Betting to Break Even in a 6 Horse Race (but having the winner every time!)

initial screen

You can access it here:

https://l7tcnv.csb.app/

Horse Racing Betting Calculator — User Guide

Overview This calculator helps you spread your stake across multiple horses in a race to minimize losses while maintaining the excitement of betting. It uses a mathematical approach called “arbitrage betting” but typically won’t guarantee a profit due to the bookmaker’s margin.

How to Use the Calculator

1. Enter Your Stake

• Default is £10.00
• You can adjust this up or down based on your budget
• This is the total amount you’ll be betting across all horses

2. Enter Horse Information

• Add details for exactly 6 horses
• For each horse you need:
• Horse Name
• Betting Odds in X:Y format (e.g., 6:1, 3:1, etc.)

Common odds examples:

• Favorite: 2:1 to 4:1
• Mid-range: 5:1 to 12:1
• Longshots: 15:1 to 50:1

3. Calculate Bets

• Once all 6 horses are entered, click “Calculate Bets”
• The system will show you how much to bet on each horse

Understanding the Results

Betting Summary Example:

Online Example given with AI code

Total Stake: £10.00

Bet £3.20 on Thunder (3:1) - Potential return: £12.80
Bet £2.40 on Lightning (4:1) - Potential return: £12.00
Bet £1.60 on Storm (6:1) - Potential return: £11.20
Bet £1.20 on Bolt (8:1) - Potential return: £10.80
Bet £0.90 on Flash (10:1) - Potential return: £9.90
Bet £0.70 on Dash (12:1) - Potential return: £9.10
Total bet: £10.00

the actual result from the software:

Mathematical Insight

The calculator uses implied probabilities to distribute your stake proportionally. For example:

• Odds of 2:1 imply a 33.3% chance of winning
• Odds of 4:1 imply a 20% chance of winning
• The system adjusts these probabilities to ensure proportional betting.

Remember: It is not a profit-making system, and you should always gamble responsibly and within your means.