2-Way Arbitrage Betting Calculator
Copyright @ Amabets.com
What is an 2-Way Arbitrage Betting Calculator
This script is an 2-Way Arbitrage Betting Calculator designed to help users determine how to distribute their bets across two outcomes to guarantee a profit, regardless of the result. We explained the whole arbitrage betting strategy in this article. But also, here’s a breakdown of how it works and what arbitrage betting means:
How the Arbitrage Betting Calculator Works :
First, choose your odd format ! The Default is set on Decimal odds (most used).
Second, you can choose if you use :
- – Total stake (accumulated on both bookmakers where you want to place the bets)
- – Or Fixed Stake on Your Main Used Bookmaker (To Avoid Limitations)
Inputs:
Odds 1 & Odds 2: The odds for the two outcomes (e.g., Team A win vs. Team B win) from different bookmakers.
Total Stake: The total amount you want to invest across both bets. Or, if you selected FIXED Stake on the main bookmaker, enter your desired fixed stake.Â
Calculations:
Stake 1 & Stake 2: The calculator splits your total stake between the two outcomes using the formula:
Stake 1 = (Total Stake × Odds 2) / (Odds 1 + Odds 2) Stake 2 = (Total Stake × Odds 1) / (Odds 1 + Odds 2)
Total Payout: The amount you win, which is the same regardless of the outcome (e.g., Stake 1 × Odds 1
 or Stake 2 × Odds 2
).
Profit:Â Total Payout - Total Stake
.
ROI: Profit as a percentage of your total stake ((Profit / Total Stake) × 100
).
Color Coding:
Green: Profit ≥ 0 (arbitrage opportunity exists).
Red: Profit < 0 (no arbitrage; avoid betting).
Example
Odds 1 = 2.0, Odds 2 = 2.1, Total Stake = $100:
Stake 1 =Â 51.22,Stake2=51.22,Stake2=48.78
Payout = $102.44 (for either outcome)
Profit = $2.44 (ROI = 2.44%)
Key Notes for Users
Requirements:
Odds must come from different bookmakers.
The formula only works if (1/Odds 1 + 1/Odds 2) < 1
 (the calculator does not check this automatically).
Use Case: This tool helps you calculate stakes once you’ve found suitable odds.
How to Use the 2-Way Arbitrage Betting Calculator
- Enter the two odds from different bookmakers.
- Input your total stake.
- The results will show how much to bet on each outcome, your guaranteed payout, profit, and ROI.
By following these steps, you can lock in a risk-free profit if the odds meet arbitrage conditions. Always verify the calculations and ensure the implied probabilities are favorable!
Switch to 3-Way Arbitrage Betting Calculator