Standard Betting Calculator
Extra Place Alert, Sent 42 minutes ago - Salamanca lad 23/19.5/4.8 geoff
Free Bet
Event Info
Lay Stake Required
Lay Wins
Back Wins
Log Your Bet
How to use the Standard Betting Calculator
1) In the first box enter the Back Odds for the event. This is the odds on the Bookmaker, and you will need to enter it in decimal form (e.g. 4.0 instead of 3/1). You can use the odds converter to the left of the calculator if you need to get the decimal odds.
2) Next enter the Lay Odds, this is the Odds on the Exchange, we typically use Smarkets to lay our bets and it should already be in decimal form.
3) Now enter the Back Stake that you are placing on the Bookmaker at the Back Odds. This may be limited by the bookmaker as they do have stake limits for special offers such as price boosts.
4) The last piece of information you need to input is the lay commission. This is the commission that you pay on the exchange when laying bets and it is typically either 0% or 2%. You can check this by googling the commission paid on the specific exchange you are using, or just checking on your exchange.
Enter the commission as a percentage (e.g. 2% instead of 0.02) or you can just use the buttons above the input box to quickly select either 0% or 2%.
5) Select your laying method. You can click between 'Underlay', 'Standard', and 'Overlay' to see the different Lay Stakes and profits you will make with each option.
Learn more about the differences between Underlaying, Standard Laying, and Overlaying in Our Price Boost Guide.
6) You can then also click the switch to select whether it is a free bet or not, which will change the required lay stake as well as the profit you will make from the bet.
7) Click the Lay Stake to copy it to your clipboard, and then place your Back Bet and Lay Bet.
8) Once both Bets are placed you can then Click the 'Log Bet' Button at the bottom to save it to Your Profit Tracker. You can also Select the Bookmaker, Exchange, Date and add a Description.
