{"id":290,"date":"2020-09-09T11:08:41","date_gmt":"2020-09-09T10:08:41","guid":{"rendered":"https:\/\/www.oddsmonkey.com\/matched-betting\/?page_id=290"},"modified":"2020-09-16T09:33:49","modified_gmt":"2020-09-16T08:33:49","slug":"matched-betting-maths-formulas","status":"publish","type":"page","link":"https:\/\/www.oddsmonkey.com\/matched-betting\/matched-betting-maths-formulas\/","title":{"rendered":"Matched betting maths formulas"},"content":{"rendered":"\t\t
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Matched betting maths formulas<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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To be successful at\u00a0matched betting<\/a>, you either need to know your maths formulas, or use software like\u00a0OddsMatcher<\/a>\u00a0that makes those calculations for you. If you want to work out your odds, profit and optimum stake yourself, below are the matched betting formulas you need. You can also let our\u00a0matched betting calculator<\/a>\u00a0do some of the hard sums for you.<\/p>

We also have a\u00a0free matched betting spreadsheet<\/a>, although it\u2019s much easier to use our\u00a0Profit Tracker<\/a>\u00a0tool!<\/p>

Qualifying bet and welcome bet formulas<\/h2>
  1. a) Profit if back bet wins:
    Profit = back stake * (back bet odds \u2013 1) \u2013 lay stake * (lay bet odds \u2013 1)<\/li>
  2. b) Profit if lay bet wins:
    Profit = lay stake * (1 \u2013 commission) \u2013 back stake<\/li>
  3. c) To work out the ideal stake for even profit, no matter what the result:
    Lay stake = back odds * back stake \/ (lay odds \u2013 commission)<\/li>
  4. d) Final profit for the qualifying bet and welcome bet stage:
    Final profit = lay stake * (1 \u2013 commission) \u2013 back stake<\/li><\/ol>

    Free bet \u2013 stake NOT returned (SNR) formulas<\/h2>
    1. a) Profit if the free bet SNR wins:
      Profit = (back odds \u2013 1) * free bet size \u2013 (lay odds \u2013 1) * lay stake<\/li>
    2. b) Profit if the lay bet wins:
      Profit = lay stake * (1 \u2013 commission)<\/li>
    3. c) To work out the ideal lay stake for the same profit, no matter what the result:
      Lay stake for an even profit = (back odds \u2013 1) \/ (lay odds \u2013 commission) * free bet size<\/li>
    4. d) Final profit for the free bet (SNR) stage:
      Final profit = lay stake * (1 \u2013 commission)<\/li><\/ol>

      Free bet \u2013 stake returned (SR) formulas<\/h2>
      1. a) Profit if free bet wins:
        Profit = free bet value * back odds \u2013 lay stake * (lay odds \u2013 1)<\/li>
      2. b) Profit if lay bet wins:
        Profit = (1 \u2013 commission) * lay stake<\/li>
      3. c) To work out the ideal lay stake for even profit, no matter what the result:
        Lay stake for an even profit = (back odds * free bet value) \/ (lay odds \u2013 commission)<\/li>
      4. d) Final profit for the free bet (SR) stage:
        Final profit = (1 \u2013 commission) * lay stake<\/li><\/ol>

        While this article includes all the matched betting maths formulas you need to work everything out without any outside help, software like\u00a0OddsMatcher<\/a>\u00a0ensures you don\u2019t have to worry about making complex calculations. We also have a\u00a0matched betting forum<\/a>, where you can go to ask for advice from other members and swap your success stories.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

        Matched betting maths formulas START YOUR FREE TRIAL NOW To be successful at matched betting, you either need to know your maths formulas, or use software like OddsMatcher that makes those calculations for you. If you want to work out your odds, profit and optimum stake yourself, below are the matched betting formulas you need. You can also … Read more Matched betting maths formulas<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_breakdance_hide_in_design_set":false,"_breakdance_tags":""},"acf":[],"_links":{"self":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/pages\/290"}],"collection":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/comments?post=290"}],"version-history":[{"count":4,"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/pages\/290\/revisions"}],"predecessor-version":[{"id":914,"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/pages\/290\/revisions\/914"}],"wp:attachment":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/media?parent=290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}