Welcome to our arbitrage calculator. A great bit of software you can use to find bets that should lock in a return regardless of what happens in the big game.
We’ve designed this calculator to give you a simple way to perfect one of the most attractive bet types around. You can just enter your stake, the odds for two or more events, and then our calculator will reveal what you need to do next.
The arbitrage calculator on our page simply reveals how much you have to wager to successfully make an arbitrage bet.
You just have to type in your original stake, the odds for the two or three outcomes of the same sporting event, and then the calculator will reveal how much you need to wager for the other bet/s. You will also get to see your returns once the sporting event has concluded and you have won your bet. Here are the sports that you can use our arbitrage calculator for:
| Arbitrage calculate usage | Sports |
|---|---|
| Two-way arbitrage bets | Football, basketball, hockey, baseball and so on |
| Three-way arbitrage bets | Sports such as soccer that also feature a draw |
| Cannot be used | Many racing sports with multiple competitors such as NASCAR racing and horse racing |
Arbitrage betting means that you bet on all of the possible outcomes for a sporting event and vary your stakes accordingly so as to ensure that you get a return - regardless of what happens in the game.
An example could be if you wanted to bet on an NBA game between Cleveland Cavaliers and Boston Celtics. Here you would bet on both the Cavaliers and the Celtics to win. Obviously the odds for both teams would be different, and this means that you would have to adjust your stakes accordingly.
Just remember that most sportsbooks take a fairly dim view of arbitrage betting as they see it as being unfair. As a result, you will need to make your opposing bets at different sportsbooks to avoid your account getting temporarily suspended.
The FAQ at the bottom of this page contains the formula that details how arbitrage bets are worked out, but if you want a quicker way to get into the action, follow this step by step guide to using our arbitrage calculator:
Now the arbitrage calculator will reveal how much you need to wager on the opposing bet to lock in a winning result. Plus you will also get to see your total profit and payout.
So let’s take a closer look at some examples of how you might want to use our arbitrage calculator.
Here’s an example of using our calculator for a two-way arbitrage on one of the weekend’s NFL games. So for this, you picked a game between the Baltimore Ravens and New York Giants. You went to the ESPN betting site and found the Ravens’ odds for a win were -150 and you wanted to wager $10. From here you could fire up our arbitrage calculator and do the following:
Now the arbitrage calculator will automatically reveal that you would need to wager $4.17 on these Giants odds in order to ensure that you don’t lose anything regardless of what happened in the game. Plus you would also get a total payout of $16.67 from your total stake of $14.17 to reveal that you had made a $2.50 profit.
Of course, there’s every chance that you might want to try an arbitrage bet on a sport like soccer that features three potential outcomes - a win, a loss and a draw. Just note that it can be harder to find an arbitrage bet that works with three markets, but it is possible and our betting calculator will help you do it.
Arbitrage betting is something that may take a little bit of skill and experience to get right. So here are some simple tips to keep in mind:
You may have to do quite a bit of searching to find a sportsbook with odds that are the right fit for your arbitrage bet. Thankfully, we’ve got plenty of sportsbook comparisons on our site and you just have to click on any brand featured in the banners of this page to find competitive and fair odds to fill your arbitrage bet with.
You are also more likely to find the odds that work for your arbitrage bet if you stick to the larger sporting events rather than the smaller ones. After all, you might not find too many sportsbooks with the correct odds for that amateur table tennis tournament on the other side of the world.
It’s worth remembering that arbitrage betting isn’t something that most sportsbooks will tolerate and this means that you should be careful when using this bet strategy. As long as you don’t do it to excess and understand when you might be having an unfair advantage, you can enjoy the occasional arbitrage bet and our betting calculator will do the hard work for you.
Chances are that you will want to bet on much more than just arbitrage bets. After all, even winning every time gets boring sooner or later. So here are some of the other bet calculators you can find on our site:
Hopefully all of this has revealed the key reasons why so many people choose to use an arbitrage calculator. But here are a quick reminder of the main pros and cons:
Conclusion - Enjoy using our arbitrage calculator
Our bet calculator has hopefully taken much of the mystery out of arbitrage betting. After all, you won’t have to deal with any of those tricky formulas, but can instead just type in your odds and stake and the calculator will do all of the work for you.
Obviously, you’ll have to find the relevant odds first, and you should pay a visit to any of the sportsbooks featured in the banners of this page for that. So fire up our arbitrage betting calculator and enjoy a superior way to bet.
Arbitrage betting basically means betting on multiple options on the same sporting event to ensure that you ensure that you get a return.
This is a special kind of sports betting calculator that is able to tell you how much you need to wager on two sets of opposing odds to lock in a return when wagering on a sporting event.
Sure thing, the arbitrage calculator on this page can cover both two-way and three-way bets. Perfect for succeeding with your arb bets on anything from football and basketball to soccer and beyond.
So you first need to divide one by the decimal odds for the first outcome and then multiply this number by 100. Then you do the same thing for the second outcome. Finally, you can add the two resulting numbers together and it’ll give you a percentage. If this percentage is less than 100%, then it is an arbitrage bet.
Probably, but to be honest you don’t really need one. After all, the arbitrage calculator on our page can be loaded up from the browser of any modern smartphone, tablet or computer. Perfect for figuring out whether you’ve got an arbitrage bet without having to download any software.
