Gambling Arbitrage Calculator

 

There are many different ways to calculate profit achieved with arbitrage bets. This page explains how arbitrage betting works and what you will have to calculate, manually or using arbitrage calculator, every time you place surebets. At first, we will show you how to find arbitrage bets. On the example below we will also show you the easiest way to calculate profit by taking advantage of different odds offered by different bookmakers. In the end, we will show you how to distribute your invest into individual bets.

  1. Gambling Arbitrage Calculator Present Value
  2. Gambling Arbitrage Calculator Formula
  3. Sportsbook Arbitrage Calculator

In the beginning finding surebets and calculating profit may seem like a lot of work, but after few calculations you will be able to find arbs and estimate their profit just by looking at the odds. Throughout these calculations decimal (European) odds will be used because they don't require a lot of conversion. Don't worry about betting odds since all bookmakers can display decimal, fractional or moneyline odds.

  1. Learn how to make money online, free arbitrage betting calculator and guide today. Arb Shooters is the best arbitrage betting software on mobile for everyone.
  2. Calculators – Most arbitrage bettors use calculators. A quick google search returns numerous arbs betting calculators. These calculators essentially tell the punter the exact amounts that need be staked on each outcome to ensure that a profit is made regardless of the outcome of the event.
  3. Welcome to the arbitrage calculator website. We have built all the tools you need to make your sports betting (and specifically your arb) experience better! You savvy arber you! Below we have an arbitrage calculator, also known as an arb calculator or a sure bet calculator and some more information about arbitrages in general.
  4. Betting Calculator Before making any bet, it helps to know what you're risking for the expected payout. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds.

If you have any history with sports gambling, you have probably heard of arbitrage betting. Similar to hedging, placing an it’s essentially a way to guarantee some sort of profit. It’s a far more complicated style of betting, and it typically requires comprehensive research.

Finding arbitrage bets

We look for an event with two possible outcomes (e.g. tennis match - either Djokovic wins or Nadal wins), because arbs in events like this are the easiest to find.

First, you have to find two sportsbooks that offer the highest odds for each player. Our arbitrage betting guide explains methods of finding arbs. In the example below one sportsbook (5Dimes) offers the highest odds for the favorite (Djokovic) and the other sportsbook (Pinnacle) offers the highest odds for the underdog (Nadal).

Finding Arbitrage Bets
5DimesPinnacle
Djokovic1.3601.189
Nadal3.1705.500

If you are planning to find surebets yourself, the table below could be helpful. As said before, you have to find two sportsbooks that offer the highest odds on both outcomes. One bookie has to offer the highest odds on Outcome 1 and another bookie on Outcome 2. If you learn the numbers from the table, you will be able to estimate if there is an arbitrage opportunity simply by glancing at the odds at sportsbooks' sites.

Odds for Arbitrage Opportunity
Outcome 1Outcome 2
1.2greater than 6
1.3greater than 4.33
1.4greater than 3.5
1.5greater than 3
1.6greater than 2.66
1.7greater than 2.42
1.8greater than 2.25
1.9greater than 2.11
2.0greater than 2.0

Calculating arbitrage percentage

After you have found bookies with the highest odds for particular match, you will have to calculate arbitrage percentage. The percentage represents the amount you have to invest in order to receive a total return of 100. In order to get arbitrage percentage you have to divide 1 with each set of odds and then add them together. The formula is: arbitrage percentage=(1/EU odds)*100

Calculating Arbitrage Percentage
Individual Percentage (Djokovic)(1/1.36)*100=73.529%
Individual Percentage (Nadal)(1/5.5)*100=18.182%
Total Arbitrage Percentage91.711%

If the sum of the percentages is less than 100% then you have an arb. For an individual bookmaker, arbitrage percentage is always greater than 100%. The spread above 100% is the bookmakers margin or return rate, the amount the bookie earns on offering bets for an event. That is why bookmakers always want to have balanced book. In the example above 5Dimes bookmaker expects to earn around 5% on bets (73.529%+31.546%=105.075%), while Pinnacle expects to earn around 2% on bets (84.104%+18.182%=102.286%). Usual bookmaker's margin (return rate) is around 5%.

In arbitrage betting the idea is to find the odds at different sportsbooks, where the arbitrage percentage is below 100%. This means that the sportsbooks disagree on the chances of the outcome or have accepted too much money on one outcome of the event. This mismatch in odds can then be used to obtain profit.

So the second thing you should do is to calculate arbitrage percentage for your chosen event with two possible outcomes. You do this like in the table above (arb percentage must be below 100% so you can make surebet).

Calculating profit

Thirdly, you have to calculate your profit on the investment. When you have the arb percentage it is easy to calculate how much you will profit if you have a certain amount of money to invest. For example, you have $1000 to invest. Here we will show you how much you are getting from this invest. The formula is: profit = (investment / total arbitrage percentage) - investment

Calculating Profit from Arbitrage Betting
(Investment/Total Percentage)-InvestmentProfit
($1000/91.711%)-$1000$90.38

Calculating individual bets

Finally, you have to calculate individual bets you have to place to make the same profit no matter who wins. In order to get individual bets you have to multiply investment with individual percentage and then divide it with total arbitrage percentage. The formula is: individual bet = (investment * individual percentage)/ total arbitrage percentage.

Calculating Individual Bets
(Investment*Individual Percentage)/Total Arbitrage PercentageIndividual Bet
($1000*73.529%)/91.711%$801.75
($1000*18.182%)/91.711%$198.25

So for this example you have to place $801.75 on Djokovic and the remaining $198.25 on Nadal in order to make $90.38 profit of a $1000 investment.

If you think this is too much maths, do not worry since all these calculations can be done in few seconds with arbitrage calculator. This page has a purpose to explain you how sports arbitrage works. Every day you can find hundreds of arbitrage bets with profit between 1-5% and a couple of bets with profit above 15%. If you want to achieve maximum profit and avoid any possible mistakes read arbitrage advice.

Hi, now I show you how you can use sports arbitrage calculator and have guaranteed profit in bookies.

Fist of all I recommend you to use arbitrage calculator from pinnacle – https://www.pinnacle.com/en/betting-resources/betting-tools/arbitrage-calculator and all of my examples I will show with it.

Gambling Arbitrage Calculator Present Value

3-ways arbitrage situation

Gambling arbitrage calculator for dummies

For example we have an arbitrage situation in match Liverpool – Leicester

Our odds in Pinnacle:

Odds in bet365

Gambling Arbitrage Calculator Formula

Odds in Marathonbet

So if you will try to put odds in arbitrage calculator from just 1 bookie (for example, pinnacle.com), you will have something like this:

So we have a loss -$1.35 in all 3-ways. The same picture you will see in others bookies, but if you choose the highest odds from each bookie (1.275 to Liverpool from pinnacle, 7.40 for draw from bet365 and 14.50 to Leicester from Marathonbet) and input their in our calculator, we will have another situation:

With 3 bets and total stake = $126.02 we will have a guaranteed profit +$1.48 in every of 3 variants of the game.

2-ways arbitrage situation

Sportsbook Arbitrage Calculator

It’s more simple example which often can be with total and handicap betting.

Total over/under 2.5 and odds

In bet365

In Unibet

We choose the best odds from each bookie and input them in our calc:

And have guaranteed profit with $6.50

This method and calculator can be used for each kind of sports and type of bets.

Use www.oddsportal.com to find best odds in bookies and there you can find more betting loos that can improve your betting results – https://bossofbetting.com/best-betting-tools-in-2019.