Betting Calculator US

Betting Calculators US includes 6 calculators

• Parlay Calculator

• Teaser Calculator

• Reverse Bet Calculator

• Multifunctional Odds Converter

• Variable Dutching Too

• Permutation Calculator

Set out below is information relating to the use of the various calculators included in the Betting Calculator US Program. These calculators have been designed to give maximum assistance in the attempt to make betting more profitable.

US Calculators

Special Offer price of $15 to End July 2008

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Parlay Calculator

Parlays are a very popular kind of bet – they have a good potential for big payoffs compared to the size of the wager, and they are quite a simple form of bet.

To place a parlay, you bet on two or more teams to win their games – all of the teams must win, or at least tie, for you to win the bet. If one of the teams loses, then the bet is lost.

There are two different kinds of parlays. You can wager against the point spread, or against the money line. When wagering against the spread, the payoff is fixed, with the payout increasing the more teams you bet on. The payoff can range from 13-5 on a 2 team parlay to 600-1 on a 10 team parlay. This means that if you bet on two teams, you can win $13 for each $5 you bet. If you bet on 10 teams and win, then you will get $600 for every $1 you had wagered.

Bets against the money line do not use fixed odds, instead your overall payoff is calculated based on the odds of each team. This is because a spread assumes a 50-50 chance on each team, while money line bets just require the team to win or lose – without points being taken into consideration. 

A money line parlay will, in simple terms, take the amount of your bet and place it on one team, then re-calculate your bet for the next team, until the bet has been placed on all of the teams. This can often work out better in terms of payoff than a points spread parlay, especially if one of the teams is not favoured to win.

Teaser Calculator

A teaser is a group of single parley bets. The difference between a parley and a teaser is that with the teaser the line you bet against for each individual bet is made more advantageous by adjusting the point spread in your favour.

For example if for a parley the line is -6 if you have a 4 point teaser the line would be -2 (-6 less 4 points).

Teasers are very popular sports bets as the points spread allows you to adjust the points spread in your favour.

Ties lose on all teasers except the 2 team teaser where the tie is a push if one team ties and the other team wins, if one team ties and the other team loses the teaser is lost.

Reverse Bet Calculator

A Reverse Bet is a series of “IF” bets going both forward and in “reverse” order.

There are two types of bet action “IF Win” and “ IF Action”.

An IF Win wager will continue only if the first leg wins. If the first leg wins the second leg will have action. If the first leg is a push or no action the amount wagered is returned. If the second leg has action the first element of the reverse IF bet is the element reversing back to the initial wager.

An IF Action means if the first element of the wager, is cancelled, no action, push or win, the second element of the wager is then placed.

General Betting Calculators

Multifunctional Odds Converter

• The Odds conversion Tool converts odds formats between Fractional, Decimal and US Odds format.

• The converter is multifunctional. Automatic scrolling to odds requiring to be converted,

• Speed scrolling to UK formatted odds.

• Help file

• Parlay / Accumulator calculator for calculation of odds converted odds converted

• Odds percentage calculated to all odds converted.

Variable Dutching Calculator

The Variable Dutcher is a stand alone Dutching / Hedging calculator designed to always float on top of the screen and capable of being moved around the screen for use when obtaining odds from other programs or the Web.  The Variable Dutcher will dutch up to 4 bets and also has the “Banker” bet facility which gives the stake saving facility as outlined in the Dutching / Hedging Calculator above. With the Variable Dutcher however, the required profit can be independently set to what ever profit you required for any selection according to the confidence you have in it.

For those times you need to keep a Dutching Calculator on top of all other screen when gambling,including Web pages and be able to move it around to prevent it obscuring odds, the Dutcher Software is the thing you need for gambling.

Entered odds can be changed individually and will re-calculated the Dutching bet without having to re-entered other odds. This NEW addition to the betting Software arsenal is available to the purchasers of the Sports Betting Calculator or can be purchase separately. Click on Purchasing Program for details.

The calculator is suitable for all Sports Betting including Horse Racing, Fixed Odds where Dutching bets achieves the best results.

Permutation Calculator

Combinations versus Permutations.
 

 The difference concerns whether the order matters, more or less.

  If you, for instance, have to perm 6 items from 7 in any order, the number of permutations would be 5040.
 

 If however you have to calculate the combinations of 6 items from 7 in the order they appear the number of combinations would be 7, some 720 times fewer combinations.

The Combination / Permutation calculator has 3 functions.

1.       To just display the number of combinations or permutations selected in the Criteria Box.

2.       To display the actual combinations or permutations that are calculated as they are calculated.   

3.       To display combinations or permutations based on the above using the selections the user enters. To enter your                 

        own selections check the check box marked Combine or Perm selected Numbers.

 

For All types sports gambling Perms. !!