Matched Betting Calculator
Calculate lay stakes and guaranteed profits for matched betting opportunities. Includes standard, each-way, and underlay calculators with profit tracking.
Calculator Mode
Choose the type of matched betting calculation
Bet Details
Enter back and lay bet information
Qualifying Loss by Odds
How qualifying loss changes at different odds levels (with 5% commission)
Key Insight: Lower odds result in smaller qualifying losses but also smaller potential profits. Higher odds require more capital but offer better free bet extraction rates.
How to Use This Calculator
Example Scenarios
Free Bet Conversion
Scenario: You receive a $20 free bet at odds of 5.0.
Calculation: With lay odds at 4.8 and 5% commission, the calculator suggests a lay stake of $18.95.
Result: Guaranteed profit of $19.02, regardless of the outcome.
Qualifying Bet Scenario
Scenario: You place a $10 qualifying bet at odds of 3.0.
Calculation: Lay odds are 2.9 with 5% commission. The calculator suggests a lay stake of $9.80.
Result: Qualifying loss calculated at $0.20, setting up future free bet opportunities.
Frequently Asked Questions
What is a matched betting calculator?
A matched betting calculator is a tool that calculates the required lay stake to ensure a profit or break-even outcome when matched betting. It helps bettors utilize bookmaker offers and promotions by providing accurate calculations for both back and lay bets.
How does the lay stake calculator work?
The lay stake calculator uses the odds of the back bet and the lay bet, as well as the exchange commission, to determine the precise amount you should stake on the lay bet. This ensures that you cover all outcomes for a guaranteed profit or minimal loss.
Can I use this for arbitrage betting?
Yes, the matched betting calculator can be used as an arbitrage betting calculator. By identifying discrepancies in odds between bookmakers and exchanges, you can exploit these differences for risk-free profits.
What is a qualifying loss?
A qualifying loss is the small, calculated loss you may incur when placing a qualifying bet to unlock a free bet offer. The matched betting calculator helps you minimize this loss, setting up opportunities for guaranteed profits from subsequent free bets.
Is matched betting legal?
Yes, matched betting is legal in many jurisdictions as it involves using bookmaker promotions within the terms and conditions provided. However, it's essential to check local laws and betting site rules to ensure compliance.
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