Consult our Treble Bet Calculator to calculate the potential returns of your bets.
Easy to use, this bet calculator allows you to calculate possible profit for your trebles. It also features various advanced functions to help you improve your betting tactics. For more information about these features and the calculator itself, don’t stop reading our article.
Anyway, before we dive into understanding how to use the calculator, let’s see what its main characteristics are and how to define treble bets.
What is a Treble Bet Calculator?
A Treble Bet Calculator is a special calculator created to help you calculate potential winnings on treble bets. The calculator is easy to use, with a quick entry of stake and odds, and various functionalities to work out your returns.
The concept of Treble Bet?
Treble bets are bets consisting of three different selections. However, all three must win to make a profit. This type of bet brings much higher winnings and this is its main advantage. On the other hand, the risk is highly increased because if only one selection loses the whole bet is a losing one. That’s the main disadvantage of the bet.
The all or nothing nature of the bet is what makes it so popular. It works in the following way:
- You choose three different events.
- The first selection wins; the returns from it provide the stake for the second selection.
- The second selection wins; the returns are rolled over to the third selection.
- If the third selection wins too, your bet is successful.
Here’s an example:
Let’s say that you are betting on football matches. Your first selection is Manchester City at odds 3/1. Your second is Chelsea at 7/1, and your third selection is Arsenal at 5/1. At £5 stake, you’ll get the following returns:
- The first selection: (£5 x 3/1) + £5 = £20
- The second selection: (£20 x 7/1) + £20 = £160
- The third selection: (£160 x 5/1) + £160 = £960
For a £5 bet, the potential winnings are £960, but if only one selection loses, you are losing the whole bet as well and the initial stake.
How to use the Calculator?
The example above just shows how treble bets work and how the potential returns are calculated. Anyhow, you don’t even have to know anything about the calculations.
Just open the Calculator, enter your stake, odds and selections. It will do all the rest and immediately show your potential payout.
Calculator’s Advanced Functions
Treble Bet Calculator also includes some special functions allowing you to customize your bets. These special functions can vary from one calculator to another, but here are the most frequent ones:
Different odds formats
Even though fractional odds are usually used in the UK, a lot of bet calculators allow some other odds formats such as decimal and fractional. We all agree that all the odds formats represent the same thing just in different ways. In other words, there’s no difference in terms of returns, but they are calculated differently depending on the chosen odds format.
This is how to calculate the returns depending on different odds formats:
- Fractional: Total return = (Stake x Fraction) + Stake
- Decimal: Stake x Decimal Number indicating the odds
- American: The odds accompanied by a minus sign indicate the amount you need to stake to win $100. A plus sign before the odds indicates the amount you can win for every $100 staked. In other words, the minus sign is reserved for favourites and the plus is for the underdogs.
While entering the odds and their formats in the calculator, you shouldn’t think about the calculations. The treble bet calculator will do it instead of you!
Each-way treble bets work for horse racing and they consist of two different parts: the win bet placed on the runner to win the race, and the place bet placed on a runner that you think will finish the second or place among the first 3,4,5 places depending on the bookmaker.
Keep in mind that both parts of an each-way bet must have equal stakes. For instance, if you place £2 on the win part, you need to place another £2 on the place bet. If you want to place an each-way treble bet, but before that, you’d like to see what are your chances, enter all the details in the bet calculator and pick the each-way bet option.
Why use the Treble betting calculator
Trying to calculate the potential returns and total profit for your bets is a time-consuming process. Bet calculators are specially designed tools that can show you what you are looking for within a few seconds.
For some simpler calculations, you just need to enter the odds of the bet and your stake. When you want to try out more complicated calculations such as each-way treble bet, don’t forget to choose that option.
Bookmaker Sign Up Codes
In order to place your treble bet, you need to have an account at some online sportsbook. A lot of them offer special bonus codes for signing up. Why not check them and see what they have to offer.
- Ladbrokes promo code
- bet365 bonus code
- William Hill promo code
- Paddy Power promo code
- Coral promo code
- Betfred promo code
- Upcoming Football – Latest Tips
Before placing a bet, make sure to have a look at our selection of tips for some upcoming matches.
Note: The odds presented here are subject to change.
Other Bet Calculators
Make sure to check our main bet calculator article. See what other types of bet calculators can help you organise your bets.
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