After Manchester United take the lead, their price comes in to 1. Choose from over 36 Horse Racing venues, and place a Horse Racing bet, either for an outcome (to Back) or against it (to. Check the ‘Primary’ and. Check with your bookmaker to see how many places they will pay to. ️ Bet on Barcelona: 100 / Barcelona Odds = 100 / 3. That will be the entire amount you will use for the bet. Odds Calculator. Lay Stake = Back Odds * Back Stake / (Lay Odds. About our bet calculator. lol "Live On Line" Craps. Then the worst thing that can happen to your bet happens. Arbitrage Calculator. Kelly Criterion Calculator - Know Your Stakes Quickly - Kelly Criterion determines how much of a stake you. This calculator is designed for when you’ve already a wager on the market. 50. 42. $50 x 5% = $2. Our matched betting calculator allows you to calculate a qualifying bet or any free bet, so you know exactly how much to stake on your lay bet in order to minimise initial losses and maximise overall profits. ET. A Lay Bet Calculator helps you see your possible winnings and liability when placing lay bets on a betting exchange Use our Lay Bet Calculator today. You could Lay Liability will be Bookmaker bet wins Exchange Lay. A betting odds calculator multiplies the stakes by the odds to determine the potential profit on your sports betting wagers. 42 vig and an $8. 5 goals). Hedging Calculator. Where the lay bet on a place market has a maximum odds limit specified, the potential winnings on the bet (i. If your horse finished in places 2nd. Matchbook Calculator - Matched betting calculator that works for Matchbook's commission structure. You can use the calculator for all betting markets, including football, horse racing, basketball, soccer and rugby. " "Pass bets" have odds of 1 to 1, which means you can double your money. We have created one for you on this page to make the most of arbitrage bets when a chance arises. 02) * 20 = £19. Enter the “Back Commission %” if applicable. However, when you lay a bet, things work the opposite way round. Accordingly, taking a lay position on outcome 2 is equivalent to taking a back position on outcomes 1X. Common fraction values are 1/3 and 1/4 for horse racing and 1/2 for 2nd place in a sports tournament. Odds are 3:2 therefore you need to lay the 5 in an amount divisible by 3. Lay Stake = (Back odds x Back stake)/Lay odds Lay Stake = (1. Lay Betting Explained. Each Way Calculator - Can operate in SNR mode so you can use free bets on extra place races. Let’s break down the example above. - £/€20 in Free Bets. 0 and lay odds for Red Rum to place are 3. It is not free to use, but it offers a number of features that make it worth the subscription fee. If the selection wins, you lose the backers stake multiplied by the price of the selection (minus the stake amount). 50 × 2. 56 on the table. Unlike the lay odds for each leg, the lay odds for the single accumulator lay bet cannot be edited. Back a bet at the bookmaker and Lay the bet on Betfair. Free matched betting calculator and odds converter available with Team Profit. The chance of winning a lay bet is between 46% and 47. 63 and you're out with your £40. 55 against your ‘ Brighton & Everton ‘ multiple at Smarkets. This is simply a small percentage of your potential winnings from lay bets. For example, if you wish to back 5 selections with £2 each, the total stake you will be risking is 5×2 = £10. Play. Lets assume double odds and a don't pass bet of $10. This back and lay calculator shows you the exact stake required, providing you supply the current odds available and the odds and stake already matched. £700 – £444. Enter the “Notional Bet”, which is the amount in dollars that you wish to wager on the reverse bet at a particular sports betting site. The Sequential Lay Calculator will help you with sequential lay bet amounts when placing accumulator bets. Hedging opportunities to guarantee a profit occur in two scenarios: 1. 56 regardless of which player wins. 50 = $125. 0, so your liability is £30. A multiple is just a single bet that includes more than one selection. For example: (5/1) +1 = 6. Paddy Power) Your Lay Bet (eg. To win. When you reach the final leg, the calculator offers you to choose between a risk-free. Bet Type. Kelly Criterion Calculator. Our hedge betting calculator will help you calculate how to place lay bets for betting exchanges, a tool which can really come in handy if you wish to bet against an event. 63 in qualifying for your £10 free bet. Formula to calculate lay bet stake. In the Odds Column enter the odds of your bets. Multi Lay Bets Calculator. In this case, it will show you that if your bet wins, you will receive a payout of $50 x 2. Only deposits made via Cards will be eligible for the promotion (Apple Pay excluded). You can continue to let this bet ride, or you can hedge it. Enter the odds for Game 1, Game 2 and so on. BOG Lock In Calculator. The liquidity is the amount of money available for you to bet (back/lay) at the relevant odds on a selection on the Exchange. The Free Bet Calculator is the world’s leading online sports bet calculator. Yes, our odds calculator shows the implied probability of winning your bet outright in an easy to read percentage. After Manchester United take the lead, their price comes in to 1. A reasonable match would be odds of 7 at the bookie and 8 at the exchange. However, the advantage of placing a LAY bet on Betfair is the possibility to bet LAY on all markets, for example,. The process of placing a lay bet typically includes a commission on any winnings by the betting exchange. 50/1 odds Calculator. 15. This is where the lay calculator comes in. Once the above two are done, add the lay. 84 into the Lay Odds box. Based on the probability of a given result (value of the odd), you can confirm how much you can win with your bets. Bet on the draw: 100 / Draw Odds = 100 / 4. This means that if you place $100 on every game in your betting schedule, you’ll end up wagering $250 over the course of the season. If the favoured Boston Celtics win the matchup their bet will return them $111. It is designed to calculate the optimal bets to place for a single event. 30 = €30. Odds Away 2. It’s not the best bet in the casino, but it’s also not the worst! Related – Advanced Craps Betting Strategy. It doesn't consider odds because I don't understand your odds. Enter your stake, bet type, odds (fractional or decimal), place terms (if applicable) and then hit the calculate button. Bet 1 Odds. 2 which means there is a 20% chance of the outcome happening. Enter your stake, or bet amount. You can also calculate in the Lay-Back direction. The higher the number, the higher the probability of you losing the bet. The Matched Betting Calculator will tell you exactly how much your lay bet should be, how much liability you will need and your profit (from free bets) or qualifying loss (from initial qualifying bets). Liability in betting is the amount of money needed to cover the outcome of a bet. This calculator supports both approaches. 4. Find a suitable bet using an Oddsmatcher or Matcha software. This arb calculator works out the optimal stakes to place on both outcomes of a two outcome event to lock in a profit. • To convert moneyline odds into decimal odds, divide the figure by 100 and add 1. Full guide hereFind a suitable bet using an Oddsmatcher or Matcha software. Simply enter the stake and odds and it will tell you the exact figure you need to lay on Betfair. Venera, SVR 1851, MALTA. The default option is Back – Stake Available (Fixed Stake) Select Stake Available. Initially, you may feel slightly uncomfortable with the idea to place quite a few bets per day, but there really is nothing to worry about – it will only take you a few days to build your matched betting. Bonusbank also provides free and premium resources to help you with matched betting. 4. The more bets you include and the bigger the underdogs, creates a bigger potential payout, but decreases your odds and increases your risk. Just like the back. The fields you need to populate are: The original odds of your horse before the Rule 4 deduction. Sequential Lay. 30 and so on. - A calculator to help lock in BOG profit. 00. Let’s say that the lay odds on Betfair Exchange for Red Rum to win are 9. Cowboys minus 170. Looking at a craps table, the payout odds for landing a 4 are 9:5. Lay bet on the 6 or 8: odds of 6:5. The calculator also supports opposing back and lay bets with two different exchanges. Juice in sports betting is the cut a sportsbook keeps for taking your bet. So, you put 2. The Sequential Lay Calculator can be used to make risk-free profit from accumulator bets. Calculator. Let’s look at an example where you want to Lay a bet on the 8 for $60. The calculator automatically estimates lay odds to be 10% higher than the back odds. How can I calculate the equivalent odds for Back and Lay? The formula is very simple: equivalent odds = decimal odds / ( decimal odds - 1). These can be in decimal format or fractions. If you want to calculate for regular odds instead of lay odds, use our arbitrage betting calculator. BOG Lock In Calculator. In other words, when you place a 50/1 bet, your chances of winning are 1. One example is our Single bet calculator, which allows users to enter the odds for 1 singular selection, and then adjust things such as their total stake in order to see the potential returns. The closer the bet, the higher the total overall profit. If you lay £10 on a bet, you’re actually aiming to WIN £10. Kelly Criterion Calculator - Know Your Stakes Quickly - Kelly Criterion determines how much of a stake you should risk on a favorable bet, is a popular staking method which suggests that your stake should be proportional to the perceived edge. Betting Calculators. Of course, there is a specific matched betting calculator that is used for bets that require both a Back and Lay selection. Use it as your craps odds calculator and make exactly the right bets at any given time. Three strategies are calculated. The OddsMonkey Lay Bet Calculator is a more advanced lay bet calculator that can be used to calculate lay bets for a variety of different betting scenarios, such as matched betting and arbitrage betting. In. The following is a collection of free online calculators for sports betting enthusiasts. For any queries relating to Betting. 09. Try them out at By placing a $44. 5 / (18. Enter the odds (in decimal format) at which you have taken a position (lay or back) and the odds at which you aim to partially close the position! Fill only one of the two fields depending on what position you have taken; leave the other one blank! (optional) Enter the commission charged by the exchange!A betting exchange acts as a middleman between a backer and a layer. NB: The 'lay stake' is automatically calculated for you after you have inputted the four relevant figures (bet stake/back odds/lay odds/lay comm. It’s a method that’s increased in popularity in recent years thanks to the emergence of betting exchanges like Betfair. This project is a fork (offshoot) of the standard version (v2. Lay Stake = Back Odds * Back Stake / (Lay Odds. That said, in order for a wager to take place, there needs to be a bettor to back an outcome and a bettor to bet against it, that is, to lay the outcome. Learn how a lay bet works! Assess your potential winnings and liability with our FREE Lay Bet Calculator! Lay Calculator. $0. Enter the amount for your Back Stake in this example it is £10. Step 3. The exciting thing about the Exchange is that it's live, with odds fluctuating constantly, and as bets are offered and matched. Bet 1 has odds of 1. Sports odds are the chances an event will yield a particular result. Fractional odds of 3. 55 against your ‘ Brighton & Everton ‘ multiple at Smarkets. 5 gets us 1. Overlaying is the opposite. The odds indicate how many times your stake will be multiplied in your total payout. A multi bet combines a series of single bets into one wager. The calculator tells you to lay £8. While this article includes all the matched betting maths formulas you need to work. 05 - 1)), therefore 18. 97, for a stake of $100, you stand to win $597 ( 6. As this offer is laying £20 at 6. 44 = £255. 0 on the rest of the market)*, then the dutching portfolio is better than the lay option. Underneath, the calculator tells you that your Lay Stake is £51. It is easy to use and. Any type of calculator is an important tool that makes it easy to do calculations without stressing our. Knowing your potential down side each time you click that lay button ensures much more control and can result in a much smoother trading process. Then hit the Calculate button and you will receive the Amount to Lay, the Liability on this bet and the amount you will win. Calculate Implied Odds, place back odds, alongside basic lay stakes. Enter the Betting Exchange Lay Commission. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. 6/3. Lay Commission. Back betting, Lay betting. Our lay bet calculator (end of article) shows you how the liability/profit works on lay bets. If the Point is rolled the Don't Come Bet and its Lay Odds lose. 6: Advanced Module. Understand how lay betting works and use our Lay Bet calculator to learn how much you might win from your lay bets. 2. 100% UP to $150. Your Strike Rate is a betting term used to explain the amount, in terms of frequency, a system, tipster or a general bettor (like you) wins. The next step is to enter the lay commission charged by the selected betting exchange. For customers in the UK, TSE Malta LP is licensed and regulated by the Gambling Commission, Licence Number: 000-039561-R-319411-005. Draw no bet (DNB) is a betting option offered by many bookmakers that allows you to gain profit if you guess the winner of the match, but you get back your stake if the score is a draw. In other words, instead of betting on a specific team, player, or horse to win, the bettor is betting that the outcome will not happen. 00 and entered a $10. Any matched bettor needs a calculator that works out all your qualifying and free bets, that is why Trickybet has created the only calculator you will ever need. I am making a Dutching calculator for 3 selections. The Matched Betting Calculator will tell you exactly how much your lay bet should be, how much liability will be, and whether you’ll make a profit or lose money. Select a market, choose a selection you want to lay and click on the best lay price/odds. 3%: 1/1: 1. 15. 9) = £82. (see later for its details). That is why hedging can be so profitable. Once it’s all entered, press calculate. 2. The calculator shows a positive payout and not zero on a lay bet when 2/12 or 3/11 is rolled? I entered a $50 lay bet and selected 2/12 and the app shows a $. 31. ️ Bet on Bayern Munich: 100 / Bayern Munich Odds = 100 / 2. 5, the returns on the winning will be calculated as: Stake * Decimal Odds = Returns. HR Back2Lay is a complete dobbing software that analyses every horse in every race, and includes numerous filters on the characteristics of the runners and the races to refine your choice. In order to achieve a profit, the value of the back odds should be greater than the value of the lay odds. Sports betting trading has become well known among bettors and it implies buying and selling bets, during the course of a match, at different odds, in the same selection of a market. Hedging Calculator - Know your Trading Profits - With the hedging calculator you can see how you can guarantee back or lay profit on your live bets. Using the Zcode Calculator, we can enter our Back odds of 2. Open the calendar popup. A $300 bet at 1/3 odds would win $100, for a total payout of $400. When you place an each way bet, you are placing half of your total stake on your selection to win and the other half on your. This calculator enables you to calculate payoff and profit scenarios for Asian Handicap bets. Australia Sports Betting has developed a free staking plan Excel spreadsheet which doubles as a betting tracker. Our calculator has two most knowing and popular versions: European and American. Lay 5 or 9: 2 to 3: 2 to 3 plus commission (5%) 3. Open account offer (Max. a free bet). Bears spread: Lions -8; Lions vs. Lay betting is the driving force behind matched betting. Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. Play. 50, which the casino rounds to only $2. Choose "WIN/PLACE": You're confident that your team will win, so you select "Win. LAY BETS PAYOFFS AND COMMISSION. You can set a number of variables, like the the type of bet, back stake, back odds, lay odds and lay commission. Lucky 31 Calculator. Lay stake = ( back odds * back stake) / ( lay odds – lay commission) Lay stake for free bet if stake not returned. Calculating the liability of a lay bet can be done with this simple equation: Liability = (Backers stake * (Lay odds – 1) As an example, let's say you're going to lay Real Madrid at odds of 1. Betting on betting exchange websites such as Betfair and Betdaq is a doddle. Using the hedging formula, you can calculate: P = £700 (Payout 800 minus stake 100) W1 = £100. Enter the lay odds, the commission rate and the effective back odds to get the equivalent back odds. Enter the odds (in decimal format) at which you have taken a position (lay or back) and the odds at which you aim to partially close the position! Fill only one of the two fields depending on what position you have taken; leave the other one blank! (optional) Enter the commission charged by the exchange!The Lay Odds are the odds that you have laid your bet at any Exchange Market, such as Betfair, Smarkets, etc. 50 odds will pay out $150 ($50 profit, plus your $100 stake). The higher your lay odds, the more funds you’ll need in your PocketBet. The Dolphins (-10 on the spread) are between -550 and -425 on the moneyline (Best Live Odds: -450) in this matchup. The arbitrage calculator tells you if there is an arb betting opportunity and recommends how much should be staked on each selection. " If you bet $10 on a point spread against a friend, the winner gets $10. 09. If the point is five or nine, odds on pass line bets are paid 3 to 2 ($3 for every $2 bet). Lucky 15 Calculator. STEP #2: Enter the Back Odds. When calculating American odds for minus odds wagers, you are calculating the odds for favorites, which returns less than even money in profits. Using our bet calculator, you find out that you have a 2. 6%, depending on the number you choose to lay. A beginners guide. The Each Way Matcher tool compares the odds for each way bets at multiple bookmakers to the lay odds on various betting exchanges. A comprehensive guide on ways to approach accumulator bet offers will be published on the DoppelWetten site soon. Multiply the multiplier by your bet amount. 3100/30 means £4. . A basic matched betting calculator is the simplest type available. Lay betting (also known as lay bet matching, arb betting, double betting and matched betting), is a betting technique used by individuals to profit from free bets and incentives offered by bookmakers. It enables you to cover all outcomes of an event so you can lock in a profit regardless of the result. Use trading software: This way you can monitor the market in a more sophisticated manner and seek a bigger edge. You can use the Rule 4 Calculator to determine the new odds of your horse after a Rule 4 deduction has been applied. Canadian Calculator. Whether or not your bet was an each way bet. Yes, our odds calculator shows the implied probability of winning your bet outright in an easy to read percentage. Lay All At Start Specific Process with Lay Accumulator Calculator Search Matches Based on the basic tactics of the Accumulator Matched Betting guide , I selected narrower (between William Hill & Exchange) & shorter (strong favorite) odds for football accumulators as much as possible like the Arsenal match found in the free odds. Overall position if win £-0. Standard Calculator. For example, if the point is a 4, and the table allows 3X odds, the variance is the same betting $30 with a 1/3 chance to win $60, or $60 with a 2/3 chance to win $30. 50 = 7. 37!Lay Bet Calculator. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. This is done by placing bets on a bookmaker and an exchange site to trigger free bet promotions and using these bets to tie up a guaranteed profit. , the true odds are 6:5, so a winning $60 payoff is $50). Craps Calculator does not store or save any user data on device or cloud. Overall position if win £-0. There has to be a minimum of two legs in your bet to be classified as an. Choose whether you want to display odds as decimal, fraction, percentage, or American format. These include ‘doubles’ (betting on two results), ‘trebles’ (three results), or ‘accumulators’ (more than three results). You stand to make $5000 if the Vegas Golden Knights win, and you can use the hedge calculator find out that if you place $2083. Step 4. In reality, they may be higher or lower. ) so they can be. So for moneyline odds of 500: (500/100) +1 = 6 (for negative odds you need to remove. If, for example, the result of multiplying legs of a parlay bet is 6. Our matched betting calculator calculates the lay bet required to match the back bet for an equal return on either outcome. First, one player makes a betting offer – “lays” the bet and offers the odds. This is the equivalent of a "Green Up" button that you may have seen in trading software, but this is a Dutching. 10 profit (11. The converter is useful for betting with bookmakers that don't offer you the ability to change your odds. 16) of our free Excel betting tracker. If, for example, the result of multiplying legs of a parlay bet is 6. So, the Lay Commission is. In this guide, uncover the fundamentals of lay betting and strategies to navigate this intriguing form of wagering. com. 5 - 1)). The $2 is the vig you have to pay because you'll win $50 if a 7 is thrown before a 4. 80) X = £444. With our parlay calculator, you can select how you want your odds displayed. 39 (+339). The VSiN free parlay calculator allows. Simply input the current back and lay odds for each selection and click on the ‘Calculate’ button. The amount you could lose – your liability – is £10 multiplied by the lay odds. 90. 97, for a stake of $100, you stand to win $597 ( 6. As you might imagine, there are two sides to this. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. A matched betting calculator and matched betting spreadsheet will do all the heavy lifting in determining appropriate bet sizes, lay stakes, and helping you track your progress, but you still need to have a good idea of how these calculations are coming to pass and how you should be utilising them. In the combined betting calculator, you just have to enter the predicted values and the calculator does the rest! Here you will be able to calculate the return of your bets accurately. The calculator tells us: No hedging opportunity exists at the available odds. 1. $0. Start Trading. Play around with the hedged Dutch betting calculator below to see how the concept works. So in this case, £200 x (1. The closer they are, the better the return. The linked matched betting calculator is automatically populated with the odds and simply requires the bookmaker bet stake in order to calculate your lay stake and exchange liability. Let’s look at an example where you want to Lay a bet on the 8 for $60. Of course, there is a specific matched betting calculator that is used for bets that require both a Back and Lay selection. Payout. You want to lay the 5. Simply enter the stake and odds and it will tell you the exact figure you need to lay on Betfair. Beginners' Guide to Betfair Exchange. 0. You then bet on Federer at Bookmaker A, and calculate your stake by multiplying 200 by the result of 1. You could Lay Liability will be Bookmaker. (Lay The Draw) Exit strategy. Our arbitrage calculator shows you the ideal bet amount for each side of the bet and guaranteed profit based on the odds from each sportsbook. Registered Office: Hillside (UK Sports) ENC (registration number P1892) and Hillside (UK Gaming) ENC (registration number P1888), Office 1/2373, Level G, Quantum House, 75 Abate Rigord. You can choose to place an each-way multi bet by selecting each-way from the settings menu. Craps Calculator may serve ads, which may use coarse location. Asian Handicap LinesEnter your bets and see how much to you need hedge. You know you've found an arbitrage opportunity if the sum of the odds of both sides of a bet is positive (ex: +110 at Sportsbook A and -105 at Sportsbook B). 18 % of your account balance on this particular selection. The odds in the bet multiply for every additional leg you add to the multibet. This will incur a £0. Here's a more detailed breakdown. The more bets you include and the bigger the underdogs, creates a bigger potential payout, but decreases your odds and increases your risk. Enter your bets and see how much to you need hedge.