Arbitrage Bet Calculator

stevemac

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Hope someone finds this excel file useful.
This is set up for three possible outcomes (typically for football).

Type in the total stake you wish to spend in H4.

Only the odds cells require filling in for the possible outcomes (note. the odds are in decimal format therefore 2/1 would be written as 3.0 etc.)

The calculator will then calculate the stake required on each outcome and the total return on these outcomes.

The Back is for standard betting.
Lay is for if you are taking the bookies role.

If you don't understand this fully then I would recommend that you don't try and use this.

View attachment 17315

This is just for fun, I take no responsibility for any losses that you may incur.

ENJOY!!!!
 
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