The Alphabet Bet Calculator is recommended to be used by every bettor, regardless of their knowledge. Due to the presence of permutations and multiple columns in the total bet, it is difficult to do the calculation by heart. It requires the application of complex algorithms and consideration of different combinations depending on the selections added to the ticket.
Understanding the arbitrage betting calculator.
This tool is similar to the regular calculator that is built into your phone, but is used to calculate Alphabet bets. It’s divided into two areas – the top area contains the fields for setting rules, and the bottom area contains the odds of the individual selections.
The user’s first task is to determine the type of odds to use. Decimal is initially set, but there are options to convert to fractional (fractional) and American. It is correct to choose the type that is available in the bookmaker used.
Later in the calculator it should be specified whether Rule 4 and Two-Way Bet apply. These conditions are active on most sites that accept betting on horse racing.
A stake value should be entered and it should be determined whether it is a total or applies to an individual bet. For example, if you fill in 10 units per bet, it follows that the price of the slip will equal 260 units.
In the next six fields, the result is selected (Win, Grand Heit, Lose, Return) and the odds of the respective selection are filled in. Note that if you mark a market outcome – “Dead Heat”, you will need to specify how many winners there are.
How to use the calculator correctly
If you have already used a triple bet calculator, you will find it easier to apply the Alphabet Bet calculation tool. The steps are relatively similar, but Alphabet has some features that are important to know.
- Set the type of odds – decimal, American, fractional.
- Indicate if the bet is two-way, i.e. it refers to win and place.
- Tick the box opposite “Rule 4” if this condition applies at your bookmaker.
- Enter the value of the bet and select whether it will be pooled or apply to each selection separately.
- Fill in the odds of the 6 markets and their results if they have already become clear.
- Clicking on the “Calculate” button will display the results in tabular form.
- If you want to do a new calculation, tick the “Reset” option.
The Alphabet Bet Calculator function outputs three results – coupon price, full win, net win (after removing the bet).
Benefits of using our tool
The use of the calculator will clearly show you what an Alphabet bet is and why it is so common among bettors. You can calculate odds in different types, set/remove rules and reset the data when you want to make a new calculation. If you feel in the mood for more risky and rewarding bet look no further than our Super Heinz bet calculating tool.
Apart from calculating the potential profit from an Alphabet bet, the tool is also used to check settled tickets. If you have any doubts that the bookmaker has made a mistake when paying out the winnings, enter the results and odds of the selections into the calculator and you will get the information in seconds.
With Alphabet betting, the placement of the markets on the bet slip matters, but this will be discussed later in the text. The calculator allows you to change positions and make different permutations depending on expectations and predictions.
Explanation of Alphabet Bet
This type of bet is named after the alphabet because it includes 26 separate bets (columns). It consists of six selections that are combined as follows:
- Patent (7 bets) – selections #1 to #3;
- Patent (7 bets) – selections 4 to 6;
- Yankees (11 bets) – selections #2 to #5;
- Accumulator (1 bet) – selections #1 through #6.
When participating in an Alphabet bet, place the markets whose outcomes seem the most difficult to predict in the first and sixth positions. Even if they do not end in a successful way for you, the probability of hitting the Yankee bet will be preserved.
Important: Not all bookmakers accept an Alphabet bet. So before signing up with a site, research its options and what combinations are allowed.
Sports to which the calculator can be applied
If you’ve already tried an exacta calculator, you’ve probably noticed that it’s aimed at horse racing bets. With the Alphabet betting calculator tool, there are no such restrictions. It can be applied to all sports, whether team or individual.
Another great choice for sports with many outcomes is our patent calculator.
Bookmakers accept combinations containing selections from different disciplines. For example, if you follow basketball (NBA) and tennis (ATP) closely, you can add 3 events from both sports and form an Alphabet bet.
In case you have added markets from dog racing, horse racing and motorsports, be sure to note that “Rule 4” applies.
If the bet is settled as a “Grandad Heath”, this should be stated in the “Result” section.
Final words
The advantage of using an Alphabet Bet Calculator relies on the ease of calculating the total price and expected winnings. This type of bet is not so easy to understand, especially for beginners, because it combines six selections in all sorts of ways.
Again, we remind you to place the markets that worry you the most and seem the riskiest in the first and sixth spots on the ticket.
Yes, it is mandatory to fill in an amount and indicate if it applies to each bet. This way the calculator returns an accurate price for the ticket.
When participating in the Alphabet Bet Calculator, 6 markets need to be added to form 26 separate bets.
