Calculate the stakes for greening up or Back/Lay arbing
Do you want to trade out, but don't know what stake to use to ensure a level profit whatever happens?
Look no further than our free online calculator (shown below) that does all the hard work for you. It also breaks down the overall profit figures into the Back bet and Lay bet component and displays the commission payable. As it handles both same-market and cross-market calculations, you can also use if for Back/Lay arbitrage calculations!
The free online Back/Lay calculator is shown below. Just enter the Back and Lay prices, the applicable commission rate(s) and the stake of the bet already placed. Then press Calculate to find out what stake to use in order to exit the trade for a level-profit ("green up").
Useful exchange with the same prices and liquidity as Betfair, but not available in the UK or the US.
Back/Lay betting calculator instructions
The calculator is pretty intuitive and simple to use, but we've provided some brief instructions below just in case. Don't hesitate to if you have any queries.
Enter both prices (decimal, fraction or US forma).
The Back Price must be higher than the
Lay Price to ensure a guaranteed profit.
The calculator automatically converts fractional or US prices to exchange-friendly decimals.
Enter one stake value.
Enter Lay Stake for trades on a
price rise or if there is a constraint (liquidity etc) on your Lay bet in a Back/Lay arb.
Enter Back Stake for trades on
a price fall or if there is a constraint (liquidity, max stake limit etc) on your Back bet in a Back/Lay arb.
Enter Total Stake to specify how much you want to spend on a Back/Lay arb or on a cross-market trade.
Enter Total Stake to specify how much you want to spend on a Back/Lay arb or on a same-market trade on a price rise.
If you enter two stake values, the first value will be cancelled (reset to 0.00).
Back and Lay selection on same exchange
Select for same-market bets (placing both bets on the same market on the same exchanghe).
Clear for cross-market bets (different exchanges or exchange + bookmaker).
This setting determines whether commmission is applied to each indiviual bet (cross-market) or to the market profit (same-market).
Enter the applicable commission rate(s) on your bets.
The default Commission for Lay bets is 5.00%.
Press Calculate to view the stake(s) required to win the same Net
Profit whatever the result.
Back Bet Profit and Lay Bet
Profit show the profits from each of the two bets.
Commission Paid shows the commission
deducted by the betting exchange.
Yield is obtained by dividing the Net Profit by the Total Stake and indicates the profitability of the trade or arb.