Matched Betting Calculator
Calculate risk-free profit from free bet offers using back and lay betting strategies
About this calculator
The Matched Betting Calculator helps you calculate guaranteed profits from bookmaker free bet offers by using back and lay betting strategies. This tool eliminates guesswork by computing exact stake amounts needed to ensure risk-free returns regardless of the outcome. It's essential for maximizing profit from promotional offers while minimizing potential losses through precise mathematical calculations that balance your positions across different betting exchanges.
How to use
Enter your free bet amount, back odds from the bookmaker, and lay odds from the betting exchange. The calculator will determine the optimal lay stake amount and show your guaranteed profit. Adjust the commission rate if your exchange charges different fees to get accurate profit calculations.
Frequently asked questions
What is matched betting?
Matched betting uses free bets and promotions to guarantee profit by backing and laying the same outcome at different odds.
Is matched betting risk-free?
Yes, when done correctly with proper calculations, matched betting eliminates risk by covering all possible outcomes mathematically.
What's the difference between back and lay betting?
Back betting is traditional betting for an outcome to happen, while lay betting is betting against an outcome occurring.