Along with our free matched betting calculator, we also provide visitors with a free arbitrage calculator. These are sometimes called a 'surebet calculator', 'dutching calculator', 'arbing calculator' or 'hedging calculator'.
If you're not familiar with arbing, you can read our arbitrage betting guide which will give you more information on how it works and what you need to get started.
Many free arbitrage calculators are only capable to determining stakes for events with two or three possible outcomes. However, our arbing calculator allows for an unlimited number of outcomes meaning that you can use it to determine the ideal stakes for any sport such as football, tennis, golf or horse racing.
how to use the FREE arbitrage calculator
The free arbitrage calculator is extremely user friendly and can be used to calculate the ideal stakes for your arbs to ensure that you return the same profit regardless of the outcome.
Follow the steps below to use the calculator. Be sure to test it a few times before using it for real bets to ensure you are comfortable with how it works.
1. Enter the total stake you would like to use across all of your selections
2. Enter the rounding level. This will round your stakes which looks more natural to bookmakers. 1 = rounds to the nearest £1, 0.1 = rounds to the nearest 10p, 0.01 = rounds to the nearest penny etc.
3. Enter the number of possible outcomes in the event and click on the '+' button. There are already two available by default so, if it was a football match which has three possible outcomes (home win / draw / away win), you'd only need to add one more.
4. Enter the odds for each outcome from the bookmakers you are using for your bets
5. The ideal stakes to use will automatically be calculated. If you adjust any of the stakes, which you may do to make them look like a more natural bet eg. from £101 to £100, enter the stake you placed into the corresponding 'Actual Stake' field which will in turn, update the individual payouts, profits and EV.
6. You'll notice that there is also a 'BOG' field. This is if you are betting on a horse race. Although you will only know if you will receive a higher price because of Best Odds Guaranteed once the race has started, you can enter the updated odds into this field which will update your position.