Canadian Betting Calculator: Gauge Your Potential Sports Winnings

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Simon Young
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Simon Young, once a distinguished news editor, previously served as the Lead Editor at PokerStars before directing his editorial prowess to Betsquare. His career seamlessly straddles the domains of journalism and online gaming, offering an unmatched fusion of proficiency and creativity.


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Updated on:

Jan 01, 2025, 6:57 pm

Introduction:

For enthusiasts of popular Canadian sports or global events, the BetSquare sports calculator is an indispensable tool to predict possible winnings and tailor bets to specific events. Our complete guide on using this bookmaker calculator is just a click away.

betting odds mockup
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Betting Calculator

Odds Format

Number of selections
? Rule 4 implies deductions on winning wagers in races where a participant withdraws for a variety of reasons.
Each way ?
#
Outcome
Odds
 
Total Stake Total Return Total Profit
0 0 0
Make a Bet

Information

What is a single bet?

A single bet is the most straightforward wager option, where you're predicting one outcome for a single event. A correct prediction leads to winnings, influenced by the odds and your stake.

The number of potential outcomes for a single bet is tied to the sport and market in question. For instance, in football, Full Time results can be a home triumph, tie, or away win; however, for Both Teams To Score, the options shrink to yes or no.

Example of a single bet

Consider a single bet on Arsenal triumphing over Tottenham at 6/4 odds with a £10 stake, resulting in a £25 return if Arsenal clinches victory, translating to a £15 profit. Conversely, a failure to win leads to a lost stake.

An outright single bet allows you to wager on an entire tournament or event victory, such as wagering on Manchester City to clinch the Champions League at 9/2 odds with a £10 stake. Here, a win delivers a £55 return and a £45 profit.

Pros and cons of a single bet

The advantage of a single bet is needing only one accurate guess for success. The drawback is requiring a hefty stake for substantial returns, especially with smaller odds.

What is a double bet?

A double bet is the simplest form of an accumulator, where you bet on two outcomes across two events. Both predictions must be correct for a win, and the individual odds are computed together with your stake to determine potential returns.

Example of a double bet

Placing a £10 double bet on Barcelona defeating Atletico at 1/1 odds and Manchester City outperforming Liverpool at 1/1 odds would result in a £40 return if both outcomes occur, bagging a £30 profit.

Pros and cons of a double bet

The upside of a double bet is a heightened return compared to two individual bets. The downside is increased risk, as one failed outcome means losing the full stake.

Visual Example of a Winning Double Bet:

Game and result Bet Odds (fraction) Outcome
Barcelona (2) – Atletico Madrid (1) Barcelona win 1/1 (Evens) Win
Manchester City (2) – Liverpool (0) Manchester City win 1/1 (Evens) Win

Illustration of a losing double bet:

Game and result Bet Odds (fraction) Outcome
Barcelona (2) – Atletico Madrid (1) Barcelona win 1/1 (Evens) Win
Manchester City (2) – Liverpool (2) Manchester City win 1/1 (Evens) Win

What is a treble bet?

A treble bet lets bettors aim for larger rewards by combining multiple wagers. This involves betting on three outcomes in three events, with all needing to be spot-on for a win. Odds multiply with the stake to calculate potential returns and profits.

Example of a treble bet

Imagine staking £10 on a treble bet: Arsenal toppling Tottenham at 6/4 odds, Barcelona beating Atletico at 1/1, and Manchester City outmatching Liverpool at 1/1 odds could yield a £100 return if predictions hold, offering a £90 profit.

Pros and cons of a treble bet

The lure of a treble bet lies in the elevated odds when combining three bets, even backing favorites. The challenge is the requirement for all three to be correct to secure returns.

Visual Representation of a Winning Treble Bet:

Game and result Bet Odds (fraction) Outcome
Arsenal (3) – Tottenham (2) Arsenal win 6/4 Win
Barcelona (2) – Atletico Madrid (1) Barcelona win 1/1 (Evens) Win
Manchester City (2) – Liverpool (0) Manchester City win 1/1 (Evens) Win

Illustration of a losing treble bet:

Game and result Bet Odds (fraction) Outcome
Arsenal (3) – Tottenham (2) Arsenal win 6/4 Win
Barcelona (2) – Atletico Madrid (1) Barcelona win 1/1 (Evens) Win
Manchester City (2) – Liverpool (2) Manchester City win 1/1 (Evens) Lose

What is an accumulator/combination?

Accumulators, akin to doubles and trebles, resonate with bettors, necessitating bets on four or more events' outcomes. Correct predictions for all are essential for success, with combined odds and stake forming potential returns.

Example of an Accumulator Bet:

Playing an accumulator with a £10 stake on Sevilla besting Valencia at 6/4 odds, Arsenal overcoming Tottenham at 6/4 odds, Barcelona beating Atletico at 1/1 odds, and Manchester City topping Liverpool at 1/1 odds could net a £250 return and a £240 profit if correct.

Pros and Cons of the Accumulator Approach

The attractions of accumulator bets lie in the potential for substantial wins with minimal stake. Conversely, the downside is the pronounced risk, as success rests on all outcomes aligning.

Illustration of a Winning Accumulator:

Game and result Bet Odds (fraction) Outcome
Sevilla (1) – Valencia (0) Sevilla win 6/4 Win
Arsenal (3) – Tottenham (2) Arsenal win 6/4 Win
Barcelona (2) – Atletico Madrid (1) Barcelona win 1/1 (Evens) Win
Manchester City (2) – Liverpool (0) Manchester City win 1/1 (Evens) Win

Illustration of a Losing Accumulator:

Game and result Bet Odds (fraction) Outcome
Sevilla (1) – Valencia (0) Sevilla win 6/4 Win
Arsenal (3) – Tottenham (2) Arsenal win 6/4 Win
Barcelona (2) – Atletico Madrid (1) Barcelona win 1/1 (Evens) Win
Manchester City (2) – Liverpool (2) Manchester City win 1/1 (Evens) Lose

What is a trixie bet?

A Trixie bet often gains favor in horse racing but adapts to other sports. It comprises three varied outcomes in three events over four betslips, segmented into one treble and three doubles. Only two correct predictions are necessary to secure a return.

Example of a trixie bet

For instance, if you stake £10 per betsli...

Pros and cons of a trixie bet

Understanding the Betting Odds Calculator for Canadians

Illustration of a trixie bet:

Arsenal – Tottenham Barcelona – Atletico Madrid Manchester City – Liverpool
X
X X
X X
X X X

What is a patent bet?

Dive into the intricacies of betting in Canada with our state-of-the-art Betting Odds Calculator. This tool is designed to enhance your betting experience, ensuring each wager is as successful as it can be.

Example of a patent bet

At Betsquare, we pride ourselves on maintaining independence and fairness in our content. To keep our reviews and insights accessible at no cost, we receive payments from companies that promote their products on our site. This backing comes from a couple of primary avenues.

Pros and cons of a patent bet

To begin with , we provide promotional slots for advertisers. The payments we receive could influence how their offerings are displayed on our site. It's important to note that not every product or service in the market appears on Betsquare.

Illustration of a patent bet:

Arsenal – Tottenham Barcelona – Atletico Madrid Manchester City – Liverpool
X
X
X
X X
X X
X X
X X X

What is a yankee bet?

Moreover , some of our articles include 'affiliate links' to advertisers' offers, which might generate income for us when users click on them. Our editorial decisions and recommendations remain unaffected by these compensations, and they don't sway the content on Betsquare. We strive to ensure all information is thorough, but cannot always vouch for its completeness or relevancy. Below is a roster of partners whose products are linked through our affiliate agreements.

Example of a yankee bet

Estimate Sports Odds with the Canadian Bookmaker Calculator

Pros and cons of a yankee bet

Lisa is a respected authority in the iGaming sector. Her vast experience in crafting engaging iGaming content equips her with the skills to offer in-depth and captivating analysis into the gambling industry.

Illustration of a yankee bet:

Sevilla – Valencia Arsenal – Tottenham Barcelona – Atletico Madrid Manchester City – Liverpool
X X
X X
X X
X X
X X
X X
X X X
X X X
X X X
X X X
X X X X

What is a canadian bet/super yankee?

Simon Young, once at the helm as a national news editor, graced the role of Lead Editor at PokerStars. Now, his seasoned editorial expertise illuminates Betsquare, blending journalism and online gambling into a unique tapestry of insight and creativity.

Editorial Note: We may earn fees from linked partners on Betsquare. Rest assured, our team’s assessments and viewpoints are not swayed by these commissions.

If your interest lies in popular Canadian sports or you're thinking of wagering on global events, you’re in the right place. Utilize the BetSquare sports betting calculator for calculating potential winnings and figuring out which bets might be most advantageous for specific occasions. We’ve compiled an exhaustive guide to using a bookmaker calculator right here—feel free to explore!

Rule 4 entails reductions in return for winning bets in scenarios where one or more participants withdraw from a race due to various circumstances.

The simplest form of betting is placing a single bet. Here, you wager on one possible result in a lone event. Should your prediction be right, you win. Your potential earnings hinge on the odds and your stake.

The potential outcomes in a single bet vary with the sport and market. In football, for instance, a full-time result has three potential outcomes: home win, draw, or away win, whereas Both Teams To Score offers just two: yes or no.

Betslip(s) Games (1 – 5) Number of betslips
Double 12, 13, 14, 15, 23, 24, 25, 34, 35, 45 10
Treble 123, 124, 125, 134, 135, 145, 234, 235, 245, 345 10
Fourfold 1234, 1235, 1245, 1345, 2345 5
Fivefold 12345 1
Total number of betslips 26

What is a heinz bet?

For a single wager example, consider backing Arsenal to defeat Tottenham at 6/4 odds with a £10 stake. Should Arsenal triumph, your return would be £25, netting a profit of £15. If Arsenal loses, your wager is forfeited.

Example of a heinz bet

An outright single bet entails betting on an event or tournament winner. For instance, placing a bet on Manchester City to clinch the Champions League at 9/2 odds with a £10 stake yields a return of £55, and a £45 profit, if successful.

Pros and cons of a heinz bet

The advantage of single bets lies in requiring only one correct prediction to win. However, a significant stake might be necessary for a meaningful return, especially for low odds.

Illustration of a heinz bet:

Betslip(s) Games (1 – 6) Number of betslips
Double 12, 13, 14, 15, 16, 23, 24, 25, 26, 34, 35, 36, 45, 46, 56 15
Treble 123, 124, 125, 126, 134, 135, 136, 145, 146, 156, 234, 235, 236, 245, 246, 256, 345, 346, 356, 456 20
Fourfold 1234, 1235, 1236 1245, 1246, 1256, 1345, 1346, 1356, 1456, 2345, 2346, 2356, 2456, 3456 15
Fivefold 12345, 12346, 12356, 12456, 13456, 23456 6
Sixfold 123456 1
Total number of betslips 57

What is a super heinz bet?

A double bet combines two wagers into one. Here, you bet on the outcomes of two events. Both must be correct for a win, and their odds multiply for the total return, amplified by your stake.

Example of a super heinz bet

For illustration, betting £10 on Barcelona and Manchester City to win their respective matches at 1/1 odds could net £40, turning a £30 profit if both outcomes hold true. If either team loses, the whole stake is gone.

Pros and cons of a heinz bet

Doubling your bet augments potential winnings compared to two singles. But the risk escalates, as a single incorrect outcome means the entire wager is lost.

Illustration of a super heinz bet:

Betslip(s) Games (1 – 7) Number of betslips
Double 12, 13, 14, 15, 16, 17, 23, 24, 25, 26, 27, 34, 35, 36, 37, 45, 46, 47, 56, 57, 67 21
Treble 123, 124, 125, 126, 127, 134, 135, 136, 137, 145, 146, 147, 156, 157, 167, 234, 235, 236, 237, 245, 246, 247, 256, 257, 267, 345, 346, 347, 356, 357, 367, 456, 457, 467, 567 35
Fourfold 1234, 1235, 1236, 1237, 1245, 1246, 1247, 1256, 1257, 1267, 1345, 1346, 1347, 1356, 1357, 1367, 1456, 1457, 1467, 2345, 2346, 2347, 2357, 2367, 2356, 2357, 2367, 2456, 2467, 2567, 3456, 3457, 3467, 3567, 4567 35
Fivefold 12345, 12346, 12356, 12456, 13456, 23456 21
Sixfold 123456, 123457, 123467, 124567, 123567, 134567, 234567 7
Sevenfold 1234567 1
Total number of betslips 120

What is a goliath bet?

Here's a depiction of a successful double bet:

Example of a goliath bet

A treble bet invites bettors to combine three selections on a slip. With all needing to be correct, the potential profit can soar, as the odds are multiplied together—along with your stake.

Pros and cons of a goliath bet

Suppose you place a £10 treble with Arsenal at 6/4, Barcelona at Evens, and Manchester City at Evens. Should all these bets win, you'd claim a £100 return, yielding a £90 profit. A single losing outcome, however, means the entire stake is lost.

Illustration of a goliath bet:

Betslip(s) Games (1 – 8) Number of betslips
Double 12, 13, 14, 15, 16, 17, 18, 23, 24, 25, 26, 27, 28, 34, 35, 36, 37, 38, 45, 46, 47, 48, 56, 57, 58, 67, 68, 78 28
Treble 123, 124, 125, 126, 127, 128, 134, 135, 136, 137, 138, 145, 146, 147, 148, 156, 157, 158, 167, 168, 178, 234, 235, 236, 237, 238, 245, 246, 247, 248, 256, 257, 258, 267, 268, 278, 345, 346, 347, 348, 356, 357, 358, 367, 368, 378 456, 457, 458, 467, 468, 478, 567, 578 56
Fourfold 1234, 1235, 1236, 1237, 1238, 1245, 1246, 1247, 1248, 1256, 1257, 1258, 1267, 1268, 1278, 1345, 1346, 1347, 1348, 1356, 1357, 1358, 1367, 1368, 1378, 1456, 1457, 1458, 1467, 1468, 1567, 1568, 1678, 2345, 2346, 2347, 2348, 2356, 2357, 2358, 2367, 2368, 2378, 2456, 2457, 2458, 2467, 2468, 2478, 2467, 2468, 2478, 2567, 2568, 2578, 3456, 3457, 3458, 3468, 3478, 3467, 3468, 3478, 3567, 3568, 3578, 4567, 4568, 4578, 5678 70
Fivefold 12345, 12346, 12347, 12348, 12356, 12357, 12358, 12367, 12368, 12378, 12456, 12457, 12458, 12467, 12468, 12567, 12568, 12578, 12678, 13456, 13457, 13458, 13467, 13468, 13478, 13567, 13568, 13578, 14567, 14568, 14578, 14678, 15678, 23456, 23457, 23458, 23468, 23478, 23467, 23468, 23478, 23567, 23568, 23578, 23678, 24567, 24568, 24578, 24678, 25678, 34567, 34568, 34578, 34678, 35678, 45678 56
Sixfold 123456, 123457, 123458, 123467, 123468, 123478, 123458, 123467, 123468, 123478, 123567, 123568, 123578, 124567, 124568, 124578, 124678, 134567, 134678, 135678, 145678, 234567, 234568, 234578, 234678, 235678, 245678, 345678 28
Sevenfold 1234567, 1234568, 1234578, 1234678, 1235678, 1245678, 1345678, 2345678 8
Eightfold 12345678 1
Total number of betslips 26

Что такое лаки 15?

Combining three bets, a treble offers increased odds even on favorites. However, all three selections must be spot-on for a payout.

Пример ставки лаки 15

Depiction of a successful treble:

Плюсы и минусы ставки янки

Accumulators, akin to doubles or trebles, involve betting on multiple outcomes. With four or more selections, all must be correct for a win. Their odds are multiplied for the total payout.

Иллюстрация луки 15:

Севилья – Валенсия Арсенал – Тоттенхэм Барселона – Атлетико Мадрид Манчестер Сити – Ливерпуль
Х
Х
Х
Х
Х Х
Х Х
Х Х
Х Х
Х Х
Х Х
Х Х Х
Х Х Х
Х Х Х
Х Х Х
Х Х Х Что такое ставка луки 31?

Пример ставки луки 31

An accumulator example:

Плюсы и минусы ставки луки 31

Imagine wagering £10 on several matches with Sevilla, Arsenal, Barcelona, and Manchester City as winners. Should they all win, you'd enjoy a £250 return and a £240 profit. One miss means forfeiting your stake.

Иллюстрация ставки луки 31:

Accumulating multiple bets can yield significant profits on minimal stakes; however, the risk is inherently high.

Бетслипы

Игры (1 – 5) Количество бетслипов Одиночная
Двойная 1, 2, 3, 4, 5 5
Тройная 12, 13, 14, 15, 23, 24, 25, 34, 35, 45 10
Что такое лаки 15? 123, 124, 125, 134, 135, 145, 234, 235, 245, 345 10
Пример ставки лаки 15 1234, 1235, 1245, 1345, 2345 5
Плюсы и минусы ставки янки 12345 1
Иллюстрация луки 15: 31

Севилья – Валенсия

Depiction of a winning accumulator:

Арсенал – Тоттенхэм

Depiction of a missed accumulator:

Барселона – Атлетико Мадрид

A Trixie bet, often seen in horse racing, extends across four bet combinations: one treble and three doubles. Only two correct outcomes are necessary for a return.

Манчестер Сити – Ливерпуль

Х Х Х
Х 1, 2, 3, 4, 5, 6 6
Х 12, 13, 14, 15, 16, 23, 24, 25, 26, 34, 35, 36, 45, 46, 56 15
Х 123, 124, 125, 126, 134, 135, 136, 145, 146, 156, 234, 235, 236, 245, 246, 256, 345, 346, 356, 456 20
Х 1234, 1235, 1236 1245, 1246, 1256, 1345, 1346, 1356, 1456, 2345, 2346, 2356, 2456, 3456 15
Х 1234, 1235, 1236 1245, 1246, 1256, 1345, 1346, 1356, 1456, 2345, 2346, 2356, 2456, 3456 6
Х 123456 1
Х 63

Consider a £10 Trixie on Arsenal, Barcelona, and Manchester City. Depending on the winnability, returns can shift drastically. One hit means a loss of your entire stake.

Х

Х

Trixies provide a safety buffer with two correct outcomes, yet require paying multiple stakes.

Х

Х

Trixies provide a safety buffer with two correct outcomes, yet require paying multiple stakes.

Х

Х

Trixies provide a safety buffer with two correct outcomes, yet require paying multiple stakes.

Х

Х

Trixies provide a safety buffer with two correct outcomes, yet require paying multiple stakes.

Х

Х

Trixies provide a safety buffer with two correct outcomes, yet require paying multiple stakes.