Matched Bet Calculator for NZ Bettors

What is Matched Betting Calculators in Kiwi Sports Betting?

A matched bet calculator is invaluable for punters engaging in matched betting, a strategy where you wager on all possible outcomes of an event. If betting on soccer, for instance, you can back the Under 2.5 Goals option at a bookmaker. At the same time, you can place a lay bet - bet against that outcome at a betting exchange. One of those wagers will win.

For matched betting to work, though, you must claim a free bet or a bonus. That way, you can use the free bet/bonus to back one outcome and use your own funds to lay and bet against it at a betting exchange.

To get the best results, we recommend that you use the strategy both when triggering the free bet (placing a qualifying wager) and after you have claimed the bonus. Betpack’s matched bet calculator works for both situations.

Here’s how you place a matched bet:

1. Find a betting site with a free bet/bonus.
2. Place a qualifying wager with the bookie, called a back bet, to unlock the free bet/bonus.
3. At the same time, at a betting exchange, place a lay bet to protect against the potential loss on the back bet.
4. Now that you have claimed the bonus, repeat the same process - place a back bet with the free bet and then a lay bet using your own funds at a betting exchange.
5. If all works as planned, this process will result in profit.

As you can see, even though it is pretty straightforward, matched betting is a strategy that involves several steps. Determining the ideal lay stake amount can be particularly tricky. So, a matched bet calculator that does that for you is essential. Betpack’s matched bet calculator allows you to instantly discover the lay stake required, as well as find out your potential profit.

Why Should You Use Matched Betting Calculators

The matched bet calculator is an indispensable tool for sports bettors. It allows you to capitalise on enticing matched betting opportunities as it:

• Offers precise calculations that allow you to know the exact lay stake without over or under-betting.
• Helps you minimise the potential losses on the initial qualifying bet while maximising profit on the free bet/bonus.
• Accounts for commissions and adjusts the lay stake to ensure you are profitable.
• Saves time, allowing you to claim multiple bonuses and place more matched bets.
• Reduces the risk of making mistakes while calculating manually.

Top Tips for Mastering Matched Betting Calculators in NZ

Matched betting is a strategy that, when used right, can result in profitable outcomes. However, it is essential that you find the right bookmaker and bet on carefully-selected events, as not all sports matches are suitable for matched betting. These three tips will help you use matched betting and the matched bet calculator effectively.

• Find generous bonuses: To benefit from matched betting, it is paramount that you use free bets/bonuses for back bets. The more lucrative, the better.
• Bet on close back and lay odds: Locate outcomes with similar odds to minimise the losses on your qualifying bet and maximise your profits.
• Choose exchanges with low fees: Commission fees can result in unexpected losses, so always find betting exchanges that charge low commissions.
  

Benefits of the Matched Bet Calculator for Kiwi Bettors

The significance of the matched bet calculator cannot be overstated. It is a key instrument that any bettor should use, particularly if you are thinking about utilising a matched betting strategy. These are some of the perks of using a matched bet calculator:

• Lay Stake: One of the most difficult aspects of matched betting is knowing what lay stake to use at betting exchanges. The matched bet calculator computes the exact lay stake amount instantly.
• Reduces Risk: The matched bet calculator allows you to minimise the risk on your qualifying bet, as it tells you what lay stake to use to make the likely loss insignificant.
• Profit: We are very careful not to use the “guaranteed profit” phrase but matched betting is the closest you can get to guaranteed profit, of course, if you do it right.

Conclusion

With betting sites offering competitive odds and bonuses, matched betting is now as popular as it has ever been. However, determining the ideal lay stakes required is tricky, and so is discovering the potential profit. That’s where our matched bet calculator comes in handy. It allows both new and seasoned bettors to make the most of matched betting opportunities and get accurate calculations. So, if you have found an enticing free bet, why not use Betpack’s calculator to place a matched bet on your favourite sport? From tennis and cricket to basketball and soccer, the matched bet calculator will give you the competitive edge to make informed betting decisions.