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.
Our hedging calculator. 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.
All you need in order to use this system is a sportsbook to take your bet and a betting exchange to lay your bet off. How does the Laybet calculator work? Select the qualifying bet or free bet button and then enter your bet amount and odds. To maximise your outcome try to bet on events which have the closest odds at the bookie and exchange, for ...
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.
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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.
Smarkets’s free bet calculator automatically calculates your payout for any bet whether it’s back or lay betting on a betting exchange or a bookmaker, so you can identify your bet returns and any commission paid quickly.
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 .
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.
2) Do you understand what a "Lay" bet trade is? Although we are not laying a horse in the true sense of the word we are still risking (in most cases) more than our stake. I just want you to be sure that you understand that if you lay a horse at 3.00 (3.00-1) for £10 then your risk is £20.