The exchange bonus lock-in calculator is incredibly fascinating and similar to the bonus lock-in calculator. Within the world of online sports betting, bookmakers can offer promotions and bonuses to new and existing users, which come in an array of different forms. To maximise the benefits of these different offers, utilising the exchange bonus lock-in calculator can provide bettors with the opportunity to create matched betting selections that minimise potential losses and can generate a profit if the offer is used effectively.
Here, we are going to run through what the calculator is, how it can be used and why bettors may want to use it for future sports betting.
What Is The Exchange Bonus Lock-In Calculator
The exchange bonus lock-in calculator is a unique tool that allows bettors to maximise the potential benefits of bonus offers, such as enhanced odds and free bets. However, this calculator incorporates betting exchanges, where matched bettors place lay bets to create matched betting opportunities. The primary purpose of the calculator is to inform bettors of the back bet they need to place in order for a matched combination to be formed.
By entering the details of the lay bet and the offer, bettors will be informed of how much they will have to place on specific back odds in order to create a matched betting scenario. Similar to other betting calculators, the exchange bonus lock-in calculator is simple to use and can be used on-site.
We are also going to discuss exactly how the calculator should be used, walking you through exactly how you can get the results you are looking for.
How To Use The Exchange Bonus Lock-In Calculator
When using the exchange bonus lock-in calculator, it is one of the more simple calculators to use throughout the OddsMonkey site, as all you need is the lay bet details, the back odds and the bonus offer details. By inputting all of these details into the calculator, it will instantly showcase the results of the bets and the stake that you need to place on the back bet for your bet to become a matched bet.
By changing the details used throughout the calculator, bettors can change the results, meaning you can change the different options in hopes of finding a better outcome and a larger profit margin, making the calculator incredibly useful.
It is incredibly important that you have the calculator set into the right mode, as it can be tailored to free bets and bets with stakes, which can affect the profit margin. Just like the other calculators, such as the accumulator calculator, there are settings to change the odds format, which can be useful if you prefer using decimal or fractional odds.
Why Use The Exchange Bonus Lock-In Calculator
Perfectly suited to those who are familiar with matched betting, the exchange bonus lock-in calculator is incredibly useful for those who are looking to make the most out of bookmakers’ offers. By using this calculator, you can create matched betting opportunities, therefore eliminating the possibility of losses throughout sports betting markets. Similar to value betting, using this calculator allows bettors to ensure they are giving themselves the best chance of minimising losses.
Not only can the exchange bonus lock-in calculator create matched betting opportunities, but it also ensures that you are creating matched betting opportunities correctly. By showing you exactly what every outcome will result in, this ensures that you can place bets which can make a profit, and you are not making any mistakes when it comes to working out the tricky and complicated mathematics.
Who Can Use The Exchange Bonus Lock-In Calculator
The exchange bonus lock-in calculator is available to be used for anyone who visits the OddsMonkey site, as it is available for all users alongside the other betting calculators. However, as this calculator involves placing lay bets and using betting offers, we only recommend this calculator to those who are familiar with betting exchanges. If this is you, then the exchange bonus lock-in calculator can be extremely handy!
✅Using bonuses or promotions
✅Experienced with matched betting
❌Not familiar with betting exchanges
❌Not using available bonus offers
Exchange Bonus Lock-In Calculator At OddsMonkey
When looking to create matched betting opportunities, the exchange bonus lock-in calculator is a staple in a matched bettor’s arsenal, as it cuts out all of the hard work and mathematics and tells you exactly what you need. By eliminating the chances of potential losses, the exchange bonus lock-in calculator can be beneficial for those who take advantage of bonus offers.
If you are interested in other ways that you can use matched betting to your advantage, we have a matched betting blog which is full of useful guides, whilst we also have more calculators, such as our matched betting calculator.
