The dutching calculator has two-way or three-way modes, and a simple and advance setting. The calculator helps members work out out how much to stake with each bookmaker or exchange and show the potential profit or loss. Users can chose 'normal' or 'stake not returned' for each bet, depending on the terms of the offer from the bookmaker. Odds correlate to the probability of a team winning, which is the implied probability. A -140 favorite has about a 58.34% chance of winning, while a +120 underdog has a 45.45% chance. Did you notice those percentages add up to more than 100%? That’s because of the vig, which is a sportsbook’s cut for facilitating your bet.To calculate implied probability, use the following formulas: Free matched betting calculator and odds converter available with Team Profit. Use the calculator to calculate the lay stake and the free bet profit. The matched betting calculator is an essential tool for any matched bettor. Whether it’s an initial qualifying bet or a type of free bet, our calculator will tell you exactly how much your lay stake should be, how much your liability will be and most importantly your guaranteed profit. Profit = (Stake * Odds) / 100. Taking the example above, if we added a stake of $50 we can calculate the potential winnings from the bet using an odds calculator: Profit = (50 * 275)/100 Profit = 13750/100 Profit = $137.50 REFUND CALCULATOR Guarantee a profit when there's money back as a free bet if your initial bet loses. 'REFUND IF' CALCULATOR Calculate lay stakes for trigger bets when a free bet is provided after a certain condition is met (e.g. money back on losing correct score bets if a certain team wins). EXTRA PLACE CALCULATOR How to make a risk-free profit? Matched Betting – how it works? Matched Betting -The loop; Matched Betting money management. Matched Betting – before you start. Tools. Bonus calculator; PRO calculator; odds Free Bet Calculator The free bet calculator or matched betting calculator as it is sometimes known is the priceless tool needed to carry out matched betting. If you've stumbled upon this article without knowing what matched betting is, then boy are you in luck! Here at Team Profit we specialise in turning bookmaker free bets into
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