Double Bet Calculator 2024 - See What Your Doubles Are Worth

Q: What is a double bet?

A double is where you put two selections from different events together in one bet. Both outcomes must be winners in order for you to get a payout from the bookies.

Q: How is a double bet calculator helpful?

Calculating your doubles helps because you can see how much profit, relative to a certain stake, is on the line with such a wager. Any service you can use for free, like ours, that does this automatically and quickly for you is a good thing.

Q: Are double bets worth it?

They sure are if you win. You do need to pick two winners, though, so bear that extra risk compared to a win single in mind. What makes a double so satisfying is the odds for the legs get multiplied together, creating bigger returns and profits.

Q: Why use a double bet calculator?

The obvious reason for using a calculation tool like the one on this page to work out doubles is convenience. Some of the multiplication involved can be difficult even for people who are good at maths. It’s easier to use a calculator.

Q: How many legs in a double?

There are two legs in a double. Both of them must win, unless you’ve gone each way, for bookmakers to settle the wager as a winner.

Q: Should I place each way doubles?

If you can, then why not! Each way doubles do have double the unit stake of a win only one, but can mitigate some of the extra potential loss. Provided you can break even from the place part of the wager on both legs, then that gives you every incentive to bet this way.

Jamie Clark

Equine expert

Updated: 21 August 2023

Here we have our double bet calculator where you can work out the profit and total returns from any doubles that you place with the bookies. As you may take two very different prices, doing the maths on what such wagers pay out yourself could be difficult. Take the fuss and potential headaches from mental arithmetic out by using our user-friendly tool that calculates everything for you.

Single & Each Way

Stake:

Odds Format:

Each Way:

Yes No

Odds:

Rule 4:

Result:

Total Stake

Total Return

Total Profit

What is a Double Bet Calculator?

One of the many functions that our free bet calculator can do for you is work out how much a double is worth if it wins. You may want to check this out in advance of placing your wagers, so you’re absolutely crystal clear about the potential profit and return from taking such a punt.

Multiple bets are commonplace on the top betting sites nowadays with doubles being one of the least complex options out there. Our first port of call here is to explain what a double is to you. This is a bet on two outcomes from different events together in one wager. Both selections go together on the same betslip. Let’s work through an example.

You want to bet on Manchester United to beat Aston Villa at Old Trafford and Liverpool to win at home to Tottenham Hotspur. Locate both teams in the latest Premier League betting on matches, and you find United are 5/6 (1.83) favourites and Liverpool available at 4/7 (1.57). When you’ve added both picks to the betslip, the odds combine by being multiplied together.

This double wager works out at around 15/8 (2.88). Both teams must win in order for the bet to payout with an £8 stake yielding £15 profit and total returns of £23. Doing such calculations manually on any multiple bets is tough. That’s why we have a double bet calculator to help you on this very page.

Our example of a Double bet is two selections on odds-on favourites. If you combine a couple of picks at odds against, then an even bigger return is possible. Try out out handy tool for yourself and see what doubles at various prices could pay.

Using Our Win Double Bet Calculator

Now that you understand how betting on doubles work, we’ve got some simple instructions for using our automatic calculation device above. Just follow these steps and you’ll soon see what your next double bet is worth:

Choose Double from the list of bet types across the top of the calculator if it’s not selected already.
Add in the stake for your bet into the top left-hand box.
Choose the odds format that you want to see the double expressed in. Your options here are fractional odds, decimal prices or American odds.
We’ve included the option of an each way bet if needed. This is done using a Yes / No tab. More on this later, so select No.
Add the odds in the correct format for the two legs of your double into the calculator.
Fill in the Results box with the appropriate option. Choose from: Won, Dead Heat (if applicable), Lost or Void. Placed is also an option if you’ve done an each way double.
Hit the Calculate button and our tool reveals the total stake, returns and profit in separate boxes at the bottom.

How to Use an Each Way Double Bet Calculator

Certain doubles like those relating to horse racing betting are something you can put on each way if you wish. Doing that maths here is even more complicated, so a calculation tool is the order of the day here. We’ve built such a function into what’s on offer here automatically.

The great thing about our each way bet calculator is it’s as simple as clicking on a box really. We’re not exaggerating as that is how straightforward things are. With an each way bet, your unit stake doubles to cover both win and place parts of the wager. Combined with a double, you’ve got two selections both for outright victory and then a fraction of those odds for whatever place terms you took.

Our each way double bet calculator helps make all that clear to you. It’s activated simply by choosing the Yes option from where the tool asks about whether your wager is this type of not. You’ll then to enter the place terms struck.

With horse racing, these are set out in Tattersalls Rules on Betting Rule 3 with a quarter or a fifth available as standard depending on the number of runners and type of race. Each way bets are also available on other sports including outright football markets.

Our tool lets you calculate what happens if one leg wins and the other places, or both selections finished place, or if you get really lucky and the two picks win. It’s flexible and covers all bases and outcomes. Just make sure you populate it with the right information.

Other Wagers You Can Calculate Besides Doubles

The double is just one of quite a few options built in here. Check out more automatic calculations for each of the following bet types across the top of SafeBettingSites’ patented tool:

Single Bet Calculator – Get the lowdown on returns from win singles
Lucky 15 Bet Calculator – Give Lucky 15s some love and see what you stand to gain
Horse Bet Calculator – More than just a horse racing double bet calculator here
Bet Accumulator Calculator – Discover what your next acca could pay if you pull it off

FAQs

What is a double bet?

How is a double bet calculator helpful?

Are double bets worth it?

Why use a double bet calculator?

How many legs in a double?

Should I place each way doubles?

Jamie Clark

Equine expert

Horse racing expert Jamie Clark joined the SafeBettingSites team in 2021 after a decade working in related industries. Hailing from a strong gambling background, he is now the master behind our Academy, breaking down and explaining betting jargon and key terms. Jamie can aid you in better understanding what they all mean. He uses his vast knowledge of horse racing and other popular betting sports to pull the curtain back on popular wagers by providing advice and strategy on how to make these work best for punters. After honing his skills as the sports editor of major betting brand Coral, Jamie forged a successful freelance career working with bookmakers to provide informative content just like that in the Betting Academy.

View all posts by Jamie Clark

Was this article helpful?