- Betpack /
- Betting Calculators /
- Canadian Calculator
- Matched Bet Calculator
- Surebet Calculator
- Accumulator Calculator
- Asian Handicap Calculator
- Odds Calculator
- Dutching Calculator
- Hedge Bet Calculator
- Lay Bet Calculator
- Free Bet Calculator
- Kelly Criterion Calculator
- Yankee Calculator
- Lucky 15 Calculator
- Lucky 31 Calculator
- Patent Calculator
- Heinz Calculator
- Canadian Calculator
Calculators
-
Matched Bet Calculator
-
Surebet Calculator
-
Accumulator Calculator
-
Asian Handicap Calculator
-
Odds Calculator
-
Dutching Calculator
-
Hedge Bet Calculator
-
Lay Bet Calculator
-
Free Bet Calculator
-
Kelly Criterion Calculator
-
Yankee Calculator
-
Lucky 15 Calculator
-
Lucky 31 Calculator
-
Patent Calculator
-
Heinz Calculator
-
Canadian Calculator
How to Use a Canadian Calculator
You might be wondering if this tool is easy to use and want to understand the steps it takes to use it for your next betting round. In that case, we’ve highlighted how to use this Canadian calculator. Check out the steps below to see how you can use the calculator before proceeding to place Canadian bets.
Decide on a Total Stake and Input It
The first step is to decide on the total amount you want to stake. And when you decide on a number, you’ll need to input it in the Total Stake field. The calculator will automatically calculate the amount you’ll place on each selection. For instance, if your total stake is NZ$1000, each selection will take NZ$38.46.
Provide the Odds in Your Preferred Format
The next step is to enter the odds for each selection in your Canadian bet. You have five fields to fill out. So, enter each one with the correct odds. You can use any odds format you want. The calculator can understand various formats. Therefore, you won’t have any issues when you want to simulate your selections.
Simulate the Outcome of Each Selection
You then need to simulate different outcomes for each selection to automatically generate the final output value. You can toggle between Win, Loss, or Push/Void. In that case, you can try multiple combinations to see which one will give you the best outcome and the one that will give you the worst outcome.
See the Final Output Value
Depending on your simulation, the final output value can be a profit or loss. So, you can check out the potential value you’ll get if all the selection wins, losses, and a mix of wins, losses, and void. That way, you know what to expect when you decide to place Canadian bets, and you can proceed accordingly.
Betpack Tips for Effectively Using a Canadian Calculator
To effectively use this tool, there are certain tips you can check out. We’ve highlighted some of these tips below to help you use the Canadian calculator to its full potential. That way, you can get started and get the best out of the calculator.
Ensure you simulate as many outcomes as possible
Use high stakes
Don’t neglect the summary table
For each selection you have, ensure you try as many combinations as possible. That way, you’ll know which combination is best suited and most realistic to enjoy.
Examples with the Canadian Betting Calculator
You can see the possible returns on your bets with great ease by using the Canadian Betting Calculator. We have prepared a table that includes all of the data related to the five different types of selection in order to demonstrate the calculation process. from the odds selected to the kind of bets made and the possible return for the player. It should be noted that each wager was valued at NZ$10 in total.
Team | Odds | Bet Type | Potential Return |
---|---|---|---|
A |
1.5 |
Double (A+B) |
NZ$30 |
B |
2.0 |
Double (B+C) |
NZ$50 |
C |
2.5 |
Triple (A+B+C) |
NZ$75 |
D |
3.0 |
Four-Fold (A+B+C+D) |
NZ$450 |
E |
3.5 |
Five-Fold (A+B+C+D+E) |
NZ$1,575 |
Frequently Asked Questions
What Is a Canadian Calculator in Betting?
A Canadian calculator is a tool that helps you simulate different outcomes for your Canadian bet simulations.
When Can I Use a Canadian Calculator?
You can use this calculator whenever you want to place Canadian bets.
Is the Canadian Calculator Free to Use?
Yes, this tool is free to use on our website.