## Matched Betting Calculator Introduction

The Matched betting calculator USA is designed for completing matched betting offers in the United States. As a result the calculator uses American moneyline odds (i.e. +100, -110 etc).

If you have an offer where you only get a free bet if your bet loses (or wins) you need to use our Risk Free Bet Calculator USA.

New to Matched Betting? First, learn how to use this calculator to profit from the sportsbooks in my Free Matched Betting Guide.

## How does the Matched Betting Calculator USA Work?

This calculator is used for Bet $X Get $Y Offers. For example, bet $100 and get a $100 free bet. The calculator can be used for both normal bets and free bets.

The calculator preforms a dutching calculation to work out how much money we would need to place on a opposing outcome to profit or lose the same amount across both bets.

For example, If we place a $100 bet on New York Yankee’s at +150 odds to beat the Boston Red Sox. Consequently, in order to have an equal profit or loss no matter which team wins. **How much would we have to place on Boston Red Sox if the odds were -160?**

**With this in mind** **let’s use the calculator to work it out**!

#### 1. Select our Bet Type:

First, we select our bet type. In this case let’s assume we’re just placing a normal qualifier bet. At the top of the calculator we want to ensure that the ‘Qualifier Bet’ option is toggled like the image below.

#### 2. Enter our Bet Stake:

Next, we need to enter the **Bet Stake** of the bet we are intending to place. In this case it’s **$100** that we’re placing on the New York Yankees. **Enter $100 into the Bet Stake box** like the image below.

#### 3. Enter Our Odds and Find Our Hedge Stake:

Below the bet stake box we have the betting odds section. This is were we will enter the odds of both teams (or outcomes). The bet stake required for both outcomes will be displayed in the box on the right hand side of the calculator. Enter the odds for New York Yankees at **+150 in the Outcome One Odds** box and enter the odds for Boston Red Sox at **-160 in the Outcome Two Odds** box.

Consequently, after entering the odds into the calculator we now have two dollar amounts on the right hand side of the calculator. Our $100 placed on the Outcome One (New York Yankees) and the amount we need to place as a hedge bet on Outcome Two (Boston Red Sox). **The amount in this case is $153.85**.

#### 4. View the Outcomes of Our Bets:

In addition to the bet stakes that are now displayed on the right hand side. Below this, At the bottom of the calculator we see the total profit / loss we will make and a breakdown of the profit or loss of each bet for each potential outcome winning. In this case we make a qualify loss of -$3.85 no matter which team wins.

#### 5. Repeat the Process for a Free Bet:

Following on from placing most qualifier bets we will get given a free bet. In order to convert the free bet into a cash profit we need to use the calculator again. We use the exactly the same as before.

Except, this time we will change the Bet Type from Qualifier Bet to Free Bet. You can do this by clicking on the circle beside the Free Bet label to move the toggle. The calculator should look like the image below:

## Where Can I Find Offers to Use With This Calculator?

I have a Matched Betting USA Hub where I collect all of the current offers available in each state offering legal sports betting.

Alternatively, If your state doesn’t yet allow sports betting yet you can sign up for our email notifications. In order to get notified as soon as you can start matched betting in your state.

### Understanding the Math Behind the Calculator

If you are a math geek and want to understand the math that powers the calculator.

The calculator uses a technique called Dutching or Dutch Betting which is sports betting jargon for placing bets on all outcome to get an equal profit.

I have written an article detailing the formulas and concepts used by the Matched Betting Calculator in my article below. Click the button to read the article

**One last thing!** If you found this calculator useful can you do me a favor and share it? It helps me invest in creating better calculators and software tools whilst keeping everything free!

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