Input your bet results, and this bet calculator will save you time, working out the returns from your bookmaker for your patent bet based on results and odds.
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How to Use the Patent Calculator
Follow these simple steps to work out your Patent bet returns
- Select the Odds format - You can choose from Decimal (D), Fractional (F) or American (A) odds for bet settlement
- The Calculator is set by default for Patent bets (you can change this from the drop-down if you wish)
- Add each prediction outcome - (win, placed or non-runner), then add the odds in the selected format
- in the Summary section, add the stake per bet, - e.g. £1, or the total bet stake
You'll now have the Total outlay, the expected return given the information provided, and how much profit or loss is on the patent bet. There is a reset button to clear all inputs to try another bet. Finally, you'll see a breakdown of the bets in terms of singles, doubles, trebles, etc, as well as alternative bet type returns based on the number of selections. Three selections also work for trixie bets.
Understanding the Results
Grasping how to interpret the outcomes from your bet calculator is essential for considering your options for this or future bets.
Explanation of the Calculation Process:
The calculator uses your supplied odds and stake to compute potential returns and profits. It considers factors specific to different types of bets, ensuring accurate results. Make sure you enter your information accurately.
How to Interpret the Results:
- Returns: The total amount you'll receive if the bet wins, including your initial stake.
- Profit: The net gain from your bet, excluding your initial stake.
By understanding these components, you can better evaluate your betting strategy and potential financial outcomes.
Advantages of Using Our Patent Bet Calculator
The Patent bet calculator is designed with the user in mind. It provides an intuitive interface that makes inputting data and interpreting results straightforward.
It offers unparalleled speed and accuracy, delivering instant calculations to gauge potential returns, profit, or loss on patent bets quickly.
The reliability of our results ensures that you can trust the information provided.
These features make our patent calculator an indispensable tool for any bettor looking to optimize their 3-selection betting strategy.
What is a Patent Bet?
A Trixie bet involves four bets across three selections, creating a permutation of three doubles and a treble on the three picks. It's commonly used in horse racing but can be applied to other sports, like football or greyhound racing.
3 x Singles
3 x Doubles
1 x Trebles
= 7 bets in total
It includes three singles, three doubles, and one treble. This structure offers the opportunity of a return even if one pick loses.
What is the difference between a Patent and a Trixie?
A patent and a Trixie bet both have three selections. The difference is that a patent includes single bets on the three picks, combining the perm to 7 bets in total, and a trixie has only doubles and trebles, making 4 bets.
Conclusion
Using a patent bet calculator offers numerous benefits, including saving time, ensuring accuracy, and clearly understanding your potential returns, profit, or loss. We encourage you to use our patent bet calculator to work out your betting returns quickly and efficiently.