Calculator Back and Lay: useful tool for Betting Exchange
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Calculator Back and Lay (Betting Exchange)

Betting type: Back

Back is a bet very similar to the traditional one (1 x 2). The only thing that changes is the fact that you are NOT betting against a bookmaker, but against another user.
To calculate the profit you must multiply the odd with the stake and after you have tu substract the stake.
Remember that the bookmaker has a commission of %. Your real profit is ...

Betting type: Lay

This type of bet turns players into a real bookmaker. You choose the odds and how much you want to win (Profit) and we calculate your liability (how much you can lose).
Remember that the bookmaker has a commission of %. Your real profit is ...

Betting type: Back & Lay

You can Back & Lay in the same time on the same match. In this case only one of the bets will win, but how much will you still earn?
If the bet Back is winner
If the bet Lay is winner

The bookmaker's commission:

Bookmakers Logo Commissions Language
1 Betfair 5%
2 Betflag 0%
3 WBX 3-5%
4 Betdaq 3%
5 Matchbook 1%
6 Smarkets 2%
7 Bettor 1,5-5%
8 Oddsfutures 1$ + 2-5%
9 Betliner 0%
10 Ladbroker 2-5%%
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