has free betting calculator
Pinnacle has released a betting calculator. Choose from a variety of sports and compare the rewards available to Pinnacle Sports members with other bookmakers. The calculator calculates the profit given by the odds of the option selected by the user. For bettors who are less familiar with odds, it is useful to assess profit and value and compare available returns from leading bookmakers.
Being able to calculate the betting return on any given bet is one of the fundamentals of betting, and betting calculator simplifies this process for bettors. A bet can be divided down into two elements; the Stake (how much you risk), and the Payout (your potential return including your Stake).
The most common type of bet is a single, but bettors can combine different bets into one and place multiple bets (this can be a double), triple or any other multiple (four or more bets in one). However, each single bet in the multiplier must win for the entire bet to win.
This bet calculator allows bettors to calculate the underlying odds of any single bet and has a simple ‘add odds’ feature to calculate odds for multiple bets.
This is probably one of the most basic calculations in betting, but using the betting calculator above will help bettors gain a deeper understanding of what betting odds represent and what it means to bet
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