Each Way Bet Calculator – Work Out Your Returns

How do we calculate a Heinz bet?

To calculate your Heinz bet enter the details of your bet into the calculator. This will then tell you the total of your winnings. The calculator also offers an option to allow for each way bets.

In order to calculate any future winnings from a Heinz bet, you must first calculate the total outcome of 57 bets on a total of six selections. These selections are 15 doubles, 20 trebles, 15 four-folds accumulators, 6 five-fold accumulators, and 1 six-fold accumulator.

Our Heinz betting calculator blog post discusses what bets should you consider alongside how to use the Heinz betting calculator itself. Well worth a read If you’re interested on how exactly the Heinz bet works in more detail.

Are you looking to win some serious money when it comes to betting? If so, then as the saying goes ‘you have to be in it, to win it’. Placing a more complex bet, such as the Heinz bet, which we’re looking at today, can be quite frustrating. In today’s guide, we’re going to be looking at the ins and outs of Heinz bets, and will be looking at what they are, why they’re so popular, and why the need for a Heinz bet calculator.

When placing a bet, there’s always that element of excitement and anticipation before the results come in. You convince yourself that this will be your lucky bet, and who knows, maybe it will be? When the bet is a complex one such as a Heinz bet, with high stakes riding on it, however, it really does pay to know what you stand to make. This is where the need for a Heinz bet calculator becomes so apparent. Here is your ultimate guide to Heinz bets and bet calculators.

First off, don’t Heinz do baked beans, so what does this have to do with betting?

Yes, Heinz do indeed do baked beans, as well as soups, and other tinned goods. And yes, we are indeed talking about that Heinz brand. Don’t worry, though, this bet has nothing to do with baked beans or tomato soup. It does however, have a little something to do with the fact that Heinz are famous for their 57 varieties. Read the tin of any Heinz product and you’ll see this phrase printed boldly and prominently on the front of the tin, but what does it mean? Well, basically they offer 57 varieties of their world-famous products. The number 57 is very relevant in this instance because the bet, also known as a full cover bet, is a high volume bet which is made up of 57 bets which are spread, like butter on toast that goes so well with baked beans, across six selections. There are no single bets which are included. Placing one of these bets is quite costly, but the rewards are very high. To help you understand how it works, if you wanted to place a bet for win only, for £1, this bet would cost you £57 because it made up of 57 bets like we just mentioned. These 57 bets are comprised of the following:

  • 20 trebles
  • 15 doubles
  • 15 four-fold accumulators
  • 6 five-fold accumulators
  • 1 six-fold accumulator

As there are no single bets included, if you wish to stand any chance of seeing a return, two or more selections must come in.

Got any examples?

If you’re not great with numbers, and/or you’re new to the world of betting, you might not be entirely sure about how the bet works. Again, this is where a Heinz bet calculator would be so handy, but to make life easier, here’s a quick example. So, if you placed a bet on the winners of 6 horse races, if they all had odds of 8/1 (highly unlikely, but still) you would need at least two horses of the six to win. If you’d staked £1 (spent £57) then you would see a profit of £24 with a return of £81. The more horses that won, the more money you would get back. This jump up is quite considerable because if one more horse won, you would see a return of £972! Now you can see why people are willing to spend more than usual.

What is a Heinz bet calculator?

In the example above, we simplified matters by giving equal odds and going with just a £1 stake. Even though, working out how much you would make wouldn’t be easy. A Heinz bet calculator, though, is there to make things easy. These calculators are online betting tools which require you to enter the info about your bet, and then have the calculator do the figures for you and tell you how much you stand to make. As the name implies, it is a calculator designed specifically for these types of bet. These calculators simplify everything about the bet so you know what sort of numbers and returns you are dealing with.

Using a Heinz bet calculator

Using one of these online tools couldn’t be any simpler or straightforward. You’ll need info about your horses, I.E the odds, etc, but once you enter the info, the calculator does the rest. To use this calculator:

  • Select your six, erm, selections
  • Choose the odds format and enter your stake
  • Decide whether to go each way or not
  • Enter the odds off of the bookie’s website
  • Select the result (void, placed, won, or lost)
  • Click ‘calculate’ and see how much you’ve spent and how much you’ll make

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About the author

Carl Hughes

Editor

Carl Hughes

Editor

Carl Hughes is a leading expert on sports and casino betting. Carl began his career with a BSc in Sport, Exercise and Health Sciences from the University of Birmingham before working within the industry for some of the bigger names (GVC and Bet365) and has been praised as being "a leading sports betting commentator".