Betting Toolkit
A collection of free calculators and analysis tools for betting, trading and bankroll management. Use them to check prices, compare staking options, assess value and understand the risk behind a betting strategy.
The toolkit covers everyday calculations such as odds conversion and hedging as well as more detailed tools for variance, football pricing, exchange trading and performance analysis.
Core Calculators
Odds Conversion
Convert Decimal, Fractional, and American (Moneyline) odds.
Bet Calculator
Calculate returns, profits, each-way bets, accumulators, and more
Dutching Calculator
Split a fixed stake across multiple outcomes to guarantee equal profit.
Arbitrage Calculator
Distribute stakes across bookmakers for guaranteed profit.
Matched Betting Calculator
Back/Lay stake calculator with options for free bets and commission.
Hedging Calculator
Calculate required stakes for hedging equal profits
Staking And Bankroll
Kelly Criterion Calculator
Optimal stake calculation using Kelly formula.
Kelly Simultaneous Optimizer
AdvancedCalculate joint optimal stakes for multiple concurrent events.
Staking Plan Simulator
Simulate X bets using flat, Kelly, Martingale, etc.
Probability Simulator
AdvancedSimulate long-term results based on win rate and odds.
Simplified Variance Estimator
Estimate the likely range of profit/loss due to variance over X bets.
Value And Edge
Expected Value Calculator
Calculate expected value per bet using odds and win %.
True Odds Calculator
Remove bookmaker margin to find fair odds.
Overround Calculator
Calculate bookmaker's overround from listed odds.
Implied Probability Converter
Convert odds to probability, with/without margin.
Horse Racing
Each-Way Value Calculator
Evaluate if an each-way bet has value.
Place Odds Calculator
Break down win and place returns from each-way bets.
Football
Poisson Pricing Model
AdvancedGenerate true odds for Scoreline and Over/Under markets.
Asian Handicap Splitter
Break down split-handicap stakes and potential returns.
Draw No Bet Calculator
Calculate stakes to replicate DNB using 1X2 markets.
Exchange And Trading
Tick Value Converter
Convert tick movement into % and cash value.
Market Making Margin Calculator
Calculate margin when placing both back and lay bets.
Partial Hedge Calculator
Lock in specific profit amounts while leaving upside on the table.
Market Weight Analysis
AdvancedAnalyze Back/Lay volume ratios to predict price pressure.
Advanced And Niche
Goal Time Calculator
AdvancedConvert goal odds into expected goal time.
Betting Results Analyser
AdvancedAnalyse historical betting results
Closing Line Value Tracker
AdvancedMeasure your edge against the final market price.
Risk Of Ruin Calculator
Probability of losing your bankroll based on current strategy.
Drawdown Intensity Simulator
AdvancedSimulate the depth and duration of potential losing streaks.
Synthetic Odds Maker
AdvancedConvert your own power rankings into fair market odds.
A Note On The Calculations
These tools are designed to help with calculation and analysis. Their results depend on the figures and assumptions you provide and should not be treated as a guarantee of profit or future performance.