Computer calorie counter

Hi there, I have just bought a new Boardman cycling computer which has features a calorie counter and fat grams you've burnt. How accurate is this ? I usually average about 19 mile an hour for a couple of hours session and the computers saying I've burnt around 1200 calories. I know it cant be totally accurate but its sounds an awful lot. Any ideas?
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My polar hrm, which uses age, weight, sex, level of activity, max hrm, etc, tells me I usually average 650 an hour and I'm up to about 18mph at 75% MHR(150), my power output is about 205 watts.
So not too far out.