Unlike other matched betting calculators our back lay calculator lets you alter the back commission. This is useful if you want to place a back bet at a betting exchange. The calculator has a default value of zero for the back commission so change it accordingly if you need to.
If you’re not sure what I’m on about, I recommend you check out our matched betting guide.
Matched betting calculator pro tips
So we know the calculator is vital for match betting, but let’s look at some top tips to ensure you get the most out of this awesome tool in 2019 and beyond.
Tip #1 – Always use the match betting calculator
Our first tip is to always use the back lay calculator. This tip may seem a little self explanatory, however, you’ll be surprised at the number of people who don’t use the matched betting calculator enough.
As you progress with your no risk matched betting and become more experienced, you may feel you can calculate your own stakes.
Arguably you probably could, however, this is something I would strongly avoid doing. It can lead to costly, unnecessary mistakes which could impact your profitability.
Therefore, whether you’re completing a qualifying bet, a free bet, a risk free bet or a price boost, make sure you use the lay bet calculator.
All in all, stick with the matched betting calculator and you’ll be in safe hands when it comes to working out your overall profit and lay stakes.
Tip #2 – Double check everything
The matched betting calculator is an awesome tool. However, it only works out the optimal results based on the numbers you input (what you actually enter into the calculator).
Therefore, as with anything in matched betting, it’s important to double check everything.
This includes checking over the calculator to ensure you’ve entered everything correctly. One slight mistake could significantly alter the outcome of your bets and potentially leave large amounts of profit on the table.
If you like using multiple betting exchanges, always double check the exchange (lay) commission rate.
As I mentioned above, the commission rate changes between different betting exchanges and the lay commission on our betting calculator has a default set to 2% to account for the Betdaq and Smarkets commission rates. However, you can change this as and when you need to.
For more awesome matched betting tips, check out this article.