The Lucky 31 betting format can be used in a number of sports, from football to rugby and more. This betting format is very similar to the Lucky 15 betting format, which features its own calculator in the form of the Lucky 15 bet calculator. Lucky 31 is a multiple-bet format that includes 5 singles, 10 doubles, 10 trebles, 5 four-folds, and 1 five-fold accumulator. Placing all of these multiplier selections into a single wager will give the opportunity for players to be awarded a larger return than a single selection. However, this also means that there is a potential for more money to be lost if one or more of the selections fail. OddsMonkey has created a Lucky 31 bet calculator to ensure that players can find out exactly how much could be won and how much is at risk.
What Is A Lucky 31 Bet Calculator?
The Lucky 31 bet calculator allows you to enter the odds of each of your five selections and the amount you would like to stake whilst also calculating the potential returns on your bet. This calculator can help players assess the potential profit made whilst also informing you of the potential risks if some of the selections do not become successful.
The Lucky 31 bet calculator is very simple in its design, similar to most other calculators available at OddsMonkey. It is easy to follow and only requires a couple of pieces of information for the player to be given an accurate result of their Lucky 31 bet. It is important to double-check what you input into the calculator to avoid any unnecessary errors in your Lucky 31 betting statistics.
How To Use The Lucky 31 Bet Calculator
Whilst placing a Lucky 31 bet can be confusing, the calculator might look daunting at first glance. However, it is as simple as all other OddsMonkey calculators. Firstly, players must input the stake they want to use. It is important to remember that whatever stake you place will be multiplied by 31, as 31 different selections must be placed for the Lucky 31 bet strategy to be effective and work in the correct manner.
Then, all of the odds that are being used in the 5 different selections must be placed into the calculator and players are able to hit the calculator button to find out what would be the return if all 5 selections were successful.
Just like other calculators, such as the Yankee bet calculator and the accumulator calculator, players are able to change what selections are successful and unsuccessful. This showcases all of the different returns and losses that could be made in different outcomes, which is essential to understand as we promote responsible betting and players making fully informed decisions.
Who Can Use The Lucky 31 Bet Calculator?
In typical OddsMonkey fashion, all of the calculators and brilliant tools are available for players to use, yet the Lucky 31 bet calculator is perfect for bettors who prefer to place larger stakes, as 31 different bets are needed to be placed across 5 selections.
The Lucky 31 bet strategy can be used across loads of different sports, with no specific requirements when it comes to placing these bets on any sport. This means fans of any sport are able to take advantage of the Lucky 31 bet calculator no matter what sport is being used. If players are looking to learn more about specific sports betting, take a look at our football betting guide and our boxing betting guide.
Why Use The Lucky 31 Bet Calculator?
With the Lucky 31 bet format being quite complicated, trying to figure out how many different outcomes there are in terms of the returns made can be extremely time-consuming and confusing, leading to errors. The calculator is the perfect way for players to check through their Lucky 31 bet and make sure that the bet they are placing is worth the risk of the stake; this supports responsible play as players are able to fully understand the risks before making them.
Also, the calculator makes the entire process less time-consuming as players do not have to work out the results themselves, meaning players can quickly input the values into the calculator which is very handy!
Use The Lucky 31 Bet Calculator At OddsMonkey
The Lucky 31 bet calculator is essential for anyone who is looking to use this betting strategy; there are plenty of other betting strategies that players can take advantage of here at OddsMonkey, which can be found on our matched betting blog.
While the Lucky 31 bet calculator is extremely handy, there are loads of other calculators available to anyone on the OddsMonkey site, with the matched betting calculator being one of the most popular.