Matched Betting Calculator
Matched Betting is a technique using bookmakers promotions to give you an advantage over the bookmakers. One of the most common ways to do this is to gain a bonus. Find a suitable bet using an Oddsmatcher or Matcha software. Back a bet at the bookmaker and Lay the bet on Betfair. To ensure that you gain an equal profit you can use a calculator such as one below. Simply enter the stake and odds and it will tell you the exact figure you need to lay on Betfair
Learn how to use this calculator here
Outcome | Bookie | Betfair | Overall |
If your back bet wins | You win $420 | You lose $365.71 | You win $54.29You lose $54.29 |
If your back bet loses | You lose $0 (as this was a bonus bet) | You win $57.14 | You win $54.29You lose $54.29 |
Note that your liability on Betfair will be $365.71. You need that amount in your Betfair account to cover the lay bet. |
Underlay Limit
Overlay Limit