Betting Tools – Online Bet Calculators, Tables & Converters – 2024
The betting tools are used by online bettors worldwide because they allow you to calculate your potential winnings much faster. People interested in sports betting know that there are loads of options to punt on. Some of them are easy to calculate, but online sports betting markets and systems aren’t that easy to learn.Fortunately, you do not need to worry about anything because this page contains all of the popular sports betting tools you need. After you go through them, you can calculate every betting odds and market, no matter the values. Those things make your life much easier because they save time.
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Types Of Sports Betting Tools
Modern betting sites offer a wide range of options for punting, which explains why users need different types of sports betting tools. Sportsbooks may include several options inside their platforms, but most places do not offer anything. Fortunately, sports bettors in South Africa can always rely on us to calculate their potential winnings.
Some of the betting calculators found where will save you a lot of time, no matter the sport you want to bet on. Online bettors good at math might not need to use them all the time, but to get the best odds possible, you should double-check your calculations.
There are many examples of how a sports betting tool can help you. For example, some people are interested in applying the Martingale betting system but do not want to bet on even odds. In this case, they do not need to use the complicated formula. Instead, punters can open the special calculator and will see the result within seconds.
Sports Betting Calculators
If you check some of the top sportsbooks, you will inevitably come across many options. Whether you wager on football or another popular sport, the brand will provide you with many markets and a bunch of other things. Fortunately, you can use all of the betting options you like because the calculators will help you when needed. Bettors often choose things they don’t like because they know how they work. Fortunately, you do not need to do this anymore because the sports betting calculators allow you to choose from a wide range of alternatives and not worry about the maths behind them. These tools are also helpful in responsible gambling because they prevent people from losing a lot due to miscalculations.
Betting Tables
Although some online bettors are not fans of checking different betting tables before wagering, those things can help a lot. There are all kinds of tables to choose from and what makes them special is that they allow you to learn more about given options. In other words, they save you a lot of time by providing you with all the necessary information. There are different sorts of betting tables to look at, such as those related to:
- Odds
- Markets
- Features
- Bet Amount
- Bonuses
- Free bets
Sports Betting Convertors
Since some online bookmakers are available worldwide, they often provide different odds formats. Sadly, this often causes problems for some punters because they can’t use the format they like. The good news is that one of the most valuable tools for sports betting solves this problem. Aside from the odds convertors, betting companies provide other useful tools. For example, they let people change different data so that they can understand it. Some of the sports betting converters are underrated because they bring tremendous value.
Asian Handicap Calculator
One of the go-to betting tools for online punters in South Africa is the one that focuses on Asian handicaps. The latter is among the most popular market, especially for football bettors. The Asian Handicap Calculator helps you define the winning outcomes and determine what works best for you. On top of that, this option will show you the exact amount you can expect to win if you successfully predict the bet.
These betting markets are displayed with the signs “+” and “-”, followed by a number, so people often do not know how they work. Luckily, the calculator will allow you to enter your odds and stake and choose the exact Asian Handicap. Furthermore, you can also enter the final score in the match and see what needs to happen to win.
Asian Handicap Table
Although some bettors have a lot of experience in the hobby, others are new and don’t know what to expect. Fortunately, a couple of online betting tools can come in handy, such as the Asian Handicap Table discussed in this paragraph.
Even though it may not seem as useful as the calculator mentioned above, this feature will help you learn more about Asian Handicap.
The table will show you what needs to happen to win, depending on your bet.
For example, you can see that wagering on the favourites who have “-1” means that they need to score at least 2 goals and don’t concede any to win.
Martingale Calculator
People use different betting systems to achieve maximum success, and one of them is called martingale. Although it is fairly simple when betting with even odds, it can get very complicated if you choose something else. That’s why there is a separate Martingale Calculator used by punters worldwide.
This is one of the most helpful betting tools because it shows you how much you have to bet to win. If you take a look at the calculator, you will see that it lets you choose your balance, initial bet, bet value, and so on. You can even see the chances of losing your next bet.
Since sports betting is becoming more popular even in places like the U.S., where more than half of the country is in the process of legalizing it, this tool will play a vital role for some punters.
Surebet Calculator
As its name suggests, this Sure Bets Online Calculator allows you to check whether the odds you want to bet on will provide you with a sure bet.
Some people may even call it an arbitrage option because it functions similarly.
One of the most popular free sports betting tools on the market lets you calculate the amount of your stake for each outcome.
By doing this, you will be able to see how much you have to bet to get a profit, no matter the final result of the given match.
The calculator will let you enter the odds for a two-way or three-way bet and then your stake. The results will show you your potential winnings and the profit.
Margin Calculator
Have you ever wondered about the margins used by online bookmakers? If the answer is yes, you can use one of the free betting tools called Margin Calculator and find out in a matter of seconds.
This calculator will help you learn more about the bookmaker’s margins for betting. The example from above works on 2way and 3way options, and you can even choose your specific odds format. Aside from Decimal and Fractional, you can also check other popular formats.
The biggest advantage of this betting calculator is that you can find a bookie offering lower margins. Although the number of betting shops in some countries, including South Africa, is still relatively high, there are more online bookies than ever before, so choosing the one with the lowest margins is important.
Odds Converter
Finally, we have the last betting tool on the list, but probably the most commonly-used one. The Odds Converter is one of the best options you can get if you’re using an online bookmaker that does not offer the odds format you’re comfortable with.
Since some online bookies are available worldwide, they provide multiple formats, but users may not find the one they need.
Using the Betting Odds Calculator is easy because you just have to pick and enter the displayed odds.
Once ready, the calculator will automatically change the odds and show them across all formats. For example, 2.4 decimal odds are equal to +140.00 for US and 7/5 for fractional.
How are Gambling Winnings Calculated?
Gambling winnings are calculated based on the amount of money you wager and the odds you bet on. For example, let’s say you are using an online bookmaker that has decimal odds, and you want to bet 100 ZAR on a football betting market where the odds are 2.00. To predict your bet, you must multiply the amount you’ve wagered and the odds. In this case, a winning bet will grant you 200 ZAR.
Even though most European countries use the decimal odds format, some punters prefer other options. If you are one of the bettors who like American odds or something else, you can use the best sports betting tools to calculate your potential winnings in seconds. That’s because every odds format uses a different formula to calculate your winnings.
Conclusion
Many online bettors underestimate betting tools, but those things can save a lot of time. Regardless of the odds format, it is not easy to learn how some markets and systems work.. Even though you will be able to eventually calculate your potential bet winnings, it is better to use a calculator and save time.
Some of you may be afraid of using those things because you don’t know how a given calculator works. Fortunately, this review provided you with all the needed information so you can start using them right away.
FAQ
What is a betting algorithm?
A betting algorithm is a special system used by people who want to identify which is the most profitable bet. The term can also mean the special calculations used by bookies to provide odds for their clients.
What is the most profitable betting strategy?
The most profitable betting strategy is the one that allows you to win more. Every strategy has its pros and cons, so it comes down to personal preferences.
What is the Best Betting Tool?
The best betting tool depends on a variety of factors, but some people think it is the sure bet calculator.