Free Online Back/Lay Betting Calculator Our free online Back/Lay betting calculator calculates the correct Stakes for backing and laying the same selection for the same Net Profit, whether the selection wins or loses. This is commonly known as trading out, greening up or Back/Lay arbitrage.
Our back lay or hedging calculator, allows you to calculate your lay bet amounts and your lay liability. Hedging is a strategy whereby you lay off a back bet to minimise risk and secure a profitable position. It can be difficult to know how much you need to stake on your lay bet to create a scenario where either outcome produces the same result.
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This calculator will tell you how much your lay bets need to be, what your qualifying loss or profit will be and of course what profit you will make when using a free bet. You can use this calculator for arb betting too, just enter the back odds from the bookmaker and the lay odds from the exchange to make a profit no matter the outcome.
Enter the "Back Price" (decimal odds), "Back Stake" and "Lay Price" (decimal odds). Enter a value for betting exchange commission if you wish. Click on the "Calculate" button to display how much you need to lay for and how much profit (or loss) you will be left with.
Back and Lay Betting Calculator How to calculate a Back Bet? The profit of a back bet can be easily calculated by multiplying the backer stake with the decimal odds. For example, if you are backing India to win against Australia for Rs. 10 with the odds as 2.5, the returns on the winning will be calculated as: Stake * Decimal Odds = Returns
The default option is Back – Stake Available (Fixed Stake) Select Stake Available. Must be in numerical figures. In the Odds Column enter the odds of your bets. These can be in decimal format or fractions. For instance 5/1 or 6; Enter the free text. This part is optional. You may leave this column blank; Press the Calculate/Update Button.
Back Prices and Odds for your chosen target profit. Second Bet. Back Stake. Back Odds. P&L for each outcome not including Betfair's Commission. Win/Lost P&L. Profit on Back £. Profit on Lay £.
A matched betting calculator is a bit different to a regular odds calculator as it will help you calculate how to place lay and back bets to unlock profit from the free bets offered by bookmakers. It's an important tool because it shows you how much you need to stake with both the bookmaker and the betting exchange.
If you have already placed a lay bet which covers part of the bet liability, enter the details in the part lay section. After hitting the calculate button you will see 3 sets of numbers. The standard match section will show you how much to lay at the exchange to ensure you come out with the same profit or loss regardless of the outcome of the ...