Betting Calculators

Free tools to help you calculate your edge

Arbitrage Calculator
Find guaranteed profit opportunities across two bookmakers.
$
ARB FOUND
Stake on Outcome 1
Stake on Outcome 2
Guaranteed Profit
ROI
Back & Lay Calculator
Calculate lay stakes for Betfair exchange hedging. Back at a bookmaker, lay on the exchange.
$
%
Lay Stake
Profit if Back Wins
Profit if Lay Wins
Betfair Liability
Bonus Bet Turnover Calculator
Convert bonus/free bets into guaranteed cash. Bonus bet stake is not returned — only profit.
$
%
Lay Stake
Guaranteed Profit
Retention %
Betfair Liability
No Vig / Fair Odds Calculator
Remove the bookmaker's margin to find true fair odds and probabilities.
Fair Odds 1
Fair Odds 2
True Prob 1
True Prob 2
Overround
Vig / Margin
Vig Calculator
See exactly how much the bookmaker is taking from both sides of a two-way market.
Bookmaker's Edge
Vig / Margin
Overround
Fair Odds 1
Fair Odds 2
Implied Prob 1
Implied Prob 2
True Prob 1
True Prob 2
Kelly Criterion Calculator
Determine optimal bet sizing based on your edge and bankroll.
%
$
+EV BET
Full Kelly %
Recommended Stake
Expected Value / Bet
Edge %
Quarter Kelly
Half Kelly
Full Kelly
Expected Value Calculator
Determine whether a bet has positive expected value (+EV).
%
$
+EV BET
Expected Value
EV % per Bet
Break-even Probability
Your Edge
Odds Converter
Enter odds in any format — decimal (2.50), fractional (3/2), or American (+150 / -200).
Decimal
Fractional
American
Implied Probability
DecimalFractionalAmericanImplied Prob.
1.501/2-20066.67%
1.804/5-12555.56%
1.9110/11-11052.36%
2.001/1+10050.00%
2.503/2+15040.00%
3.002/1+20033.33%
4.003/1+30025.00%
5.004/1+40020.00%
10.009/1+90010.00%
21.0020/1+20004.76%
Hedge / Cash Out Calculator
Lock in a guaranteed profit on an existing bet by hedging the opposite outcome.
$
Hedge Stake
Profit if Original Wins
Profit if Hedge Wins
Guaranteed Profit