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Matched Betting Tools and Calculators: The Essentials

Written by Chris Allen | Jan 11, 2023 3:41:00 PM

ProfitDuel is brought to you by the team behind OddsMonkey, the original and best matched betting service. We've assisted 400,000+ people globally to maximize earnings through Matched Betting, providing an incredible range of features.

One of the main advantages of using ProfitDuel is access to our range of awesome Matched Betting Tools and Calculators.

ProfitDuel's free Matched Betting Calculator is available to everyone, but members also get access to a number of additional tools. We design these to make your Matched Betting as quick and simple as possible, while also maximizing your profits.

In this guide, we'll give you a quick rundown of some of our amazing range of Matched Betting Tools.

 

Free Bet Conversion Calculator

The Matched Betting Calculator (also known as the Free Bet Conversion Calculator) is where all Matched Bettors will start out and it's often the most essential tool.

It lets us figure out how much to back and lay to make our bets risk-free.

You can set enter a number of variables, like your odds format (American or decimal), your free play amount (the promo amount), the free play line and the hedge line. The calculator will then tell you how much to place on your hedge bet and how much profit or loss you will make.

 

Odds Converter

You may or may not be aware that a range of different odds types can be used by different sportsbooks, markets and locations. The three most popular are American odds, decimal odds and fractional odds.

These all have the same purpose of implying the returns you'll get from a particular wager, but they're just different ways of displaying that.

That's where the Odds Converter comes in. The Odds Converter lets you enter any odds you may see on any online sportsbook, and instantly converts them to the equivalent across the three most popular odds types. 

Whether you're a total beginner or a matched betting veteran, this can help you easily compare odds across different sportsbooks and ensure you don't make any mistakes when entering odds and stakes. 

 

Dutch Calculator

The Dutch Calculator is another fantastic tool that we offer for Matched Bettors. It's perfect for those who want to take their betting strategy to the next level. With the Dutch Calculator, you can easily calculate the optimal stakes for multiple bets in order to maximize your profits.

This tool is particularly useful when there are multiple selections in a single event. The Dutch Calculator allows you to spread your bets on multiple outcomes. This means that you can make a profit no matter which selection wins. Instead of betting on just one outcome, you have the opportunity to diversify your bets.

Using the Dutch Calculator is simple. You just need to input the odds for each selection, and the calculator will do all the hard work for you. It will calculate the stake for each bet, taking into account the odds and the desired profit. This way, you can easily see how much to bet on each selection to achieve your desired outcome.

Not only does the Dutch Calculator save you time and effort, but it also helps you minimize your risk. By diversifying your bets, you decrease the risk of losing all your money in case one choice doesn't win. It's a smart and strategic approach to matched betting.

In addition to the basic features, the Dutch Calculator also offers advanced options for more experienced bettors. You can adjust the stake distribution, set maximum and minimum stakes, and even factor in the commission fees. This level of customization allows you to tailor your betting strategy to your specific needs and preferences.

The Dutch Calculator is useful for both beginners and experienced matched bettors, improving your betting experience. It takes the guesswork out of calculating stakes and ensures that you're making the most of every opportunity. So why not give it a try and see how it can boost your profits?

 

Dutch Matcher

The Dutch Matcher finds and compares betting odds from many sportsbooks and a betting exchange. It is an amazing tool for matched bettors, saving a huge amount of time and maximising your matched betting profits.

This allows you to instantly see the very best matched betting opportunities available. With our Dutch Matcher, you can minimise your losses from qualifying bets, and extract as much profit as possible from free bets. Minimum effort and maximum profits.

The Dutch Matcher comes with a host of excellent features, including an integrated calculator, betting exchange connectivity, and handy filters.

 

Offers Calendar

The sportsbooks love dishing out offers to their existing customers, and we love helping you turn them into profit! In our Offers Calendar, you'll find all the very best Matched Betting reload offers in one place, including profit boosts.

We update the Offers Calendar throughout the day, 7 days a week. We consistently post more offers than any other service, and when we do post them, we post them faster.

The platform displays all offers in a user-friendly format and provides useful tools to help you track your progress.

 

Profit Tracker

Our team designed our advanced Profit Tracking software to replace the need for a traditional Matched Betting spreadsheet.

The Profit Tracker is a built-in tool that helps you monitor your Matched Betting profits and bankroll.

The Profit Tracker is easy to use. It has filters and sorting options that are super helpful. It also allows you to view your results as a graph so you can track your profits and performance over time.

Want Access To All Of These Amazing Tools, And More?!

Our incredible range of tools and features are available exclusively to our Premium Members.

If you’re new to matched betting, then try ProfitDuel Premium for half the price in your first month.