Use this Matched Betting Calculator to calculate best possible Lay stake to ensure maximum profits.
To maximize your profits use our Free Bet List and Matched Betting Guide!
Instructions:
Back Stake - Put here amount of your stake whether it’s a bonus, a free bet or a qualifier.
Back odds (decimal) – Odds offered by the bookmaker
Back commission (%) – Usually you should put “0″ here as most bookmakers don’t have any commission. If you’re extracting bonus from another exchange put percentage of commission here.
Lay odds (decimal) – Odds offered by the betting exchange
Lay commission (%) – Commission you need to pay from winning bets in Betting Exchanges. In Betfair it’s 5%.
Qualifier Bet – It’s a bet which you need to place in order to receive a bonus or a free bet.
Bonus(SR) – Check this if it’s a bonus where your stake is returned if your bet loses.
Free Bet(SNR) – It’s a free bet where you’re stake isn’t returned when you’re bet loses
Lay stake – This field shows you amount of stake which you need to lay in betting exchange.
Liability – Your possible loss in Betfair
Alternatively you can download Excel Matched Betting Calculator
Matched Betting Calculator video instructions:
Betfair Explained
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April 9th, 2012 at 1:52 pm
Hi,
I have seen your page, please i need a matched betting calculator in which i can add or subtract the result of cricket match. For example two teams are playing cricket A & B. A is on batting their rate is 40-42 we back it on 40 and then when the rate of A is 90-92 we Lay it and the covering margin is 50 so we need a cricket betting software?
Thanks and regards,
Bilal Babar.