Matched Betting Calculator
Start your FREE TRIAL today
Matched betting is a form of gambling which can greatly increase your chances of winning, while in turn decreasing your chances of a loss from your bets. When placing a matched bet, you cover all options for the outcome of the bet and have the opportunity to either break even or make profit from whichever selection is the winner. The maths for matched betting can be quite confusing, but with a matched betting calculator, you can easily work out the bets you need to place on both sides of the market. These calculators are useful for people of all skill levels, whether you are new to the matched betting scene, or have used a matched betting calculator in the past.
At OddsMonkey, you can use our free matched betting calculator to work out how much money you need to stake on your lay bet at the betting exchange to earn a profit. Use the dropdown menu to get the right result whether you’re placing a qualifying bet, a free bet where the stake is not returned (SNR), or a free bet where the stake is returned (SR).
º See the potential profits on both normal and free bets, whether you are going to win the bet or guarantee yourself safety.
º Find out how much you need to back and lay in order to be either profitable or break even.
º Adjust the figures if the odds change so you can quickly mould your bet to the adjusted odds.
º Clearly see how your money will be distributed should you win at the bookmaker or win at the exchange.
We also have matched betting formulas if you’d prefer to work it out yourself, or want to learn about the maths behind our matched betting calculator. Not sure what we’re on about? Read our matched betting guide. In this guide, we provide you with all of the information you may need before you start your matched betting journey, with all information provided by experienced professionals within the industry.
What is a matched betting calculator?
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. It does this without any need for complicated maths, giving you a quick and easy answer with zero hassle!
Our OddsMonkey calculator allows you to see potential profits on both normal and free bets and can be adjusted to show you all the info you need for qualifying bets, free bets where the stake is not returned (SNR), and free bets where the stake is returned (SR). You can use this free matched betting calculator alongside our OddsMatcher tool to find and calculate the best odds when you are matched betting so that you can maximise your earnings.
Matched betting is widely regarded as the future of gambling, with many online courses and professionals sharing their stories of how they made profit through matched betting. You can easily become a part of the future by reading our informational pages about matched betting, each way matched betting, and other guides.
Who Can Use A Matched Betting Calculator?
Using a matched betting calculator is possible for anyone who wants to get involved in matched betting. There are no limitations to who can actually use the calculator, as long as you understand how it works and what its benefits are. The calculator offered by us is very simple to grasp, and once you learn the ins and outs, you will be able to use it to become profitable over time.
While matched betting is not a get rich quick scheme, there is money to be made if the correct process is taken and the steps are followed. You can use this matched betting calculator no matter how much experience you have, although more experience will make the process easier and less time-consuming at first.
Betting Calculators at OddsMonkey
We have lots of other betting calculators that are free to use, including:
º Each way calculator allows you to calculate how much profit you could potentially make from an each way bet. This OddsMonkey calculator is essential for anyone who places frequent bets on horse racing, greyhound racing, or any other sporting event that offers these markets.
º Dutching calculator introduces you to the concept of dutching, a betting strategy that involves covering multiple selections with varying stake sizes depending on their individual odds. This method can guarantee you the same amount of profit regardless of which of the selections wins.
º Accumulator calculator allows you to combine the odds of multiple selections to see what the total odds and total return would be, and gives you easy access to remove certain odds and see how it affects the overall payout. This can be useful for anyone who wants to place an accumulator but is unsure of one result, showing them how much of a difference that selection would make if they did not include it in the bet.
These calculators are all just as useful as the next, with vital information provided through mathematical equations that would otherwise take you a lot of time and effort to complete. Having easy access to a matched betting calculator, each way calculator, or any of the other calculator variants we offer, can be hugely beneficial to your betting journey and make the process much smoother without any hassle.