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How do you calculate the optimal bet size for an arbitrage bet?
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How does the arbitrage calculator work?
Aug 10, 2021 · Below, I will outline these simple, yet highly effective formulas so that you can determine whether an arbitrage opportunity exists and if so, how to calculate how much you should stake on each side to ensure a guaranteed profit!
The formula for arbitrage betting is used to calculate whether a set of odds offers an arbitrage opportunity and how much to bet on each outcome. The key formula involves calculating the arbitrage percentage: Arbitrage % = ((1 / decimal odds for outcome A) x 100) + ((1 / decimal odds for outcome B) x 100) + … (for additional outcomes)
Stake. $0.00. Payout. $0.00. Total Payout: $0.00. Total Profit: $0.00. ROI: 0.00. How does the Arbitrage Calculator work? Our arbitrage calculator allows you to enter the odds of two (or more) different bets to determine how much you should stake on each to guarantee a profit.
Aug 22, 2023 · The formula is as follows: 1 / Decimal Odds (Outcome 1) + 1 / Decimal Odds (Outcome 2) + … + 1 / Decimal Odds (Outcome n) = Total. If the total is less than 1, an arbitrage opportunity exists. Once you've identified an arbitrage opportunity, you can use the formula to calculate the optimal bet size for each outcome.
- Have You Found A Surebet?
- Calculate Your Profit from Arbitrage Betting
- Arbitrage Profit Formula
- Calculating Your Stake For Outcome B
- GeneratedCaptionsTabForHeroSec
Firstly, if not using an online arbitrage bets calculator, you need to work out the arbitrage percentage which identifies whether you have a surebet. As mentioned above, with an individual bookmaker, the total percentage of all outcomes in a sporting bet will add up to greater than 100% due to the overround. Therefore, we are looking for opportunit...
Having found a surebet, we then need to calculate the profit we will receive based on the amount of money we are willing to invest. If, for example, you are wanting to place £500 stake on the tennis surebet above, you would calculate the profit using the following formula:
The next step is to calculate how your investment needs to be broken down in terms of stakes across both bets. This is so that you are returning the same profit regardless of which outcome wins. The idea is to return the same profit regardless of whether the first or second outcome is successful, so it is critical to use the correct stakes – if not...
As an aside, it is also worthwhile knowing how to calculate the stake for outcome B if you know how much you plan to bet on outcome A. Rather than the above approach where we split the total stake (£500) into two bets to guarantee the same profit, we can work out how much to place on outcome B if we have bet £500 just on outcome A. This can be done...
Learn how to make money by placing bets with different bookmakers to cover all the outcomes of a sporting event. Find out how to identify arbitrage opportunities, calculate your profit and use software to help you.
Feb 13, 2024 · + Sportsbook E has team 1 at -115, while sportsbook F has team 2 at +120. The arbitrage betting formula tells us that A = 0.99. We are wagering $54.05 on team 1, and $45.95 on team 2. No matter who wins, we are still getting a $101.08 payout for a $1.08 profit.
How To Calculate An Arbitrage Bet. Calculating an arb with an arbitrage betting calculator is easy. But let’s look at the calculations involved to help us develop a deeper understanding of the dynamics involved in arbitrage betting. There are two key questions when it comes to arbitrage betting:
