Free price allocation tool

Sports betting arbitrage calculator

Check whether two opposite prices form a mathematical arbitrage and estimate the stake allocation that equalizes the payout.

For a two-outcome market only. Both prices must refer to mutually exclusive, collectively exhaustive outcomes under matching settlement rules.

Combined implied probability95.24%
Stake on outcome 1$500.00
Stake on outcome 2$500.00
Estimated profit+$50.00

A number below 100% indicates a mathematical two-way arbitrage before limits, rounding, movement, void rules, and account restrictions.

What the result means

Use the number as an estimate

A two-way arbitrage exists when the prices’ combined implied probability is below 100%. Allocating stake in proportion to each outcome’s implied probability produces the same theoretical gross return on either result.

FormulaArbitrage index = (1 ÷ decimal odds 1) + (1 ÷ decimal odds 2)

+110 on both opposite outcomes implies 47.62% + 47.62% = 95.24%. Splitting a $1,000 total stake evenly produces about $1,050 back, or $50 before execution costs.

How to use it

Check the inputs before the output

  1. 01

    Verify the outcomes are mutually exclusive and cover every possible result.

  2. 02

    Enter the exact prices and total amount you can place across both sides.

  3. 03

    Review the index, stakes, and minimum theoretical result, then account for rounding and limits.

Important limits

What the calculator cannot verify

  • A theoretical arbitrage is not operationally risk-free.
  • Line movement, rejected stakes, void rules, and palpable-error clauses can leave one side exposed.
  • Never assume two similarly named markets settle identically.

More free tools

Continue the calculation