Qualifying Bet: Place a back bet at the bookmaker and a lay bet at the exchange. The calculator finds the lay stake that equalises both outcomes - the small net loss is what you pay to earn the free bet.
Free Bet: Convert a bookmaker free bet into cash. Lay the selection so you profit the same amount whether it wins or loses. SNR (stake not returned) is the most common type.
Risk-Free Bet: The bookmaker refunds your stake as a free bet if your selection loses. Lay the selection to lock in the same profit either way - the formula folds in the expected free bet conversion value so both outcomes pay the same.
Free Bet Type
Lay Stake-
Exchange Liability-
Qualifying Loss-
Log Offer Result
Record your profit and expected value
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