Most of us want to take our betting to the next level but aren’t quite sure how. Many of us have an idea of how odds work, but don’t know how to turn that knowledge into an advantage.
That’s where our arbitrage calculator betting comes in. This is a tool that allows you to take odds from the abstract, pull from them a percentage value and then utilise that information to craft smarter bets. It can help you create a profit based on mathematics, improving your chances of correctly predicting the outcomes of your favourite sports.
Arbitrage Calculator:
What is an arbitrage calculator?
To understand the arbitrage calculator, one really important point of context is that it’s often referred to as an arbitrage profit calculator. The goal of this calculator is more ambitious than most: it aims to guarantee profits as much as possible.
The way this works is simple. Select some odds you’re interested in and find the odds for the same event across multiple bookmakers, alongside a stake amount. Our arbitrage calculator online then lays out a strategy for you to follow to make a percentage profit on the odds difference. It plays the odds of different bookmakers across all markets on an event against each other.
Should those odds come to an implied probability of less than 100%, and you bet the same amount on each, then whoever wins, so should you.
Why you need a calculator for your hedge bets
You may be reading this and thinking that what an arbitrage calculator online does sounds so straightforward in concept, do you even need a hedge bet calculator? The answer is an enormous yes.
While the surebet calculator – another telling nickname for this tool – may be simple in concept, the mathematics behind it are incredibly complicated. You would need to be able to do lightning-fast sums to efficiently go through multiple odds with enough speed and precision to ensure your bet is correct and there’s not a change in odds by the time you’ve finished. Either would result in a guaranteed loss for your wager. Avoiding these issues is the job of our hedge calculator.
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Why you need to use our calculator for hedge bets
If you’re wondering whether an arbitrage profit calculator is right for you, allow us to highlight the drastic difference between this and normal betting. Usually when betting, you’re trying to predict the results of an event. Your success depends on the accuracy of that prediction and that adds an extra layer of intrigue and enjoyment to the game.
Arbitrage calculator sports betting is a rather unemotional affair. Your success instead lies on the accuracy of your maths and if that’s correct, the result of the game shouldn’t matter.
Whether this kind of betting works for you doesn’t just depend on your desire to make more money from your bets, but also to remain cool, calm and collected – and to rely on the numbers, rather than who you’d prefer to win. Beyond that, we think pretty much anyone can get great value out of this calculator.
Top tips for using the calculator for the first time
While the correct use of our calculator would result in a mathematically predictable percentage of profit, it’s not without risks. With that in mind, here are five tips for using our arbitrage calculator online:
The Odds Can Change – Move Fast
The reason the calculator needs to be so fast is that odds are ever-changing, meaning the speed of our arbitrage profit calculator is of the essence. Even so, you must move quickly to avoid disappointment.
You Can Get Penalised – Don’t Overuse the Same Bookmakers
If a bookmaker suspects the use of a calculator, your bet may be denied or your account terminated. Either could result in a hole in your arbitrage strategy, so avoid doing this too often in the same places.
Make Sure You Input The Right Odds – Accuracy is Vital
The arb calculator only works if the information given is accurate, so double check before calculating your strategy.
Profits Margins Are Low – But Start Off Slow
Successful arbitrage betting usually only has a profit margin of a couple of percent, meaning many are tempted to go big. However, newcomers should consider getting some practice in before committing more funds.
Even the most comprehensive betting strategy has potential issues. While using an arb betting calculator, you should still practise responsible gaming.
Other calculators we offer
Looking to enhance your betting in other ways? We have many more calculators beyond the hedge bet calculator which may be able to help you out:
- Betting odds calculator: What winnings are your betting odds really worth? Find out here.
- Parlay calculator: Big accas mean complex sums. We’ll figure them out for you.
- Odds value calculator: Discover the true value of your odds with a simple calculation.
- Betting odds converter: Use our
odds converter
to quickly swap between decimal, American or fractional odds in one click.
- Sports betting hold calculator: The hold represents the bookmaker’s advantage over you, and thus the quality of your bet. Find out if it’s still worth your while after using our hold calculator.
- Spread to moneyline converter: You can discover the quality of your American odds through a simple spread to moneyline conversion. Find out how with us.
Conclusion: Taking the guesswork out of betting
If you’re new to the arbitrage calculator – and indeed arbitrage betting in general – you may be amazed to learn there’s a way to make profits from betting which isn’t reliant on correct predictions. However, accuracy is vital, which is why we’ve taken great care to ensure our
free bet calculator
is as easy to use and accurate as possible. There are still potential pitfalls, as we’ve outlined, but by using a calculator you can trust, you have a foundation for smarter, more strategic betting.
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Arbitrage calculator FAQ
❓ What is arbitrage betting?
Before you utilise an arbitrage betting calculator, you’ll naturally need to know what arb betting is all about in the first place. It goes by many names including sure bets and hedge betting, but we’ll leave you without any confusion as part of our arb betting calculator page. We’ll also break down everything newcomers need to know.
💵 How does an arbitrage betting calculator work?
As arbitrage betting can rely on some very complicated and incredibly fast maths, exactly how the tool works and how easy it is to use is absolutely fundamental to whether or not it’s worth your while. No need to fear as we’ll explain exactly what information it requires to provide you with a custom hedge betting strategy that anyone can understand.
☝Are there are risks I should know about when it comes to using the arbitrage calculator?
Here at Wetten, we take responsible gaming incredibly seriously. That means that while we’ll be discussing in length how to use our calculator and all the wonderful benefits of this tool, we will also break down any key risks. That way, you can go into every bet you make fully informed and able to bet strategically, as well as responsibly.
