Arbitrage Betting Calculator Excel

[Raina Giorno]

Anarbitrage betting calculator is capable of comparing the odds of two or more outcomes and calculating the possible profit edge if the bettor would like to place bets on both outcomes.

This sports arbitrage betting calculator is designed to display the possible profits in percentages and the ROI (return on investment) you can achieve with the odds you found and believe to be good for a sure betting opportunity.

If you enter the odds for any two-way or three-way, or even more outcome and the total stakes in the Arbitrage Calculator above, it will calculate if there is an arbitrage opportunity and tell you how much you need to stake on each outcome in order to guarantee a profit.

While this arbitrage calculator comes in handy many times, the integrated calculator of each arbitrage finder mentioned on this site has more features and allows you a faster process of finding out the right stakes for your bets.

I am Samuel Kovacs the founder and CEO of Sports-Arbitrage.com (formerly known as SportsSmartBetting.com) and I have been a professional sports bettor since 2013. After my Master's degree in Business Management I worked as a data analyst which helped me gaining more experience and success with the following strategies: matched-, arbitrage-, and value betting. Each software and strategy I present and write about was tested or used by me for an extended period.

Arbitrage betting (or sure betting) has become very popular recently with an increasing number of agencies, betting companies, and websites. Moreover, separate brokers with different odds allow the player to find an opportunity for scalping. But it is not always easy to calculate the necessary stake amounts for an odd. Therefore, our Sports Arbitrage Calculator Excel Template will come in handy if you are dealing with these.

Basically, the only thing you need to do is, enter the odds for different types of bets. Afterward, put your arbitrage bettings and odds on the Dashboard and stakes will be calculated automatically to find the sure betting. Also, you will be able to put as many odds as you want.

Furthermore, the arbitrage calculator in Excel will calculate for you if this arbitrage yields a profit or loss. So, if the odds are not enough to create a sure betting occasion, then you will be able to see your loss.

Finally, the template tells you how much money should you put into each stake. Just try different odds from different agencies to get the most out of arbitrage betting and find the best combination which will maximize your profits.

Below, I will outline these simple, yet highly effective formulas so that you can determine whether an arbitrage opportunity exists and if so, how to calculate how much you should stake on each side to ensure a guaranteed profit!

In essence, these odds are an expression of probability; that is, they represent the likelihood of an outcome occurring (in the eyes of that bookmaker). In theory, odds of 2.00 in a 2 way bet (Win or Loss being the only outcomes), represent a 50% chance of that outcome occurring.

Now, we do not live in a theoretical world and in reality the bookmakers are trying to make money, so even if they think that there is a 50% chance of an outcome occurring, they will not set odds of 2.00. They will set them at 1.90 or similar to build in a small profit margin.

As expected, in theory the probabilities for each option should sum to 100%. If we use a more realistic example, where there is a bookmaker profit margin built in, we will see that the total percentage exceeds 100%.

In soccer, a team can win, lose or draw (3 outcomes). Despite the extra outcome compared to 2 way betting, the process is fundamentally the same. Sum the probabilities of each of the outcomes and see if they are less than 100%.

The major takeaway from this example is that it is absolutely fundamental that you bet on the draw as well as each of the sides. If you forget to do so, you have the potential for big losses, which can wipe out your hard work on many arbs.

This is where arbitrage betting is different. You are effectively trading, and looking for an event whereby the odds from one bookie is different enough on one of the possible outcomes to the other bookies. If you find a situation like this, you have found what is know as an arbitrage.

The Free Arbitrage Betting Calculator that comes with the Arbitrage Betting Guide is designed using and Excel Spread sheet. however, even where your Excel skills are not so good, you will be able to use the calculator very easily.

If the answer you are looking for is not on any of the pages, please either contact us using our Contact Form or please go to our support forum here: Free Support Forum, where will will be pleased to answer your question.

Use this arb calculator to help ensure your bets will be profitable. Shrewd sports bettors can use hedging and arbitrage to lock in a guaranteed profit regardless of the result of a sporting event. Hedging your bets allows you to take advantage of line changes to cover every potential outcome and assure yourself of a profit. Arbitrage involves seizing upon discrepancies in the odds offered by rival sportsbooks. You can then cover each potential result and guarantee a risk-free profit, no matter what the result is.

Australia Sports Betting offers an Excel betting tracker spreadsheet that is free to download. Three versions of the spreadsheet are available: basic, standard and advanced. All three versions are free.

Use of the Betting Tracker Worksheet is conditional upon you reading and accepting the Terms of Use for Australia Sports Betting. Basically, it is a condition of use that you do not rely upon the information and resources provided by this website when placing bets. Please verify everything for yourself. It is also a condition of use that you do not make this spreadsheet, or any variant of it, available elsewhere. If you wish to tell others about this spreadsheet, please share the following URL:

-tracker-excel-worksheet/.

Support can be found at the Excel betting tracker thread in the sports betting forum. Questions can comments can be submitted through the Contact Form. Updates and new regarding the spreadsheet are posted on our Facebook page and Twitter account.

You can follow and copy actual bets made by us through Dabble. To do so, create a Dabble account and download the App. At the bottom of the app, tap Search and then input "AusSportsBetting" as the search term.

We also use third-party cookies that help us analyze how you use this website, store your preferences, and provide the content and advertisements that are relevant to you. These cookies will only be stored in your browser with your prior consent.

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

3a8082e126