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Surebet & Arbitrage Calculator

Enter the best odds for every outcome and one total stake. Get each bet, your arb margin and guaranteed profit when implied probability is below 100%.

2-way: win/lose (e.g. tennis). 3-way: win/draw/lose (e.g. football). 4-way and 5-way: outright markets like correct score or top-4 finish.

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How to read your result

  • An implied probability under 100% is an arb. The gap below 100% is your locked-in margin.
  • Each stake is sized so every outcome returns the same total. Copy each one straight across to the matching bookmaker.
  • Place the least-liquid leg first: odds move and the window can close in seconds.

Skip the manual scanning

Finding surebets by hand across dozens of bookmakers is slow. The Oddsmatcher scans 30+ bookmakers in real time and surfaces every live arb for you.

See how the Oddsmatcher works

How It Works

What is a Surebet?

A surebet (or arbitrage bet) is a betting strategy that guarantees profit by exploiting differences in odds across multiple bookmakers. By betting on all possible outcomes, you ensure a profit regardless of the result.

Example: Bookmaker A offers 2.10 for Team X to win, while Bookmaker B offers 2.10 for Team Y to win. By betting on both, you guarantee profit.

How to Identify Surebets

A surebet exists when the sum of the inverse odds is less than 1:

(1 / Odds1) + (1 / Odds2) < 1.00

Example: Odds of 2.15 and 2.15 → (1/2.15) + (1/2.15) = 0.93 → Surebet.

Stake Calculation

The calculator distributes your total stake proportionally to guarantee equal profit on all outcomes:

Stake = (Total Stake / Sum of Inverse Odds) × (1 / Individual Odds)

Important Considerations

  • Quick execution: Odds can change rapidly. Place all bets as quickly as possible.
  • Account limits: Bookmakers may limit your account if they detect arbitrage betting.
  • Rounding: Round your stakes appropriately. The calculator shows 2 decimal places.
  • Commissions: Factor in any exchange commissions or fees when calculating.

A surebet calculator splits one total stake across every outcome and shows the arbitrage margin before you bet. Enter 2 to 5 prices in decimal, American or fractional format. When their combined implied probability is below 100%, the tool returns each exact bet and the same guaranteed profit whichever outcome wins.

Enter the best odds for each outcome from different bookmakers, in decimal, American, or fractional format, set your total stake, and the calculator returns the stake per outcome, the arbitrage percentage, and your guaranteed profit.

How to Use the Surebet Calculator

  1. 1
    Select number of outcomes and odds format, 2-way (win/lose), 3-way (win/draw/lose), 4-way, or 5-way, in decimal, American, or fractional odds.
  2. 2
    Enter the best odds for each outcome, from different bookmakers, in whichever format your bookmaker shows. Example: Home win at 2.10 (Bet365), Away win at 2.05 (Betway).
  3. 3
    Enter your total stake, the combined amount you are prepared to bet across all outcomes.
  4. 4
    Check the result, if the arbitrage percentage is below 100%, place the recommended stake at each bookmaker immediately. Odds change fast.

The Surebet Formula: A Worked Example

You need to cover all outcomes at different bookmakers. To check for an arb, calculate the implied probability for each odds and sum them:

Implied probability formula

Implied probability = 1 ÷ Decimal odds

Example: 2-way match

Home win @ 2.10: 1 ÷ 2.10 = 47.6%

Away win @ 2.05: 1 ÷ 2.05 = 48.8%

Total = 47.6% + 48.8% = 96.4% → Arbitrage exists. Margin = 3.6%.

Stake per outcome

Stake for outcome = (Total stake × Implied prob) ÷ Total arb %

With €200 total: Home stake = (200 × 0.476) ÷ 0.964 = €98.75. Away stake = €101.25.

Guaranteed return: €98.75 × 2.10 = €207.38 or €101.25 × 2.05 = €207.56. Profit ≈ €7.45 regardless of result.

Common Mistakes That Turn Surebets Into Losses

  • Odds change before you place all legs. Surebet windows can close in seconds. Place the less liquid leg first to avoid being half-exposed.
  • Betting on different markets at each bookmaker. Both bookmakers must settle the same event under the same rules. Asian handicap at one and 1X2 at another is not a surebet.
  • Ignoring withdrawal and deposit fees. A 2% arb margin disappears if your bookmaker charges a 2% withdrawal fee. Factor all costs before placing.
  • Using maximum stake at one bookmaker repeatedly. Consistent maximum bets on arb opportunities is one of the fastest ways to get your account restricted or closed.

Frequently Asked Questions

Is arbitrage betting legal?

Yes, arbitrage betting is legal everywhere sports betting itself is legal. You are placing normal bets with different bookmakers, not exploiting any loophole in the law. The risk is contractual, not legal: bookmakers can still limit or close your account for arbitrage activity under their own terms of service.

How does a surebet work?

A surebet works by placing bets on every possible outcome of an event at different bookmakers, using odds where the combined implied probability falls below 100%. Because all outcomes are covered, one bet always wins, and the payout from that bet covers every stake plus a guaranteed profit.

How much can you make from surebets?

Surebet returns come from the margin, not a fixed income. Typical arbitrage margins run 1-5% of your total stake per opportunity: a 2% margin returns 2% of your stake as profit, guaranteed regardless of the result. Margins above 5% are rare and usually vanish within minutes as bookmakers move their odds.

Can you get banned for arbitrage betting?

Yes, bookmakers can and do restrict or close accounts that show consistent arbitrage patterns, since arbing carries no risk for the bettor and guarantees a loss for the book. Varying stakes, avoiding round numbers, and mixing in occasional recreational bets slows detection. A matched betting strategy alongside surebets reduces account exposure risk.

Can I use this calculator for 3-way, 4-way, or 5-way markets?

Yes. Select 3, 4, or 5 outcomes and enter the best odds for each from different bookmakers, for example home win, draw, and away win in a 3-way football market. The formula is the same for any outcome count: the sum of implied probabilities must fall below 100% for an arb to exist.

How is a surebet different from matched betting?

Arbitrage uses odds discrepancies between bookmakers. Matched betting uses bookmaker free bets and promotions, laying off risk on an exchange. Both guarantee profit but require different tools and account types.

Is arbitrage betting profitable?

Per trade, yes: a verified surebet locks in a guaranteed 1-5% return no matter the result. Staying profitable over months is a different question. Bookmakers gradually restrict accounts that show repeated arbing patterns, so the stake you can safely place per account shrinks over time, and running enough accounts to keep finding fresh margin takes real hours every week. Treat it as bankroll protection with modest, capped upside, not a full-time income.

Can I run a surebet with a betting exchange leg and commission?

Yes, but adjust the odds first. Exchange commission is charged on net winnings, not on the price you see, so entering the raw exchange odds overstates your edge. Effective odds = 1 + (exchange odds - 1) × (1 - commission rate). At 3.00 odds with 2% commission that is 1 + (2.00 × 0.98) = 2.96, so enter 2.96 as the odds for that outcome. The Exchange Commission Calculator works out the effective odds for you first.

Can I use a free bet as one leg of a surebet?

Only if you adjust the odds first. A stake-not-returned (SNR) free bet only pays the winnings, not the stake, so its effective decimal odds for arbitrage math are (odds - 1), not the full price. Entering the raw free bet odds here overstates how much you need staked on the other outcomes. For the exact stake-by-stake numbers on SNR and stake-returned (SR) free bets, use the Matched Betting Calculator instead.

Do I need to download an app for this calculator?

No. This calculator runs entirely in your browser: there is nothing to install, and your odds and stakes are never sent to a server. Every stake, profit and arbitrage percentage updates locally on this page as you type.

Finding surebets manually across dozens of bookmakers is time-consuming. The Oddsmatcher scans for the best available odds automatically so you can focus on placing the bets.

Rates reviewed by Erik Andersson in July 2026. How we estimate.

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