Or, alternatively, are you looking to take a chance on a larger gamble with an accumulator? Thankfully, that is where online odds calculators come into their own.

These handy tools can make a huge difference to your betting activity, providing you with a full overview of the options available and ultimately helping you to place the bet — or combination of bets — that works best for you.

In this article, we are going to take a closer look at the concept of odds calculators, how they tend to work, and the key benefits that they can offer in terms of boosting your betting balance.

On the most basic level, odds calculators are designed to help you understand the implications of your bets and ultimately determine what returns you will receive if you are successful.

Just one winning selection guarantees a return but the more winners the more your bet returns. Use the bet calculator to see exactly how much your bet will return based on which of the selections have won.

A trixie bet is a 'full cover' bet , which basically means it covers doubles and trebles involving three selections.

Similar to a trixie in that it's a full cover bet, this time 11 separate bets on four selections. Enter the Stake and Odds for your bet and the Bet Calculator will automatically calculate the Payout.

Add Odds for Multiples. Find odds format definitions in our Betting Glossary. For example, can you still make a profit if only two of your Lucky 15 selections win?

This is an especially powerful tool when used in conjunction with the Maximum Total Stake setting, to equalise the stakes and ensure you stay within your spending limit.

Although the Free Bet Calculator is quick and easy to use, even for complex bets, contextual help is available via the information buttons.

New visitors may also find the detailed Betting Glossary and Help pages useful. The Number of Selections value is automatically updated when you switch between different bet types, if the current value is less than the minimum required for the type of bet.

The number of selections can be increased in order to create perms or, in the case of Accumulators, to simply extend the size of the Accumulator.

The Accumulator Fold Size is automatically updated to reflect changes to the Number of Selections , but you can perm Accumulators simply by reducing this value to the required fold size.

For example, to perm 4-Folds from 6 selections, set the Number of Selections to 6, and then change the Accumulator Fold Size to 4.

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