Meet David De’ Ath, founder, editor, and researcher at Match Betting Solutions. Fueled by dedication and the thirst for knowledge, David welcomes you to embark on this betting voyage with the seasoned guidance of his team to maximize wins and minimize risks.
Have you ever envisioned a betting world where your profit isn’t hinged on a mere roll of dice?
Welcome to matched betting, a realm where earning money neatly sidesteps the pitfalls of risk, effortlessly leveraging free bets and bonuses graciously showered by bookmakers.
At first glance, you might feel daunted by intricate calculations and the task of keeping track, but worry not – your route is lit with simplicity and ease!
Explore the rewarding world of matched betting with our free spreadsheet and guide! Navigate through bets and bonuses, remove the stress of complex calculations, and embark on a simplified journey to risk-free profits. Your profitable path to strategic betting starts here!
But there’s more – we’re not just handing you the keys without a map!
Also included is a practical guide, laying out step-by-step instructions on adeptly utilizing the spreadsheet.
It’s not merely about having the right tools but understanding how to wield them effectively for maximal gain.
Whether you’re a novice taking your first steps or a seasoned better exploring smarter avenues, we’ve got your back, ensuring your betting journey is profitable and uncomplicated.
Free Downloadable Matched Betting Spreadsheet
We have attached the downloadable matched betting spreadsheet for you below:
How to Use the Spreadsheet
Navigating your way through matched betting just got a whole lot easier!
Let’s keep things straightforward with our free spreadsheet:
- Event Date & Name: Input the date and name of the sporting event.
- Bookmaker: Specify the bookmaker where you’re placing your back bet.
- Bet Type: Specify whether it’s a ‘Back’ or ‘Lay’ bet.
- Odds: Enter the odds for the back bet (from the bookmaker) and the lay bet (from the exchange).
- Stake: Input the amount you’re wagering for the back and lay bets.
- Free Bet: Specify if the bet is a free bet or a qualifying bet by entering ‘Yes’ or ‘No.’
For a complete guide on how to do matched betting, click the link below!
Related Article: Step-By-Step Ultimate Guide to Matched Betting
Quick Guide: Calculating Your Bets
Dive right into the essentials of matched betting calculations with this straightforward guide.
Let’s demystify those profit/loss formulas, making them easy to use and understand.
Calculating Profit/Loss
1. Back Bet
Profit/Loss = (Odds (Back)−1) × Stake (Back) − (Odds (Lay) −1) × Stake (Lay)
Here’s what each term means:
- Odds (Back): The back bet odds offered by the bookmaker.
- Stake (Back): The amount you bet with the bookmaker.
- Odds (Lay): The lay bet odds from the betting exchange.
- Stake (Lay): The amount you’re betting against the back bet.
Simply, it’s calculating your back bet profit and subtracting the lay bet loss.
2. Lay Bet
Profit/Loss = (Odds (Lay)−1) × Stake (Lay) − (Odds (Back)−1) × Stake (Back)
Again, this subtracts potential back bet loss from lay bet profit.
Quick Example
Assuming:
- Back Bet: Odds = 2.0, Stake = $10
- Lay Bet: Odds = 2.0, Stake = $10
\text{Profit/Loss (Back Bet)} = (2.0 – 1) \times $10 – (2.0 – 1) \times $10 = $0 \text{Profit/Loss (Lay Bet)} = (2.0 – 1) \times $10 – (2.0 – 1) \times $10 = $0
In this case, both calculations show a break-even result of $0 profit/loss.
These formulas, while simple, can fast-track your matched betting journey, helping you predict outcomes and plan bets efficiently.
But if you’d like to skip the math, our free spreadsheet automates these calculations, making matched betting even easier!
Just input the details and let the spreadsheet do the work!
Odds matcher tools are crucial to successful matched betting.
Discover the BEST FREE odds matcher tools in the guide below!
Related Article: How Much Can You Make from Matched Betting: The Truth
Notes:
Optimal Lay Stake Calculation:
Finding the optimal lay stake is key to minimizing potential losses and keeping your bets as risk-free as possible.
Here’s a simple way to calculate it:
Optimal Lay Stake = Lay OddsBack Stake × Back Odds
By using this formula, you ensure an equal loss (or win) amount regardless of whether your back or lay bet comes through.
Profit Calculation Using a Free Bet:
Remember that the stake is usually not returned on winning bets when deploying a free bet.
Thus, the profit calculation morphs slightly:
Profit = (Back Odds × Free Bet Amount) − (Lay Odds × Optimal Lay Stake)
This calculation will help you determine your profit when the back bet wins, ensuring that you can effectively manage your matched betting strategy even when utilizing free bets.
And there you have it – a simplified path to making money with matched betting!
With our free spreadsheet and guide, you’re all set to navigate the world of betting easily and confidently, minimizing risk and maximizing profits.
Ready to dive in?
Your effortless journey to strategic, stress-free profits begins now.
Let’s start betting smartly and profitably together!
Please reach out if you have any questions or queries.
Have a wonderful day!
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