If you’d like to calculate bet returns before placing a single bet, the easiest way to do so is by using a single bet calculator. You’ll find a single bet calculator at the top of this page, making it easy for punters to calculate betting profits on these wagers.
A single bet calculator is a sports betting odds tool that takes the information from a potential wager and spits out a single bet profit calculation, so that punters can see exactly what they stand to win. We’ll explain how on this page, but first, let’s start with a single bet definition.
What is a Single Bet?
A single bet is any wager placed on a single outcome. Examples could include Liverpool to beat Real Madrid in the Champions League, Carlos Alcaraz to beat Jannik Sinner at the French Open, or France to win the Six Nations.
Due to their simplicity, single bets are the preferred choice of many punters, particularly those who are new to sports betting. With a single bet, there’s only one event or outcome to think about.
Of course, bookmakers offer a variety of bet types to enable punters to generate larger odds and make things more interesting. Other types of bet include, doubles, trebles, accumulators, and much more besides. Horse racing in particular is a sport that offers an expansive list of potential bets.
These other bet types can be thought of as multiple single bets, all rolled into one bet slip. When punters opt for these bets, they’re wagering on more than one event or outcome. The perk is that odds are multiplied together to generate larger potential returns; the drawback is that these bets are inherently harder to call.
How to Use the Single Bet Calculator
Using a bet calculator for singles couldn’t be easier. To calculate betting profits, just follow the below steps.
- Pick a betting market
Before you use a single bet calculator, you’ll need to decide what you want to bet on. Pick a sport and a betting market within it that you’re familiar with, then find the odds at your bookie of choice.
- Head to the top of this page
GG’s single bet calculator can be accessed at the top of this page. Once you’ve learnt about its function by reading this guide, scroll up and start putting it to use.
- Fill in the single bet calculator
To calculate a bet return for single bets, all you need are the odds and the stake. When you supply this information, the bet calculator will generate the amount the bettor stands to win from the wager.
- Place your bet
If you’re happy with the bet and its potential winnings, fill in the bet slip and hit confirm.
Example of a Single Bet Calculation & Return
The single bet payout formula is simply a case of multiplying the stake by the odds. Let’s take a look at how the single bet calculator processes a wager on Arsenal to win the Premier League.
| Stake | Odds | Potential Winnings | Total Return |
|---|---|---|---|
| £10 | 5.5 | £45 | £55 |
Bet calculators generate two figures: one represents the winnings, while the other represents the total return. These figures are different because the second figure takes into account the original stake, which is returned on successful bets.
Remember that you can also change the way odds are presented in your bookmaker’s account preferences. We’ve opted for decimal by way of example, but you can switch to fractional or American odds if you prefer.
FAQs About Single Bet Calculations
What is the difference between single bets and other bet types?
A single bet is a wager on a single outcome. Other bet types — such as doubles, trebles and accumulators — combine multiple selections into one bet slip to generate larger odds.
What type of odds can I use with this calculator?
The calculator on this page is designed for single bets only. Only single bet odds will be processed by a single bet calculator.
Are single bet calculators accurate?
Yes — just like any mathematical formula, single bet calculators are precise and accurate.