Calculate the optimal lay stake to convert free bets into guaranteed cash
Place your $50.00 free bet at the bookmaker on any selection at odds of 5.00
Lay the same selection at the exchange for $38.61 at odds of 5.20
Regardless of outcome, you profit $37.84
| Scenario | Back Result | Lay Result | |
|---|---|---|---|
| Back Wins | +$200.00 | -$162.16 | $37.84 |
| Lay Wins | $0.00 | +$37.84 | $37.84 |
Ensure the back and lay odds are for the same selection in the same market. Place both bets simultaneously to avoid odds movement. You need sufficient funds in your exchange account to cover the lay liability.