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It allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets.
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Different betting calculators types and how to use them
The sports betting calculator allows players to pre-calculate any bet using a single algorithm, which saves the user personal time and prevents him or her from spending extra money on unprofitable offers. Checkout Free Betting Reviews’ bet win calculators below to increase your chances of winning!
Odds Calculator: How It Works and How to Use It
A handy bookmaker odds conversion calculator will help users with converting the betting odds. The betting calculator helps to calculate the possible winnings. The algorithm is simple: the player specifies the amount he or she bet and the odds that the bookmaker gives on this event. The calculator uses a calculation formula to work. It will calculate how much the player can get if the chosen bet is successful.
Hedge Calculator: How It Works and How to Use It
Hedging in sports betting is a process of so-called "betting insurance". Hedging allows a player to minimize financial losses from losing a bet or completely cover potential losses. With the help of a hedging calculator a player can see how he or she can guarantee a return or profit from live bets. However, despite that a hedging strategy helps to minimize losses in case of unsuccessful bets, there is a risk that it will also reduce profits if the first bet turns out to be a winning one. Using the Hedging Calculator on the FBR platform is quite easy. All you need to do is enter your betting odds that the bookmaker provides, the amount of your bet, the hedging odds, and the hedging amount. Using all this data, the calculator will show you your total payout and hedge profit.
Hold Calculator: How It Works and How to Use It
This calculator will help players calculate the percentage of retention, namely the margin that the bookmaker charges on both sides of the game. When a player calculates a hold, he or she can determine what percentage of the time it will take to be correct on that bet in order to make money in the long run. On the FBR website, one can see that the use of the Hold Calculator is quite simple. The player has to choose one of the three necessary tabs "American", "Decimal", "Fractional", then fill in the fields "Side 1 Odds" and "Side 2 Odds" and the calculator will automatically give the amount of hold in dollars.
Moneyline Converter: How It Works and How to Use It
If a player wants an easy way to determine his potential winnings on any of the sports bets, he or she can use the moneyline calculator. This online tool is quite easy to use and helps players calculate future winnings. Using such a calculator is quite easy, especially on the FBR platform. The player needs to enter the amount of the bet in the dollar equivalent, and the type of odds. Then the calculator itself will calculate for you "Decimal Odds", "Fractional Odds", "Hong Kong Odds". "Indonesian Odds", "Malay Odds", "Implied Probability %" and "Winning".
- What types of bets are suitable for hedging?
Hedging can be used for any type of betting. It can be pre-match, in-play or even outright bets. Bettors hedge both single bets and express bets.
- How to know if I can win on a moneyline bet?
The best way to determine your potential winnings on a bet is to use the moneyline calculator. All you enter is the bet amount and the odds, and the moneyline calculator calculates the return for you.
- What is the margin?
A bookmaker's commission that is put into the odds and charged on each bet.