Canadian Bet Calculator Explained and Where to Use Them
It seems that there are new types of bets being introduced all the time. Despite the innovations, there are still several that seem to have been around forever and the Canadian bet is one of them.
The Canadian bet is a way of getting a large win if your luck is in. Rather than a straightforward win accumulator such as a double or treble, this bet doesn’t fall apart if one selection fails to be a winner.
You can get a return on your stake from this bet even if just two of your selections is a winner. Five selections are required for a Canadian (sometimes referred to a a Super Yankee) and there are 26 different bets being laid.
There are 10 doubles, 10 trebles, five four-folds and one five-fold. That’s a lot of bets and working out just how much you could win isn’t a simple task. Thankfully, help is at hand if you use a Canadian bet calculator. This differs from a Lucky 31, which also uses five selections, simply because that bet includes five singles.
Using the Canadian bet calculator really is a necessity unless you’re a potential candidate to go on the Countdown gameshow. Can you work out how much your winning five-fold would be if the winners had odds of 7/2, 9/4, 11/4, 8/5 and 23/10? Probably not, even working out your stake to cover the 26 bets isn’t the easiest of tasks. It’s a good confirmation of your stake just in case it’s more than you thought it might be.
There are some great wins to be had from a Canadian, even without all five selections winning. By using the Canadian bet calculator, you can see how much each of the individual bets will return.
This can be achieved before the selections begin their events if a price has been taken. Doing so gives you a tantalizing preview of how much you could be winning. As the bet begins you can use the Canadian bet calculator to see how it’s progressing. If one selection goes down, you can still use the calculator to see what the new maximum winnings may be if the others all win.
All that you need to do is to enter your stake per bet and whether you are going for win or each-way selections. If you are betting each-way, there’ll be 52 bets to pay for. You are then required to enter the odds for each selection and the calculator will work out the potential returns for each bet and an overall figure.
This kind of bet can be made using selections from a number of different sports. Look out too for bonuses that are offered by bookmakers. They sometimes offer a percentage bonus if all five selections are winner. A percentage bonus can also be offered if just one of your selections wins. If that is the case, hope it’s the one with the best odds that is a winner.