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Free Betting Calculators

Start with the matched betting calculator below: work out lay stakes, exchange liability and locked-in returns for qualifying bets and free bets with exchange commission included.

Free Betting Calculators

Work out lay stakes, liability and returns for qualifying bets and free bets, with exchange commission included. Switch calculators to test 2Up early payout scenarios, convert between decimal, fractional and American odds, or calculate expected value (+EV) and Kelly staking for value betting.

Dedicated Calculators

Track your profit, CLV & ROI automatically in one tap — Start free.

Create a free ProfitPanda account to log your bets directly from calculators, track your real performance against the closing line, and bank more profit.

Calculator help

Matched betting

Back stake: the amount placed with the bookmaker. Enter decimal odds for the same selection at the bookmaker and exchange.

Commission: your exchange’s rate. Liability: the balance needed to cover your lay bet.

Staking modes: Standard balances both outcomes equally. Underlay aims for £0 loss if the bookmaker back bet wins. Overlay aims for £0 loss if the exchange lay bet wins.

Read the matched betting guide ↗