Matched Betting Calculator
Please use our friendly matched betting calculator if you need to calculate your matched betting lay stake or figure out how much profit you will make from your matched bets or arbs. Also, if you think you are not the only one which can benefit from this knowledge, please use the below links to share it.
How to calculate your Qualifying Bet?
To calculate your qualifying bet with our matched betting calculator, you need to change it on NORMAL. Your Back Stake will be the value of the BACK BET, the bet you place at the bookmaker. For example, if you bet £25 on Betfred, then you would put ’25’ in the Back Stake box. Your Back Odds are the odds of the bet you placed from bookie; let’s say that you placed the £25 on Chelsea to win at 2.0 – Back Odds is 2.0. The Back Commission box will almost always be 0%, unless you are placing your bet on a betting exchange.
The Lay Odds are the odds that you have laid your bet at any Exchange Market, such as Betfair, Smarkets, etc. Using the previous example, at Smarkets, Chelsea had a lay odd of 2.15. So, you put 2.15 into the Lay Odds box. The Lay Commission is the commission from exchange market, on Betfair is 5%, Smarkets is 2%, etc. So, the Lay Commission is than 2%.
If you put in the numbers listed above as an example, the calculator should show a loss of -£2.00 and your lay stake of £23.47.
How to calculate your Free Bet?
To calculate your profit from the free bet, you need to change the Bet Type from NORMAL to FREE BET SNR (Free Bet – Stake Not Returned). There will be very few occasions when you need to use Free Bet (SR), so for the moment you don’t need to worry about this option. So, using the same principle from “How to calculate your Qualifying Bet?” tab, you can now put in your Back Stake, Back and Lay Odds, and Lay Commission for your free bet. Remember to use your free bets at higher odds, we would recommend above 5. However, try to prevent using them on horse racing, so your risk to get gubbed is lower.
For this example, we backed Watford to win at odds of 5.0 at a £25 stake (free bet) and laid them on Exchange Market at odds of 5.2. With 2% commission included, the calculator shows that will make a profit of £18.92 from this match, regardless of who wins. So, your NET PROFIT will be £16.92 = £18.92 – £2.00 (the lost on our qualifying bet).
What's next after FAQ?
Now, after we covered the most basics questions about matched betting calculator, we can GET STARTED immediately. However, we would recommend to go through other materials on your own pace or you can check out the bookmakers SignUp Guides – 2nd step from Get Started.