Bet Arbitrage Calculator – How It Works (User Guide)

✅ What Is Betting Arbitrage?

Bet arbitrage is a betting strategy where you place bets on all possible outcomes of an event across different odds, such that:

• You guarantee a profit, regardless of the result
  OR

• You clearly see the expected loss, allowing you to decide if the risk is worth it

The calculator does all the math for you instantly.

🧮 What This Calculator Does

• Detects arbitrage opportunities

• Calculates exact stake amounts per outcome

• Shows guaranteed profit or expected loss

• Supports 3+ outcomes (e.g., football matches)

• Uses Nigerian Naira (₦) by default

• Displays results clearly for both profit and risky bets

🪜 Step-by-Step Tutorial: How to Use the Calculator

Step 1: Select Your Currency

At the top of the calculator, choose your preferred currency:

• ₦ Nigerian Naira (default)

• $ USD

• € Euro

• £ Pound

This ensures all calculations match your bankroll.

Step 2: Enter the Odds

You will see outcome fields labeled:

• Home

• Draw

• Away

👉 Enter the decimal odds from bookmakers.

Example:

• Home: 2.10

• Draw: 3.20

• Away: 3.10

📌 Decimal odds only (not fractional or American odds).

Step 3: Add More Outcomes (Optional)

For markets with more than 3 outcomes:

• Click “+ Add Outcome”

• Enter the additional odds (e.g., 2.40, 4.50)

The calculator supports up to 5 outcomes.

Step 4: Enter Your Total Stake

This is the total amount of money you want to invest, not per outcome.

Example:

• Total Stake: 1000

The calculator will split this amount intelligently across all outcomes.

Step 5: Click “Calculate”

Once clicked, the calculator will instantly show:

• Whether it is an Arbitrage Opportunity ✅
  or

• A Risky Bet (Expected Loss) ⚠️

📈 Understanding the Results

✅ If It Shows Arbitrage Opportunity

This means:

• The odds are favorable

• You are guaranteed profit

• The calculator shows:

  • How much to bet on each outcome

  • Your minimum guaranteed return

  • Your total profit and profit percentage

Example Result:

No matter the match result, you profit.

⚠️ If It Shows Risky Bet (Expected Loss)

This means:

• There is no arbitrage

• The calculator still:

  • Distributes stakes optimally

  • Shows the minimum possible return

  • Displays the expected loss as a negative number

Example Result:

This helps you:

• Avoid bad bets

• Decide if the risk is acceptable

• Compare markets intelligently

📌 This is far better than guessing.

🔁 Using the Reset Button

Instead of refreshing your browser:

• Click Reset

• All fields are cleared

• Default placeholders return

• Added outcomes are removed

This gives you a fast, smooth workflow.