Arbitrage Betting Calculator (2 Bookmakers)
How to Use the 2 Odds Arbitrage Calculator
Introduction
Arbitrage betting allows bettors to take advantage of odds discrepancies across two bookmakers, ensuring a guaranteed profit regardless of the outcome. The 2 Odds Arbitrage Calculator helps users determine the correct stakes to place on each bet to lock in a profit.
Steps to Use the Calculator
- Enter the Odds:
- Input the odds from Bookmaker 1 and Bookmaker 2 into the respective fields.
- Enter Your Total Stake:
- Decide on the total amount you want to bet and input it into the Total Stake field.
- Calculate the Stakes:
- Click the Calculate button to compute the optimal stake for each bookmaker.
- Review the Results:
- The calculator will display how much you should bet on each bookmaker.
- It will also show your guaranteed profit or loss percentage.
Understanding the Results
- If the implied probability (1/Odds1 + 1/Odds2) is less than 1, an arbitrage opportunity exists, ensuring a profit.
- If the value is greater than or equal to 1, there is no arbitrage opportunity.
Example Calculation
Odds:
- Bookmaker 1: 2.10
- Bookmaker 2: 1.90
- Total Stake: $100
Results:
- Stake on Bookmaker 1: $48.78
- Stake on Bookmaker 2: $51.22
- Guaranteed Profit: $2.44 (2.44%)
Tips for Success
- Ensure the odds are accurate and updated before placing bets.
- Be aware of bookmaker restrictions and possible stake limits.
- Always check for hidden fees or commission charges.
By using the 2 Odds Arbitrage Calculator, bettors can make informed decisions and capitalize on profitable betting opportunities efficiently.