A sector that is constantly seeing new innovations is the world of sports betting; new changes and evolutions are introduced consistently, providing more ways to play and win. The most traditional form of betting generally involved placing stakes on singular outcomes; however, as technology improved and gambling shifted to a more online space, various different betting options began to spring up.
A popular betting option that is frequently used in a Treble. As its name denotes, this involves 3 different selections or legs, each of which correlate to various sporting outcomes. Each selection will have its own odds, but as they are combined into one single bet, the odds of these all coming out together can significantly increase.
When it comes to determining the potential returns these types of bets may offer, this could be a difficult feat due to the various different legs these bets depend upon. However, here at OddsMonkey, we have the ideal tool for you, that being the treble bet calculator, which we will be detailing here.
What is a Treble Bet Calculator?
Put in the most straightforward of terms, a treble bet calculator is a tool used to calculate the potential returns of a bet that features 3 separate legs. The bets are most commonly referred to as trebles and are a form of shortened accumulator. If you tend to place accumulators frequently, then you could potentially check out the alternative accumulator calculator we have on-site too.
In order to calculate the returns of a treble, the treble bet calculator simply requires a handful of details and inputs. The first of these details is the overall stake of the bet that is being placed. This refers to the amount of money you place on the bet and is one of the most influential aspects when determining a potential payout.
However, another factor also decides this: the varying odds of the bet selections. These can be put into the calculator in whichever metric you use, whether that is fractional or decimal.
The final detail needed for the treble bet calculator to do its calculation is the results of each leg. With this, you can select whether a leg of the treble wins, loses, or is voided to see how the return may fluctuate depending on the different outcomes. Furthermore, there is even a placed result option which mainly refers to horse racing. This is typically only applicable if you’ve placed an each-way bet, and if this is something you frequently place, we even have an each-way calculator to utilise.
After providing the necessary data, the calculator can easily calculate the potential payouts based on the given factors, including the initial stake of the treble bet. It also considers the actual profit that the bet could yield, as well as the total return.
Why use a Treble Bet Calculator
Upon using the treble bet calculator, you will instantly understand the numerous different benefits they can offer you. One of these is that this calculator can ensure the accuracy of calculations, ensuring you know the specific stake to place and the payout available. Not only is it accurate, but it is also extremely quick and efficient, saving you plenty of time as you no longer need to do these calculations manually. These calculations can help you understand all the odds in play as well as any potential returns, allowing you to avoid any costly mistakes due to the overall betting experience now being more informed.
If you’re placing lots of bets with multiple legs, this is where the treble bet calculator can be extremely useful. The treble bet calculator, or any of the other betting calculators we have here at OddsMonkey, can also aid when it comes to identifying good value betting opportunities which could prove profitable should they come in.
Who can use the Treble Bet Calculator?
If you are considering who may benefit the most from the treble bet calculator, the simple answer is everyone! Anyone who is remotely interested in either sports or betting could utilise this to their advantage. As we have already touched upon, it is extremely easy to use and doesn’t require prior knowledge or experience to reap the benefits. All that is required is that the details of your bet and each leg are input, and the treble bet calculator takes over and does the rest for you. Regardless of whether you are a novice or a more experienced bettor, this tool could be a useful addition to your arsenal.
More Betting Calculators at OddsMonkey
If Treble bets are a bit too extravagant for you and you prefer your bets to be a bit more simplistic, we have a whole host of different online betting calculators on our OddsMonkey site. Two of these are the single bet calculator and the double bet calculator, both of which work in identical ways to the treble version, with the only difference being that they have 1 or 2 legs, respectively. Like with the treble bet calculator, this allows you to calculate any potential returns beforehand, once again aiding you to make more informed decisions during your betting experience.
However, if you prefer to stray away from risky betting strategies, then utilising the Matched Betting Calculator could be of extreme use. Matched betting lets you make the most of bookmaker bonuses and offers, such as free bets. In this, you cover all possible outcomes of an event in order to lock in profit and utilise different odds from various bookmakers using a betting exchange. However, doing this can be a time-consuming process; therefore, bringing in the matched betting calculator can negate all of the essential manual calculations by doing all of this for you.