BetMachine
Detailed App Info:
Application Description
BetMachine helps you manage your bets by performing some of the more tedious calculations for you. It features:
- Odds converter
- Returns calculator
- Dutching calculator
- Detailed help section
Please visit the support URL before purchasing BetMachine. This contains more detailed information that will assist you in making an informed purchasing decision. We don't want to sell you something that doesn't meet your requirements. If you have any questions or suggestions, feel free to send us an email (details on the support page).
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Odds converter
==============
The odds converter converts between the following types of odds:
- Decimal (eg, 3, 4.25, 7.635)
- Fractional (eg, 10/11, 7/4, 11/1)
- Moneyline, or American (eg, +200, -150, +482)
- Probability (eg, 0.5, 0.3333, 0.25)
BetMachine converts to "standard" fractional odds used by (UK) bookmakers - for example, decimal odds of 2.5 will be rendered as 6/4, rather than 3/2. When decimal or moneyline odds are not an exact match for any standard fractional odds the nearest standard fractional odds will be displayed.
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Returns calculator
==================
The returns calculator works out how much your bookmaker (with any luck) owes you. Its emphasis is on accumulator bets and it's based on UK settling rules.
Based on your unit stake, and whether the bet is win-only or each-way, a report is generated for:
- Singles
- Accumulator
- Full cover (with and without singles)
The selections within the bet(s) can be defined in terms of:
- Odds
- Place terms (eg, 1/4)
- Rule 4 deduction, in pence/percentage (e.g. 10)
- Number of selections that tied for the win/place
- Outcome
===================
Dutching calculator
===================
Dutching (named after New York gangster "Dutch" Schultz) involves mitigating the risk of losing by backing more than one selection in a race or event.
The process involves calculating the stake to be placed on each selection, given the odds, so that the same amount of money is returned regardless of which selection wins — assuming that one of them does actually win!
BetMachine can calculate the individual selection stakes based on:
- total available stake; or
- desired profit.
============
Help section
============
The help section contains information on all three main areas of functionality - ie, odds converter, returns calculator and Dutching calculator.
- Odds converter
- Returns calculator
- Dutching calculator
- Detailed help section
Please visit the support URL before purchasing BetMachine. This contains more detailed information that will assist you in making an informed purchasing decision. We don't want to sell you something that doesn't meet your requirements. If you have any questions or suggestions, feel free to send us an email (details on the support page).
==============
Odds converter
==============
The odds converter converts between the following types of odds:
- Decimal (eg, 3, 4.25, 7.635)
- Fractional (eg, 10/11, 7/4, 11/1)
- Moneyline, or American (eg, +200, -150, +482)
- Probability (eg, 0.5, 0.3333, 0.25)
BetMachine converts to "standard" fractional odds used by (UK) bookmakers - for example, decimal odds of 2.5 will be rendered as 6/4, rather than 3/2. When decimal or moneyline odds are not an exact match for any standard fractional odds the nearest standard fractional odds will be displayed.
==================
Returns calculator
==================
The returns calculator works out how much your bookmaker (with any luck) owes you. Its emphasis is on accumulator bets and it's based on UK settling rules.
Based on your unit stake, and whether the bet is win-only or each-way, a report is generated for:
- Singles
- Accumulator
- Full cover (with and without singles)
The selections within the bet(s) can be defined in terms of:
- Odds
- Place terms (eg, 1/4)
- Rule 4 deduction, in pence/percentage (e.g. 10)
- Number of selections that tied for the win/place
- Outcome
===================
Dutching calculator
===================
Dutching (named after New York gangster "Dutch" Schultz) involves mitigating the risk of losing by backing more than one selection in a race or event.
The process involves calculating the stake to be placed on each selection, given the odds, so that the same amount of money is returned regardless of which selection wins — assuming that one of them does actually win!
BetMachine can calculate the individual selection stakes based on:
- total available stake; or
- desired profit.
============
Help section
============
The help section contains information on all three main areas of functionality - ie, odds converter, returns calculator and Dutching calculator.
Requirements
Your mobile device must have at least 4.21 MB of space to download and install BetMachine app. BetMachine was updated to a new version. Purchase this version for $1.99
If you have any problems with installation or in-app purchase, found bugs, questions, comments about this application, you can visit the official website of Decision Mechanics Limited at http://www.decisionmechanics.com.
Copyright © 2012 Decision Mechanics Limited
