I've figured out how to do it for a dutching bet, but can't get it right for laying. 14:45. The Betfair Exchange allows you the opportunity to back and lay bets and Cash Out. 16. 211/5 and then lay it off at. lay back a previously placed bet on the same selection back and lay a single selection for a given total stake Lay Liability Current P/L Current Price Gross P/L Selection 1 Selection 2 Selection 3 Selection 4 Selection 5 Add. if you think the chances of A to beat B are 52% and you have odds 2. It was first introduced to the market around 2010. 7 is an equivalent of the backing at odds of 1. Pro Punter Terry Leighton talks about his wagering career, how he got. Lock in a profit when the bookmaker pays out early. 80) X = £444. For most people this is just a box that makes the calculator look more complicated! The Lay Odds are the odds that you have laid your bet at on Betfair, for example Manchester United could have been 1. 0 = 16. 5 @ 1. Each Way Single Bet CalculatorMake a bet and lay trade using a single stake, and other staking plans. Venera. Here’s a back betting example to help explain: If you place a £20 back bet on Horse A at odds of 5. Early Payout Calculator. Bet on top markets like Newmarket 13th Jul, Ipswich (AUS) 13th Jul or Doncaster 13th Jul. Liability in betting is the amount of money needed to cover the outcome of a bet. 15 or above. 82 on Wolfsburg at Betfair. 00 1. %) If you would like to manually lay you can input the manual lay stake on the right. You place a $50 BACK bet on Incentivise in the Melbourne Cup at odds of $3. 00 at £10. 5 on. 8% profit on our lay stake) by simply clicking on the “Cash Out” button . 00 on (backing) for the same result to happen at the same odds. plasteredric Posts: 65 Joined: Thu Nov 19, 2020 4:52 pm. The calculator outputs the amount with which you have to perform the final operation in order to have one and the same return in all possible cases. You are betting FOR something. 00 1. launch community pop-up. com is ranked #400 in the Gambling > Sports Betting category and #4277201 Globally according to November 2022 data. It how much you need to pay out if you lose your bet. 0 which would indicate it has never been updated adn. ; Enter your stake, or bet amount. A lot of people prefer to lay at odds-on as liability is reduced. 9. Hedging Calculator. Just follow the below instructions: Choose the type of matched bet you are making (qualifying, free bet stake not returned/stake returned). 01:15 Tauranga. g. Sometimes during betting process, it is necessary to calculate the odds of opposite event (for instance, in Back and Lay bets). 0 = £160) You then divide that by the lay price that you can get (£160/6. You could back the draw at 3. Let’s first look at a simple back bet as an example: You decide to bet on a match between Everton and West Ham. The exact calculator is the one under the drop down 'Back/Lay'. Here are the rules and the logic behind one of the best Betfair horse racing systems. 6467 and put that number into the payout box instead of 2000. The key points to note are; you need to have made over £5,000. With partially matched bets, a part of your bet will be matched however a percentage will remain as unmatched bets. If you put up your lays of 7,8,9,10,11 in betfair, then click "payout" and an amount, then you'll get the right ratios. Liquidity in the betting exchange. If you could back a horse at 10. When you are new to betting the lay bet concept may be slightly difficult to understand, this is why we have developed a lay betting calculator that will help you see what will be the. Opening an account is quick and easy to do. 24£100 stakeit worked out how much you would exactly need to lay to even up both markets? Currently I use flatstats calculator but I have to keep manually enteriA betting exchange is a marketplace where players can back or lay the outcome. Bet Type Mode. Equal Profit Dutch. The 2 bets are backing 0-0 full time and the one you introduce during halftime is over 0. 28 (which equates to 32. 44. Betfair commission is. Surebet outcome number: Surebet type (formula): Odds With commission Stake Exchange rates D F Profit; Lay odds % 1: Liabilities. This calculator finds that equivalent, also taking into account the commission charged by the exchange. The five key areas are: 1: Sit-down opportunities. 00 win or £5. Same Ex: Wins: Total Stake: Loses : Back Bet Profit- - Lay Bet Profit- - Market Profit- - Commission Paid- -But you keep in mind that betting exchanges take the commission from your winnings. 00. Back and Lay calculator helps to find appropriate odds of Back and Lay bet. When do I pay Commission? Betfair charges Commission only on your net winnings on a market. Excel spreadsheets for Betfair trading. By doing so, you generated healthy profit. The current position of your trade for each of the 3 outcomes is shown at the top in the middle. We pick the lay option in the Draw row. Then you lay all the runners in the field and set the bets to be ‘kept’ when. Input Liability. Bet on top markets like Yarmouth 19th Jul, Doncaster 19th Jul or Harlow 19th Jul. You have made a lay wager and the back odds have since risen above your lay odds. Back/Lay instructs you to lay the horse for £566. The wager odds. • To convert moneyline odds into decimal odds, divide the figure by 100 and add 1. 1 day ago · I even think David Moyes could be gone by November and another underwhelming season domestically at The London Stadium is on the cards. That is why hedging can be so profitable. You can also avoid less important bets that could result in losses. Furthermore, the bookmaker will even provide a Betfair commission discount on your winning bets. Strict routine and disciplined staking is the fastest way to succeed. This back and lay calculator shows you the exact stake required. 28 = £22. Submit your email address and I will send it right to you! I give. The spreadsheet shows a £3. Sure Bets. Decimal odds of 1. Enter the “Lay Odds” available on the exchange. Quite often backing one player will not be the same as laying the other in terms of how much profit you will make. 0 2/1 or less, four at odds of 4. The liability also correlates with the odds used in the formula we mentioned before. 02) = £563. The bet calculator will display the amount to lay on the betting exchange eg “You could Lay. Millwall/rangers/Swansea today you can back at 6. Take advantage of this betting calculator, to understand what amount you may win. Service;The Matched Betting Calculator will tell you exactly how much your lay bet should be, how much liability you will need and your profit (from free bets) or qualifying loss (from initial qualifying bets). File created after thread at Geeks Toy forum: A Query based on. Football on the Betfair Exchange lets you set the odds yourself on over 394 Football events. Read on to learn how it works. 20 (you can check what odds give what profit, for what liability, with Betfair’s Lay Bet. 0 3/1 or less and so on. Next Races ANZ GB & Ireland All Races. 00 in anticipation of a price fall. 94. 4. So where can you find two selections. 00 each way). Venera. This online betting arbitrage calculator determines various arbitrage strategies when an arbitrage opportunity exists. Lay dutching multiple selections for a level profit (if all of them lose) You would like to lay 3 horses at 5/1, 6/1 and 7/1 on Betfair, and there is only £250 available to lay the 6/1 horse. These are the lay odds we would use in the Matched Betting Calculator to work out the lay stake we need to use at Smarkets. For customers in the United Kingdom: PPB Counterparty Services Limited, Betfair Casino Limited, TSE Malta LP and PPB Entertainment Limited are licensed and regulated in Great Britain by the Gambling Commission under account numbers 39439, 39435, 39561 and 39426. 00 - 0. 98 on Betfair, where your commission is 4. Betting on betting exchange websites such as Betfair and Betdaq is a doddle. First of all, at Betfair, “back”-bets and their odds are always marked in blue. 2. We reward you with Betfair Points when you win or lose on the Betfair Exchange. The commission rates never seem to go higher than 10% and for most of your average sporting events it’s only 5%. Horse Racing on the Betfair Exchange lets you set the odds yourself on over 251 Horse Racing events. 91 lay bet on the horse not to win at. We choose leagues or matches that tend to see fewer goals. 51/2 for £10 you are liable for £5 and will win £10 if the bet lands. Half-Time Correct Score. Depending on how you want to play it, you have a couple of options. Select the pink box to place a lay bet. 64 eur, so lay stake in above formula is 721. Knowing your potential down side each time you click that lay button ensures much more control and can result in a much smoother trading process. Based on the probability of. 56. 52 at 6. 52) Place your lay of £23. I was wondering if anyone knew of a calculator that if you input your back values of -2. Betting exchange hedging calculator. Add the 1 back on to get to 5. 00 1. Finding winners is incredibly hard but predicting how horses will run can be more reliable and this is something you can profit from. A matched betting calculator is a bit different to a regular odds calculator as it will help you calculate how to place lay and back bets to unlock profit from the free bets offered by bookmakers. Enter your stake, the odds and commission (if using an exchange to back with) for your initial back/lay bet. Here the idea is to lay less on the. Laying a price boost is pretty straightforward. Easily calculate your back and lay odds on betting exchange sites such as Betfair, Betdaq and WBX. If. 81We at Betting Tools have devised a spreadsheet for keeping track of all your bets. If five bets are matched,. X: Back: Lay: Price : Stake : Commission : Total Stake: Reset. – 8 or more runners. Betfair provides this data AS IS with no warranty as to the accuracy, completeness or timeliness of such data and. Finally, the Betfair SP Price ceiling is the maximum lay price you are prepared to accept, in order to control your risk, when tracking to Betfair SP. 80 However, are you sure of profit of 12. O= 1. Your Back Bet (eg. For Betfair colours (blue for back, pink for lay), you can switch in the main website navigation – under the palette icon on non-mobile. Odds after commission calculator allows to identify real winnings and compare it with bookmaker’s ratio. 100 - 25 = 75. 55 against your ‘ Brighton & Everton ‘ multiple at Smarkets. You lay a horse at 3. Input odds and stakes of your lays in the 3 bottom sections. PPM reader Kerrin Brown has been enjoying success as a “lay” operator on Betfair. If you bet 10 Euros on Manchester United you win the amount of your stake times the odds. The equations here use the decimal odds system which is popular in Australia, New Zealand and Europe. I was wondering if anyone knew of a calculator that if you input your back values of -2. 00 1. Exactly as I thought mate, it is nearly 7 years old and still at version 1. Best Odds Bet In-Play Cash Out. Hedging your bets involves placing bets on a different outcome to your original bet to secure a guaranteed profit regardless of the. If the odds are right it would be a completely risk free bet. So, say we’re backing Geranium to win for £10 today, the returns are: Stake x Odds = Returns. This is not always the case, please check under the. Let us take a summary of these two market systems. 00 and entered a $10. Horse Racing on the Betfair Exchange lets you set the odds yourself on over 272 Horse Racing events. Betfair provides this data AS IS with no warranty as to the accuracy, completeness or timeliness of such data and. This enables Betfair to calculate the minimum profit you will make on the selection if the result goes in your favour. Accumulator Bet. These are nominal fees for the service that Betfair provides for its users. 82 on Wolfsburg @ 1. It’s as simple as that! Most people run into trouble looking for consistent market movements. The liquidity represents the sum of all the bets on a given odds level. Greyhound Racing on the Betfair Exchange lets you set the odds yourself on over 177 Greyhound Racing events. And then you calculate lay odds as back stake * back odds / lay stake = 700 * 1. Betfair’s Betting Exchange lets you bet against other people and get great odds on thousands of markets every day. To dutch together win selections you can use this simple calculator which will let you back up to 12 selections in one race or event and tell you what stakes to put on each to make a. 00 1. The spreadsheet does the rest and works out your profit loss on that particluar bet and overall. Back and lay is the other most common way to indicate the bettingexchange as above the Betfair horizontal grid the words point and bank are inserted with their respective liquidities ready to be matched. Betfair provides this data AS IS with no warranty as to the accuracy, completeness or timeliness of such data and. odds of 0. Your first bet will be a lay on the draw, which means you bet against the draw. 00 ÷ 7. If you're not fully satisfied with the price on offer, you can request a better one. It is calculated as follows: Liability = lay odds x [backer’s stake – backer’s stake] If you wanted to lay the Sydney Swans in the AFL Premiership market at the odds of $8. Warning: Although the current score, time elapsed, video and other data provided on this site is sourced from "live" feeds provided by third parties, you should be aware that this data may be subject to a time delay and/or be inaccurate. Please also be aware that other Betfair customers may have access to data that is faster and/or more. You’re confident that Everton will win the game and place a £10 bet on. Report kellydamo • December 7, 2015 3:53 PM GMT. Hedging Calculator. We reward you with Betfair Points when you win or lose on the Betfair Exchange. Whatever you want to call it, it’s that slice of action every bookmaker takes out of the odds so as to make their business worth their while. SP Backers Min Profit Calculation (Min Odds – 1) x Stake = min profit. 32. Forum - How To Join; Announcements. Home › General Betting Forum › Back / lay calculators. 5 Use your Betfair account credentials to log on to the App. Bet Type. Is there a calculator available that can work out what stake is required so that i can lock in a profit ? The only ones that i cIf you only knew your average winning odds were 6. To green up, we need to divide the "free" Bet profit of £10 by the current Lay odds, and place a second Lay :-. Example. One aims to achieve the same profit regardless of the event outcome, while the other two aim to deliver a profit in one scenario. For example, to lay Manchester United to win their match is to back them NOT to win. Dutching is a betting strategy that involves placing bets on all selections within a market so that the returns are the same no matter the outcome. − + Calculate. backlaybettingcalculator. 72 based on multiplying lay prices. Developers. com Analytics and market share drilldown hereThis is where Betfair software like Bet Angel will help. GET A FREE £/€20 EXCHANGE BET. You will also need to include your commission rate e. Saver (No Bet) Calculator. 30 respectively. 100% UP to $10. In this example, if any other horse wins, then you win the losing stake of £10. 15 first half goals and the "Half-Time Score". 84 to bet against. Backer's stake = 0: Use own exchange rates. Calculators: 1×2, Handicap, Totals. 7968 -> 1. Correspondence Address: Triq il-Kappillan Mifsud, St. 00 (£10. Betfair market base rate commission is often lower (4%) on 1 or more Total Goals. Lay Betting is an option on exchanges where betters play the role of a bookmaker, but offers odds to sell a bet instead of the odds to back a. odds of 0-0 full time should be 18 or above and odds of laying 0-0 half time should be 0. For example, 3/1 + 1 = 4. The Smarkets hedging calculator - also known as a green-up calculator or trade-out calculator - is the perfect tool for traders to quickly know how much they need to either back or lay to hedge a betting market. 70 with £42. That is the only reason. 00. "Value" stands for the probability of your bet to win referred to the odds - e. Betfair Community. Name your teams and draw half way down the calculator. With the Combined Betting Calculator you can better understand the meaning and implications of the odds shown and you can calculate the return of your bets. 44 = £255. The calculator is straightforward to use: type in the stake of the bet, the back/lay odds as usual and the full refund value in the ‘Refund amount’ box. Correspondence Address: Triq il-Kappillan Mifsud, St. To maximise your outcome try to bet on events which have the closest odds at the bookie and exchange, for example betting Arsenal to win a match at 2. When you back an outcome in a match, the stake is the liability. Step 3: Lay your price boost. Does anyone have an excel sheet that can be used to calculate a dutching lay. 02/1 average winning odds. At this point, your potential profit or loss depends on the number of bets that will match in-running. 50 in your bankroll. Your vendor will provide guidance and support on getting up and running on the App. For example, a head to head soccer bet has three selections: home win, draw and away win. Money back as a free bet if our horse fails to finish 1st, 2nd or 3rd. Betfair is the most popular sports betting exchange and is most likely where you will start your trading adventure, so there is a Betfair interface explained below. Commission is only charged on the net winnings of bets. 5 fulltime should be 0. If you were to lay them, you would win your bet if they either lost or drew their. Warning: Although the current score, time elapsed, video and other data provided on this site is sourced from "live" feeds provided by third parties, you should be aware that this data may be subject to a time delay and/or be inaccurate. 94. Instructions. 37. 0 – 0 40. Back and lay. LAY BACK EDUCATION LAY BACK WITH BETFAIR: IN-PLAY BETTING & TRADING. Example spreadsheets and comments on example spreadsheets. X = (£700 + £100) / (1. If the horse wins, you earn £37. Simply fill in the boxes with your back price, stake and lay price then click the recalculate button to see how much you should lay (shown in red) at the specified. If you’re looking for something more versatile, our new Betting Exchange Arbitrage & Hedging Calculator calculates various strategies when an arbitrage or hedging opportunity exists using a betting exchange such as Betfair, Smarkets or WBX. Wondering how to bet in-play and trade on horse racing and sport? RACING STRATEGY View allPlease also be aware that other Betfair customers may have access to data that is faster and/or more accurate than the data shown on the Betfair site. Betting on betting exchange websites such as Betfair and Betdaq is a doddle. For example, if you lay a bet at 1. The calculator tells you to lay £8. In this case, it would be (£10 x 1. Is there a calculator available that can work out what stake is required so that i can lock in a profit ? The only ones that i cJoin more than 3 million Betfair Customers and became part of The World`s Biggest Betting Community. What we will therefore need to do is: Click the cross on Matchbook next to your unmatched bet. Click on the same price in the blue column as before but make it bigger; for example, 2. How to calculate liability of a lay bet. g you lay 0-0 halftime with 100 which pays a profit of 27. Your free bet will be credited within 24 hours and valid on any horse racing market for 7 days. If Chelsea ends up winning the game, he'd end up losing his pre-match £10 lay bet. the Melbourne Cup market) has a 7% Market Base Rate. Is there a calculator available that can work out what stake is required so that i can lock in a profit ? The only ones that i cI have placed a lay double on the multiples market, both games are currently going ok but one game only has 1 goal in it. 95. Basically, you can bet that a certain outcome will happen (back) or that it won’t happen (lay). Back And Lay is written in Visual Basic 6 and therefore requires the. – Handicap. You have chosen your Back to Lay candidate!But how do you maximise returns & also manage RISK?Insidetraxs. 0, t his would be the calculation: £8 . Our bet calculator is both an odds calculator and a bet cost calculator. Betfair Correct Score Market 1 and 2. Value Bet. Calculation of back / lay stakes when trading (“Greening up” and “Redding up”). Home › General Betting Forum › Back / lay calculators. LAY BACK WITH BETFAIR: PRO PUNTER WITH TERRY LEIGHTON. Our free online Back/Lay betting calculator calculates the stakes for backing and laying the same selection for a level profit on. Secondly, a “back”-bet is practically a common sports bet where you put you stake on a certain outcome of a bet. co. 40 then value is considered high. Qualifying betBACK & LAY CALCULATOR AND PRICE LADDER. 37 = 1. However, his cash out back bet of £4 at 5. Similarly, if you get the ‘Express View’ you will again get the. 8 will give you a loss of £5. 0 for £10 and lay back at 5. 40 if neither horse wins. Please also be aware that other Betfair customers may have access to data that is faster and/or more accurate than the data. Please also be aware that other Betfair customers may have access to data that is faster and/or more. Their sports markets include football, horse races, american football and tennis and can all be wagered on with ease. You stand to make $5000 if the Vegas Golden Knights win, and you can use the hedge calculator find out that if you place $2083. Bet Angel contains a Dutching bet calculator that is intuitive and easy to use. Sports betting trading has become well known among bettors and it. The following is a collection of free online calculators for sports betting enthusiasts. There is only £500 available on Betdaq, so you would like to know how much to lay the horse for on Betfair to guarantee a level profit after commission. 50. This personalisation of the commission structure means customers have the choice to pay either 8%, 5% or 2% commission on Exchange winnings. 9. 40. Simply enter all relevant data into the highlighted cells of the choosen calculator. 0 on betfair exchange – 5. Join Now - Open Account Using Promo Code VAL225; Bet - Place a £/€20 Bet on the Exchange; Earn - £/€20 Back in cash if your bet loses; BET & WINIt allows punters to sell bets instead of the usual odds in backing a bet. Due to the nature of this trading strategy the later the goal comes, the more significant profit you can take from lay the draw. Betfair trading software; ↳ Bet Angel - Release & version history; ↳ Announcements; ↳ Bet Angel - FAQ's;Developers. £700 – £444. Each-way betting is a popular way to increase the chances of getting a return, and is common practice in events such as horse racing and greyhound racing. THE ARBITRAGE CALCULATORIf you lay a horse with odds 5. 34 or 1. Join more than 3 million Betfair Customers and became part of The World`s Biggest Betting Community. This calculator enables you to calculate payoff and profit scenarios for Asian Handicap bets. Lay Man City with a liability of £7. e the amount you want to risk on each trade and you’ll be able to see what the equivalent stake is at each individual odds up to odds of 6. 30 – 1) = £4. The Back Commission box will almost always stay at 0%, unless you are placing your bet on a betting exchange. Choose from over 36 Horse Racing venues, and place a Horse Racing bet, either for an outcome (to Back) or against it (to Lay). 15 and laying the same outcome at 2. System. For a more advanced level, Traders will find a trading calculator at the Online Betting Academy. I have placed a lay double on the multiples market, both games are currently going ok but one game only has 1 goal in it. BetCalc - Lay 0-0 or Back 1 or more goals Bet calculator. A back-to-lay strategy is basically backing high odds and laying low odds. Therefore, placing a back bet at 8. For customers in the UK, TSE Malta LP is licensed and regulated by the Gambling Commission, Licence Number: 000-039561-R-319411-005. The calculator could be used even before placing the initial bet. This means that if you also bet £444. g. The backer’s stake is £10. 6213/8 Chelsea, 3. Choose from over 61 Football. Odds Converter. Betfair Community. 00 1. Odds changes are shown on the calculator and new values will be calculated by clicking on the icon. I was wondering if anyone knew of a calculator that if you input your back values of -2. 00 2. So for. When placing a lay bet, your liability is always removed from your account balance as Betfair has to assume the worst. Download the surebet calculation program: Surebet calculator. 91. Applies to bets placed from 10:00 on Thursday 31st March 2022. Therefore, to neutralise your potential losses and win back a £20 return on this lay bet (minus commission), you would need to stake £10. For customers in the UK, TSE Malta LP is licensed and regulated by the Gambling Commission, Licence Number: 000-039561-R-319411-005. 00 1. For example you could back a bet on Federer to win Wimbledon. 100% UP to $100. Back horses the evening. Lose. For customers in the UK, TSE Malta LP is licensed and regulated by the Gambling Commission, Licence Number: 000-039561-R-319411-005. I was wondering if anyone knew of a calculator that if you input your back values of -2. It is the perfect accompaniment for your horse and sports betting needs. This online sports betting hedging calculator determines biased and unbiased hedging strategies when you have already placed one wager on a market and either want to lock in a profit or limit your losses. 4 Wagering operators in Australia are required to pay a fee based on ˜turnover defined as aggregate of back bets) to Racing NSW for the right to accept bets on its racing. i know there is a lot of online calculators would you be able to get a pocket calculator,that would tell you how to lock in profits,and how much to lay or back to equalize profits. Matched Betting Calculator. So this is a trade called Lay the Field. 44 on the other player, you will win £255. CALCULATORS.