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Matched betting calculator – math

Hi, I was hoping someone could help me.

Is there anywhere which describes the math for the matched betting calculator? I understand how to work out a lay and a stake bet, but how does it work out the optimal configuration?

Part two of my question and why I am really asking Is there a tool which does the calculation backwards, as in rather than fixing the stake, you can instead select the lay amount, or is there a tool that already does this?

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mrzaratan
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August 13, 2022 at 8:11 pm

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Neil S 76 September 1, 2022 at 11:07 am

Hi, there’s a good description of all the maths here:

https://help.smarkets.com/hc/en-gb/articles/115000350131-How-to-calculate-smarkets_how-to-calculate-matched-betting-betsmatched-betting-bets

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