Back lay betting calculator

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All you have to remember is to lay first and back later at the higher price if you expect a price rise. Likewise, if you expect a price to fall or shorten, you'd back first and then lay off later at the lower price. Select Same-Market. Enter the Stake and Price of the bet that you've placed. Enter your target exit Price. Enter your Commission rate default value is 5. The calculator displays the stake you should use to exit the trade for an immediate level profit.

Same-exchange trading example The example below assumes that you had originally layed at 1. You now want to place an order to back the same selection at 1. Cross-exchange Arbitrage Whereas trading profits from price movements, arbitrage exploits current price discrepancies. Arbitrage opportunities occur when you can lay a selection in one place site at a lower price than it can be backed elsewhere.

You can use this calculator for arb betting too, just enter the back odds from the bookmaker and the lay odds from the exchange to make a profit no matter the outcome. We have also added advanced features like underlay and overlay so the expert bettor can choose to place their matched bets as they see fit allowing the possibility of bigger wins while still keeping the risk to a minimum.

If you have part lays in place then that is no problem either. Just enter what you have layed and the odds and the calculator will do the rest. Telling you what you need to lay at the current odds to get the best result possible from the bet. Lay Calculator Advanced.