Our matched betting calculator sometimes called a back lay calculator,lay bet calculator or a risk-free bet calculator does all the complex maths for you and it’s incredibly easy to use. Lay stake required – This is the amount you need to bet at the betting exchange. The risk-free bet calculator works out the required lay stake to either minimise losses or maximise profits depending on what bet type you select. Ourmatched betting calculatoris one of the most important tools for matched bettors.

American Odds Equation

If an event has a probability of 10%, what are the odds in favor of it, and what are the odds against it? In the example with the die, if we bet that we’ll roll either a one or a two, that means we’ll lose if we roll a three, four, five, or six. Since there are four ways that we can lose, that means that there are four unfavorable outcomes. In this case, there’s two possibilities where we win – if the dice shows a two, we win, and if the dice shows a one, we also win. Chat with others about matched betting and hear about the latest offers & loopholes in our Facebook group.

Best Betting Offers

The system was designed to help the punter build up his gambling fund while winning. Our Martingale calculator is one of the bunch betting tools we created for our users. So with the betting calculators, even if it is with the more complex types like a system bet calculator and accumulator bet calculator, you can find all of this stuff out pretty easily. You can see exactly the expected outcomes of both regular and more complex bets so you will not have any more surprises when it is time to settle up with your bet slip.

Follow this step by step approach and you will have a perfectly working calculator in a few informative post minutes. In the above document, i used the unibet offer as another real example and showed exactly what i did with the excel horse racing spreadsheet and the final results. Sports betting odds and lines for the same game often vary from one online sportsbook to another. Smart bettors own accounts at multiple online sportsbooks and shop for the most favorable lines.

Existing Customer Offers

A Patent is a three-selection bet as well, but the difference is, is that it offers full coverage of a full seven different bets. You get the three doubles and the treble as in the Trixie, but also included in a Patent are the three singles. This is a full coverage bet as just one winning selection will give out a Understanding Profit And Loss Reports return. The potential winnings are greater when betting on Alvarez, the “underdog” in this fight. Betting on underdogs in any sport typically allows you to risk less in order to win more. Remember, however, that there’s a reason they are the underdog, whether it’s a rookie season, there’s been a recent injury, or they face serious competition.

Start Winning In Seconds

The other popular method of betting is on the money line. An underdog could be listed at +200, which means you’d win $200 on a $100 bet if your team wins straight up. – If you asked this question to 10 different people in the sportsbook, you’d likely get 10 different answers. Some of them would tell you that they are anti-parlay because they are sucker bets and don’t offer true odds.

Parlay bets are one of the most popular options in public sports betting. Granted, there are a few types of betting odds out there. This means you need to have a reasonable grasp of what odds are and how they work. Large Accumulators and perms of up to 20 selections are accepted, with dead heat, joint favourite and Rule 4 options providing full support for greyhound and horse racing bets. In each circumstance, you’ll notice the figures total more than 100%.

Super-Heinz The Super Heinz is 120 bets formed from 7 selections. Canadian The Canadian system bet takes 5 selections into a system. Lucky 31 The Lucky 31 takes many selections in a system of 31 bets.

Although fractional and decimal betting odds are the most common way a bookmaker showcases their prices on an event, it’s still handy to know how the moneyline or American version works. Now you know how to work out the probability of an event happening, you can use the betting odds to work out the potential returns if you were to bet on it. Betting odds are applied to any event that bookmakers are taking bets on, from horse racing and football to TV specials and politics. As basic information you should learn how the odds are calculated and composed. In reality, calculating the probability of an outcome is highly complex. There are also many factors that have to be taken into account and that vary.

If there are odds of +170, you would know that a $100 wager could return $170 in winnings, plus you get your initial $100 back. You would type -110 in the American Odds section to see how much you’d win based on the amount wagered. If you believe the combined score for both teams will be 105 points or more, you would bet the OVER. If you think the combined score for both teams will be 104 points or less, you would bet the UNDER.