How to Use a Matched Betting Calculator
A matched betting calculator works out the exact lay stake, liability and profit for any bet. Here is how to use one.
A matched betting calculator works out the exact amount to lay so your back bet and lay bet cancel out. It also shows your liability and your locked-in profit before you place anything.
What to enter
- Back odds: the odds at the bookmaker.
- Back stake: how much you are backing with.
- Lay odds: the current lay odds on the exchange.
- Commission: the exchange commission, for example Betfair's.
What it tells you
- Lay stake: the exact amount to lay at the exchange.
- Liability: how much you need available in your exchange account.
- Profit: what you keep once both bets settle.
Choosing the bet type
Switch the calculator to match the kind of bet you are placing. A normal qualifying bet uses back and lay. A free bet where the stake is not returned uses the stake not returned (SNR) mode, which changes the maths so the figures stay accurate.
Next steps
The fastest way to find bets to plug in is the match finder, which opens the calculator for you.