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This arbitrage calculator was developed to help arbitrage traders instantly calculate their profit from surebets and distribute capital into individual bets. Although its primary use is in arbitrage betting, the calculator can be used in spread betting as well.
Use in arbitrage betting
Arbitrage calculator is extremely easy to use. You simply enter odds in moneyline (American), decimal (European) or fractional (UK) format and your investment on the arbitrage opportunity. The calculator will instantly show you how much you have to place at two (or three) bookmakers to make the same profit no matter who wins. But that is not all this calculator can do. If you want, you can round the bets to the nearest $1, $5 or $10. In case you place one bet but the other bookmakers changes odds before you place the second bet, you can still calculate the second bet to make the best possible return. If you are betting at an exchange, you can even enter exchange's commission. Then the calculator will handle exchanges commission and show you whether you can still make profit. More about arbitrage betting.
Use in spread betting
If spread bettor realizes on time he made a mistake, when estimating who will win or he simply placed the bet on the wrong side, he can use this calculator to break even or minimize his loss. As in placing arbitrage bets, you will have to enter odds on both sides and then your bet. The calculator will then show you how much to place on the other side to cover your loss.
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