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Free Bet & Matched Betting Calculator

Calculate the guaranteed profit you can lock in from any free bet offer using a lay bet at an exchange.

Free Bet Calculator

Odds at the bookmaker where you place the free bet.
Odds at the exchange where you lay the bet.
Lay Stake Required
Guaranteed Profit
Profit if back wins
Profit if lay wins
Efficiency (% of free bet value extracted)

How Matched Betting Works

Matched betting uses a free bet at a bookmaker combined with an opposing "lay" bet at a betting exchange to guarantee a profit regardless of the outcome. Because you're covering both outcomes, the result is a near risk-free profit.

SNR vs SR Free Bets

Stake Not Returned (SNR) is the most common type โ€” you only receive winnings, not your original free bet amount back. These typically yield 70โ€“80% of the free bet as profit.

Stake Returned (SR) free bets return the stake too, making them more valuable. You can typically extract 85โ€“95% as profit.

Finding Close Odds

The closer the back odds and lay odds are, the higher your profit. Aim for a difference of less than 0.20 between back and lay odds for best results.

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