This Calculator calculates profits and bet values in sports events by betting on different outcomes, by using various methods: 'Arbitrage betting', 'SureBetting', 'Insurance Bet', 'Martingale Strategy'. Suitable for any sport events which have two, three, four, five and six outcomes.
To use, you should to select the number of outcomes, enter the input data by using tooltips in the app, and odds values (decimal type), then press 'calculate.
For example, there is a sporting event (a football match) which the following odds:
Should go to the football section, as it is dealing with three possible outcomes of a sporting event. Let's say, if it is hypothetical to assume that a 'draw' does not happen, (odds=4.0). Fill odd fields and set total amount of the bet ('bank'), for example, $ 100 and make a calculation.
When filling in the fields with coefficients, the 'X' field must be left empty. The results of the calculations will be as follows:
This means, to win the first team bet will be $ 38.68, and $ 61.32 to win the second team. in the case of the victory of the first or second team - the profit will be $ 25.71, and in the case of a 'draw' - the profit will be minus $ 100.
'Surebet' is a bet on the opposite odd from first odd at a higher rate. Its meaning is to get a guaranteed profit, regardless of the outcome of a sporting event. Often used during live events. For example, before the start of a match (tennis) there were the following coefficients for winning a match:
Suppose,was made 100$ bet to win the 1st player (odds=1.95). The first player won the 1st set and the odds of winning the second player in the match increased to 3.25. And at this moment, you can make a "surebet" to win a second player at a factor of 3.25 such that, regardless of who wins the match, to get a guaranteed profit. An example of calculating this rate and profit on the calculator will be as follows:
As a result, the size of the "insurance bet" on the second player is $ 60, and the guaranteed profit size is $ 35, regardless of which player wins the match
For this example, can do calculation, where the size of the guaranteed profit will be different, depending on which player wins the match: