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Free tool

Arbitrage
Calculator

Enter both sides of a two-way market and a total stake. We split the stake so the payout is the same either way.

Questions, answered

Does this find arbitrage opportunities?+

No. You enter both prices yourself. The calculator only splits a stake and shows whether those prices return more or less than the total stake.

Why can the result be a loss?+

Most two-way pairs include sportsbook margin. The equal-payout split can lock a loss when the two prices do not clear that margin.

Are real arbitrages easy to use?+

No. They are rare, move fast, and can lead to account limits. Always check rules, timing, and maximum stakes.

Stake side A
$50.00
@ +120
Stake side B
$50.00
@ +120
Same return
$110.00
before total stake
Guaranteed profit
+$10.00
+10.00%

These two entered prices return more than the total stake after the split. Real arbitrages are rare, vanish fast, and can get accounts limited. 21+ · Bet responsibly

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How it works

  • The calculator converts each price to decimal odds and equalizes the payout.
  • Stake on each side = equal return ÷ that side's decimal odds.
  • If the equal return is below the total stake, the result is a locked loss.

The honest explainer

What an arb actually is

When two books disagree enough, the two sides' implied probabilities sum to less than 100%, and a split stake locks the gap as guaranteed profit. The math is real and this calculator does it exactly.

The math is also the easy part. Arbitrage is an operations problem — getting both legs down at quoted prices, at sufficient size, repeatedly — and the operational risks are what the calculator cannot see.

Worked example

+110 at book A, −102 at book B: implied 47.6% + 50.5% = 98.1%. Splitting $1,000 proportionally ($485 on A, $515 on B) returns about $1,019 whichever side wins — a locked ~1.9%. Note the shape: hundreds of dollars exposed, two books, one game, nineteen dollars earned.

When NOT to use it

  • When one leg can die: a voided bet, a max-bet clamp mid-arb, or a line move leaves you naked on the other side at full stake.
  • Across books with different settlement rules — overtime, pushes, player-DNP grading — 'both sides' can quietly become 'neither side.'
  • As a business plan without reading the guide below: books identify and limit arb patterns quickly. The math survives; accounts often don't.

The part the paid-tool ads leave out: You will get limited — read the honest guide →