Whether you’re just starting out in the world of matched betting or you’re a seasoned pro, chances are at some point you’ll want to stop striking out by yourself. Your spreadsheets, reams of calculations and intuition will get you pretty far if you’re skilled, but somewhere down the line you’re going to need a solid matched betting calculator to help you along the way.
What exactly is a matched betting calculator? Well, these (often free) services assist you in calculating the exact amount of money you should bet in order to guarantee profit and a return, along with your liability and several other important statistics when it comes to matched betting. There are loads of these available online, and it can be hard to know which one you should be using.
The short answer is that most matched betting calculators will be more than adequate in helping you to get started on (or continue) your matched betting journey. With that said, there are definitely going to be some that will be more appropriate for you than others depending on your skill level and how much information you need. We’ve gathered a list of some of the best matched betting calculators below to help you along.
Profit Accumulator Matched Betting Calculator – Free (Best all-round)
Profit Accumulator is a household name in matched betting software, and their free matched betting calculator is no slouch, either. The Profit Accumulator calculator comes complete with a full explanation of what their software does, as well as the features it offers for the more advanced user. On the basic side, the calculator allows you to calculate your lay stake, your liability and how much profit you’re guaranteed. Three bet types are supported: normal bet, free bet stake not returned and free bet stake returned. Where the PA calculator shines, though, is in its slightly more advanced features. Users can set the back bet commission if they’re betting with an exchange, while the calculator also features a custom slider for viewing the potential lay amount, liability and the amount the bookmaker bet would win (depending on the minimum and maximum stakes). All in all, this is a great piece of calculation software. Profit Accumulator also offers nine extra advanced calculators for their Platinum members, so if you’re an advanced customer, that’s a great place to go.
OddsMonkey Matched Betting Calculator – Free (Best for old hands)
Much like Profit Accumulator, OddsMonkey is a well-known service among matched betting aficionados. Their easy-to-use premium service and wealth of help tools have placed them in the pantheon of most-used matched betting companies, and their calculator reflects this position. Unlike the Profit Accumulator calculator, OddsMonkey’s tool provides no explanation; instead, the calculator is simply presented to the user, allowing them to independently input the back stake, back odds, commission and lay odds and commission. There’s an “advanced mode” toggle which also allows users to specify part lays and odds. The cool part of the OddsMonkey calculator is its real-time updating; as users input and change information, they’ll be presented with the underlay, standard and overlay scenarios in real-time. A “custom” box also allows users to input minimum and maximum stakes so that liability and bookmaker bet wins can be calculated. This one’s great for those who already know what they’re doing.
MatchedBets Calculator – Free (Best for newbies)
We think this is the best matched betting calculator for those who are new to the exciting world of matched betting. This is because the MatchedBets calculator comes complete with a significant list of instructions and tutorials which will assist you in understanding exactly how to use it. Functionally, it’s very similar to the other two we’ve featured so far; users can input back and lay odds and commission, as well as back stake, with overlay and underlay modes also available along with the customary (ha) custom slider. Below the calculator itself, though, is a long list of instructions which detail exactly what steps are involved in using the calculator for maximum effect. It’s a remarkably generous gesture from MatchedBets, and as if that wasn’t enough, it also lays out how to use the calculator for qualifying bets, arbs, and a free bet calculator. The premium version also offers extra functionality like win and loss bonuses, partial lays and enhanced freebets odds.
These are just three of the best matched betting calculators available on the market. All of these calculators have premium versions available, and depending on which one catches your eye they’re all excellent options if you want to take your matched betting experience further. For those just starting out and those still getting to grips with their understanding of and skill at matched betting, the free calculators will more than suffice; however, once your skill improves, you’ll want to take advantage of the features the premium versions offer.