quick Bet Calculators. It’s used by punters and bookmakers alike, to calculate the stake, return and profit for an extensive range of bets. Stake not returned. How to Calculate Winnings from a Treble Bet. In the UK and Ireland fractional odds are used, whilst in Europe the familiar format is decimal odds and with both there is an associated implied probability. 00 5 Runners - $10. Our Treble bet calculator makes it easy to work out those betting odds and find out how much you’ve won on your winning bet! Our Treble bet calculator makes it easy to work out those betting odds and find out how much you’ve won on your winning bet! Monday, November 13, 2023. A fourfold accumulator is a bet that allows you to stake on four selections in different events. Close: To get started, simply select your bet type at and follow the steps. Treble Bet Calculator. Treble bets add a third selection and if all three win then the bettor makes a return. Odds Format: Bet type – for example, a single bet on a particular race or event, an accumulator covering several events or a more complex wager like Yankee or Super Heinz; Odds type – choose for the odds to be represented in fractional (e. designholidays. 5 goals predictions are right here. Bankroll management is crucial when placing bets on any sport. The Treble Calculator Results Total Stake: Total Return: Total Profit: Enter Stake Choose Bet Type Single Double Treble Accumulator Trixie Patent Yankee Lucky 15 Canadian. Calculate your winnings for 28 Bet Types including: Accumulators, Lucky 15's, Singles, Doubles, Trebles, Trixies, Round Robins, Patents. A method of sports gambling that includes more stakes than. To figure out your trifecta payout, you simply multiply your flexi percentage to the declared dividend. Eachway. Please type your stake and bookmaker odds into the soccer betting calculator to automatically generate your return. Here's a step-by-step guide on how to use a bet calculator: Step 1: Choose Your Bet Type. This calculator will convert "odds of winning" an event into a probability percentage chance of success. All you need to do is input the odds for each. NFL. For customers in the UK, TSE Malta LP is licensed and. The winning return of an accumulator is calculated by multiplying the odds of each leg. Game 3. 00. This bet type consists of three selections; all three must win in order (or place if an each-way version) to see a return. Bet type Single Double Treble Fourfold Fivefold Sixfold Sevenfold Eightfold Accumulator Trixie Yankee Canadian / Super Yankee Patent Lucky 15 Lucky 31 Lucky 63 Heinz Super Heinz Goliath Super Heinz with Singles Super. Bet Calculator Bet type Single Double Treble Fourfold Fivefold Sixfold Sevenfold Eightfold Accumulator Trixie Yankee Canadian / Super Yankee Patent Lucky 15 Lucky 31 Lucky 63 Heinz Super Heinz Goliath Super Heinz with Singles. Some of the key benefits of using the OddsMonkey. com. It works exactly like a Heinz bet, but the difference is the added security of also playing singles. Selecting your favourite bet from the list below, and then bookmarking it, will allow you to return directly to your preferred bet calculator with a single click. By Country. You can then enter your three each way bets to calculate any potential winnings. Not only that but we cater to any and all needs of our followers. What is a Treble Bet? A treble bet is an extension of the double as it requires three selections but can also be win or each-way. Select the ‘Odds’ for each selection such as “9/. It is also a great way of calculating an e/w bet, whether it be 1/4 or 1/5 of the odds for a place result. Try it for yourself with us now!Football Betting Calculator. Week 12 NFL Parlay Picks: Risk And Reward Parlays. It is a fast and easy process. So, is the accumulator a good bet for punters?The trebles calculator only requires a handful of details to calculate the potential payouts, including the stake and varying odds for each selection. treble, four-fold etc). The simple bet calculators, including Single, Double and Treble bet calculators, can ensure the correct stakes are in place, offering the greatest chance of winning from these bets. 4. Newcomers to Lucky 63 bets or any form of large. Also known as a bookie, turf accountant or sportsbook, a bookmaker accepts bets on pre-determined odds. Treble: 153-168 : 169-177 . 50 each way bet, making sure you tick the EW box on the betslip and ensure the total stake says £5. Based on the different odds and bet stakes inputted by the user, the Round Robin betting calculator shows the returns available from the chosen bets. Bet two, at single bet odds of 2/1, produces a return of £150 (£2 profit for each £1 staked = £100, plus your £50 stake money). How can we help you? Got a question that you can’t find the answer to? Just drop us a message and our support team will be more than happy to help you out. Download App. View all available outright and match odds, plus get news, tips, free bets and money-back offers. Two horses lose and you’d earn money from 2x singles and 1x double. Treble Odds on ONE winner at Betfred. To find out the Straight Forecast result of past races please check the BetVictor Results Feed. New customers only. There is a horse racing accumulator, as you would expect, but acca bets abound in football. T&Cs apply. System Bet. Here is the step by step guide on how to use the Treble bet calculator: Select “Treble” on the ‘Bet Type’ dropdown; The ‘Number of Selections’ should default to 3 picks; Select the ‘Outcome’ for each selection such as “Winner”, “Placed”, “Void”, “Non-runner”So, the final odds are 3. To find out how much this treble bet could return, head to the free online bet calculator page. Choose your bet type. Download latest sportybet app apk. The Trifecta calculator is a type of a horse betting calculator. There is also the added bonus of being able to find out. In cells E4 to E6, enter the description of each leg on the accumulator bet. When placing a Yankee bet, you are betting on 4 different outcomes in 4 events on 11 betslips which are split into 6 doubles, 4 trebles and 1 fourfold accumulator. Learn more. To gamble online on money rubles. The price of each event in a given market directly correlates to the percentage chance of that event winning. This football bet calculator will automatically provide your single bet, your multiple bet and your acca bet returns and profits! Bet Type: Enter your stake: Enter odds below to calculate your returns: (Odds format: Decimal: 3. More significant returns can be achieved using this bet at the expense of increased. Login; Betting Odds Calculator. Once you’ve confirmed it matches, place the back bet. It needs to be the correct order for you to win on the Straight Forecast. Here's a step-by-step guide on how to use a bet calculator: Step 1: Choose Your Bet Type. A Treble is an accumulator bet that has three selections. Use the Lucky 15 return calculator to work out your winnings online for all sports. A treble works much like the double, only it is comprised of three individual selections. Bet 15 – Horse 1, Horse 2, Horse 3 and Horse 4 fourfold. Choose "WIN/PLACE": You're confident that your team will win, so you select "Win. 50 Bonus Spins. 3 Pick Parlay. Step 1: Input your odds. Using the example above we have:Bet £10 Get £30 in Free Bets. Then this one's for you. So, with the odds on individual selections being 2/1, 3/1 and 4/1: To calculate your winnings, simply use our free betting calculator below – enter the results of your nine selections, preferred odds format, betting odds and total stake – we’ll then work out your total return and total profits. Accumulators, also called combinations, are very popular with bettors and work in the exact same way as a double or treble bet. Are you looking for more calculation options?A Straight Forecast is the perfect bet for horse- and dog racing because it requires you to predict the top 2 in a given race. 5 or greater odds. Click Calculate to see your returns. Betfred lucky 15 treble odds on only One winner; Betfred lucky 15 all winners 10% Bonus; Betfred lucky 15 treble odds. The Accumulator Bet calculator helps players calculate the betting returns on four or more combined bets. Void runners. Check your potential winnings on accumulators, Lucky 15s and all your favourite bets with Paddy Power online bet calculator. The bet name, number of selections required, the number of bets it contains, the minimum number of winners to have a return, the details have letters substituted for selections. Assessing your returns according to the odds available is best done using the William Hill online Lucky 15 bet calculator. A Trixie bet is a little more complicated. Treble Bet. Team Best Price Worst Price; Manchester City: 3/1: 2/1: Manchester United: 12/1: 7/1: New customer offers. This wager requires 2 winners to guarantee a return. All 3 outcomes must be correct for you to win the treble bet. This calculates the potential winnings these bet stakes offer and helps the user to base their bets on this information provided. Accurate Over 2. If the lottery includes a bonus number, additional options will appear. Lucky 15 Bet Calculator. Sign In. Select the ‘Odds’ for each selection such as “6/1”, “14/1”, “11/2”. Hedging Calculator Hedge a bet and secure a guaranteed profit on your wager. It is no exaggeration to say bet calculators have revolutionised betting. How to Use The Free Single Bet Calculator. The bets are most commonly. 3 Ways Parlay. Use the Double return calculator to work out your winnings online for all sports. Learn more. All Markets. A win equals a £120 return (£2 return for every £1 staked = £80 profit plus the original £40. 3 singles, 3 doubles, and 1 treble. First bet on a Football or Horse Racing multiple with 3+ selections. Sign Up Bonus: Bet £10 get £60 in free Bets. Free Betting Calculator: Doubles, Trebles & Accumulators. Next, enter the odds for each of the 6 selections, and set them all to ‘Won’. Treble Bet Calculator. Use the football accumulator to calculate the winnings for your selections, allowing you to calculate the stake, return and profit for accumulators. A treble bet calculator is a handy tool that does this calculation in your place. Premiership Betting Odds. Trixie BetWith four selections at say 4/1 and a Lucky 15 stake of £1 (total £15) your return would bring in £1,409. Our Treble bet calculator makes it easy to work out those betting odds and find out how much you’ve won on your winning bet! Monday, November 13, 2023. You can enter your Unit, which is then multiplied by 57 to calculate your total stake. William Hill Lucky 15 Bonus. A treble odds calculator is a specialized tool designed to simplify the process of calculating potential winnings for treble bets. Simply fill the necessary fields with your bet details and let the calculator work its magic. Once you’re at the free bet calculator page, select Lucky 15 as your bet type. The calculations are rather simple. That’s where a treble bet calculator comes in handy. Man City v RB Leipzig. Here is the step by step guide on how to use the Union Jack Round Robin betting calculator: Select the ‘Outcome’ for each selection like “Winner”, “Placed”, “Lost”, “Void”, “Dead-heat”. Note: "Win to Win, Place to Place" will always provide a greater return if all selections win, whereas "Each-Way all Each-Way" provides greater compensation if one selection is a loser as each of the other winners provide a greater amount of place money for subsequent selections. Once all the potential winners have been identified you simply need to enter the odds of each selection and the total amount that will be staked. Click the "Calculate" button. SAVE 42%Betting odds are compiled by bookmakers as a way to represent what they believe is the likelihood is of an event or events happening. See who pays out most. The calculation is usually based on determinants such as the odds, the type of bet you choose, and your stake.