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Matched Betting Calculator

We’ve created two calculators for working out your matched betting bets. The first calculator is for working out what bet you need to place in order to qualify for a free bet. The second calculator is used to work out what bets to place in order to convert a free bet into profit.

Part 1 - Getting your Free Bet
Use this calculator to work out how much you need to stake in order get your free bet from a bookmaker. This calculator will automatically try to reduce the amount of money needed to get your free bet.
£   The value of the free bet you wish to use.
£   The amount you need to bet in order to qualify for the free bet.
    The back odds, usually the odds at the bookmaker offering the free bet. e.g. 2.0
    The lay odds, usually the odds at the betting exchange, such as Betfair. e.g. 2.1
  % The commission at the betting exchange if your lay bet wins, usually 5%.

Part 2 - Turning a Free Bet to Profit
Use this calculator to work what bets to place in order to convert your free bet into profit.
£   The value of the free bet you wish to gain.
  No   Yes   With the free bet, is the stake returned if you win? Most bookmakers do not return the stake on a free bet.
    The back odds, usually the odds at the bookmaker offering the free bet. e.g. 2.0
    The lay odds, usually the odds at the betting exchange, such as Betfair. e.g. 2.1
  % The commission at the betting exchange if your lay bet wins, usually 5%.