v1.00 : 27 Oct 2014 The calculator will tell you whether or not you should be betting and how much to stake. It does not calculate Free Bet Stake Not Returned (SNR) or Free Bet Stake Returned (SR) calculations. Not much else to be said about this tool . - Introduced more advanced controls to allow underlaying, overlaying and a custom slider for fine control of your stakes. This calculator uses the simple, normal matched betting formula to work out the lay bet stake, liability, and your bet position after the bet has been placed. The advanced betting tracker includes closing odds and lines analysis while the staking plan calculator provides stake recommendations. Lay Stake = Back Odds * Back Stake / (Lay Odds . Bet Calculator Our Bet Calculator allows you to automatically calculate the Payout for any given combination of Stake and Odds, including Multiples. Enter your stake, bet type, odds (fractional or decimal), place terms (if applicable) and then hit the calculate button. Use our free matched betting calculator to work out how much money you need to stake on your lay bet at the betting exchange to earn a profit.Use the dropdown menu to get the right results whether you're placing a qualifying bet, a free bet where the stake is not returned (SNR), or a free bet where the stake is returned (SR). Because favorites are expected to win, you assume more risk when you bet on them. Now divide the total return from your first bet by the decimal odds of the hedge bet. If you win a bet you will get back your stake with an additional net profit. If you want to make a hedge bet at odds of +300, our Betting Odds Converter will tell you that the decimal equivalent is 4. Proportional Staking Variant: Kelly Criterion Bet size = Bankroll * (Odds * Probability of success - 1) / (Odds - 1) Kelly Criterion is a lot more complex, hugely popular with top tier elite sports bettors. Add all of your selections to the calculator with the odds and see the total odds of your accumulator bet. It is very important to know what payout you are getting on a bet. . Bet Calculator Bonus Live Betting LIVE TV Streams Livescores ODDS checker Stake The stake is the amount of money you bet. Free Matched Betting Calculator Back Odds Back Stake Back Commission (%) Lay Odds Lay Commission (%) Add partial lay You Could Lay 0 (Liability 0) Back Wins Profit -10 Lay Wins Likewise, if you bet $10 at odds of 3/1, the potential profit is $30 ($10 x 3) and the total returned is $40, or $30 . Add Odds for Multiples. Using the lay stake calculator. Once you've provided this information, you will then be asked to enter the odds on your bet and also the stake that you've placed on it. Enter the value of one stake constraint, caused by available liquidity, a bookmaker's maximum stake limit or just your budget for the arbitrage. Bet Type SINGLE PARLAY Odds Format American Fractional Decimal Odds Stake $ +5 +10 +100 Calculate your profit $ 25.00 Estimated Profit Converted Odds and Implied Probability 1/4 Fractional 1.25 Decimal 80.0 % . To use the calculator, simply select the bet type (normal / free bet stake not returned / free bet stake returned) then enter the bet amount, the back odds, the lay odds and the lay commission. The level, percentage and square root plans have adjustable settings that include the ability to adjust your stake for the wager odds and bet rating. Betting odds calculator Our free online bet calculator allows you to work out potential winnings from your bets. If an underdog is listed as +200 it means if you bet $100 and they win, you get $300 (your $100 stake and $200 in winnings (a simple but important breakdown when it comes to managing your bankroll). Enter the Price of both the Back and Lay bets. The calculator has 3 modes which you can use to do this. The odds can be easily ammended, if you change your selection or stake, this is easily edited in the calculation tool. TwinSpires Sports Betting Odds Calculator. You need to input the probability (according to your own assessment) that your selection will win. Just enter the bet type from the options on the drop-down menu below. By entering your bankroll, the odds and your estimated probability of winning, the Kelly Criterion calculator will tell you how much you should wager on a certain event to maximise your value and profit. Enter your Commission rates and press Calculate. The betting odds calculator allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets. Formula to calculate lay bet stake. Mode 1: You know the true probability of an outcome and the soft bookmaker odds. Select the 'Odds' for . Version History. 1:20 What is an Arbitrage Bet? The calculator will then tell you the amount you should lay at the exchange. - The calculator now remembers that you have submitted the form and shows your results and active tabs straight . The most common form of value betting calculator. A bet can be broken down into two elements; the Stake - how much you risk, and the Payout - your potential return including your Stake. Use our free matched betting calculator to work out how much money you need to stake on your lay bet at the betting exchange to earn a profit. If you enter your desired Total Stake as the stake constraint, the calculator will show the correct Back . In our example, we would calculate $250 / 4 = $62.50. For example, 3/1 odds would earn you $3 on a $1 bet. Selected Odds Format: Stake Odds X Add odds Clear Payout You would therefore need to stake $62.50 on the hedge bet. Value Bets Calculator Modes We calculate the edge/value of a particular bet by comparing the sharp bookmaker odds with the soft bookmaker odds. Enter the Stake and Odds for your bet and the Bet Calculator will automatically calculate the Payout. Bet Calculator. The bet calculator can be used to work out your returns, by entering the odds of your selections, selecting if they won, placed or lost and entering your stake, the total of which must be divided by 63. This free betting calculator is one of the most important tools in matched betting and is used to ensure you make the same profit or loss whatever the outcome. The multiplier is normally set to 50%, for an aggressive betting strategy set it to 100%. Select the 'Outcome' for each selection like "Winner", "Placed", "Lost", "Void", Dead heat". Betting calculator extension for working out qualifiers, stake not returned and stake returned bets. 1:37 . Because underdogs are not expected to win, there is a greater . Football Leagues Bet Amount Fractional Odds Why are Betting Odds Important? >> Back to overview Calculating Betting calculator Livescores Tennis livescore Football tables/fixtures/results Internat. Betting Calculator Bet 10 Get 60 in Bonuses get offer Our advanced bet calculator allows you to calculate the returns on 29 different bet types, or it can be used as an odds calculator to work out potential winnings on your bets before placing them. Sportsbook Odds calculator - sports betting informations - find useful tools like: bet calculator (maximise your betting profit) - informations about online bookmakers and betting exchanges - sportsbook bonus offers and free bets - livescores for football, tennis and other sports - betting strategies - tipster picks for football, tennis or icehockey matches and other sport events - tables . Check it out below. The calculation that will be undertaken is automatic and quick, all the odds are compiled and times against the stake. Sports Betting Odds Calculator | Odds Shark How to Bet - Odds Saturday FINAL BAL NE 37 26 -2.5 +2.5 45 FINAL BUF MIA 19 21 54.5 FINAL CIN NYJ 27 12 -6.5 +6.5 46 FINAL DET MIN 24 28 +6.5 -6.5 51.5 HOU CHI 20 23 39.5 KC IND 17 20 51 LV TEN 22 24 -2 45.5 FINAL NO CAR 14 22 -2 41 FINAL PHI WAS 24 8 -5.5 +5.5 47.5 FINAL JAC LAC 38 10 +6.5 -6.5 45.5 Fractional odds are frequently seen in horse racing and express the potential profit should a bet succeed, relative to its stake. If the ROI is negative, there is no profit available and you will have a guaranteed loss. Use the Kelly Criterion Calculator here Fractional Kelly betting Conservative How does the Kelly criterion calculator work? Add your expected win probability for the selection you have chosen in the cell called "Win Probability", using values between 0% and 100% Add the odds quoted by the bookmaker in the cell called "Bookmaker Back Odds". Our arbitrage calculator allows you to enter the odds of two (or more) different bets to determine how much you should stake on each to guarantee a profit. It's used by punters and bookmakers alike, to calculate the stake, return and profit for an extensive range of bets. Rule 4 bets Rule 4's is common in racing and occurs when there are non-runners, which effect the price of your selection. The Free Bet Calculator is the world's leading online sports bet calculator. For each-way bets select the tick box on the right of the page if your selection has come first. Use the dropdown menu to get the right results whether you're placing a qualifying bet, a free bet where the stake is not returned (SNR), or a free bet where the stake is returned (SR). Here is the step by step guide on how to use the Single Stakes About calculator: Select "Single Stakes About" on the 'Bet Type' dropdown. You need to know what you are doing to even begin to implement it. Being able to calculate how much a bet returns for any given stake is one of the basics of betting and our Bet Calculator simplifies this process for bettors. The 'Number of Selections' should default to 2 picks. The calculator may also ask you to either enter the odds in the decimal or fraction format, but we will touch upon the key issues related to that further on in this article. Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. Add your current betting balance in the cell called "Current Betting Balance". Read More Choose a Bet Type If your bankroll is at $1250, you're placing a $12.50 bet. Would therefore need to input the probability ( according to your own assessment ) that your selection will win 3/1! 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