Free Bet (SNR)
Bet History Log
Cumulative Profit
| Status | Date | Type | Event | Bookmaker | Exchange | Back Stake | Lay Stake | Liability | Profit/Loss | Actions |
|---|
Funds Management
Total Deposits
£0.00
Total Withdrawals
£0.00
Total Commission Paid
£0.00
Accounts Summary
Manage Accounts
Transaction Ledger
| Date | Account | Type | Amount | Notes | Running Balance | Actions |
|---|
User Settings
Data Management
Data Storage Warning
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Reminders
Help & Getting Started
Matched betting is a proven technique to profit from the free bets and promotions offered by bookmakers. It is considered risk-free because you intelligently cover all possible outcomes of an event.
You do this by placing two opposite bets:
- A Back Bet with a bookmaker (e.g., "I bet Team A will win").
- A Lay Bet on a betting exchange (e.g., "I bet Team A will not win").
By covering all outcomes, you can complete a "qualifying bet" for a tiny, calculated loss (usually just a few pence). Think of this as using a small key to unlock a much more valuable prize: the bookmaker's free bet. You then repeat the process with the free bet to lock in a guaranteed profit.
Back Bet: A normal bet placed at a bookmaker for an outcome to happen.
Lay Bet: A bet on an exchange against an outcome. This is your secret weapon, as it covers the opposite results (a loss or a draw).
Back Stake: The amount of money for your back bet. For a free bet, this is the value of the free bet token.
Lay Stake: The exact amount this calculator tells you to bet on the exchange to perfectly balance your back bet.
Liability: The amount of money needed in your exchange account to cover the lay bet if it loses. This might seem scary, but it's just your money moving from the exchange to the bookmaker. The calculator works this out for you, and your overall profit is guaranteed.
Commission: The small fee (usually 0-5%) that exchanges charge on your winnings. This is factored into all calculations automatically.
Free Bet (SNR): "Stake Not Returned." The most common free bet. You only keep the profit from the winning bet, not the free bet amount itself.
Free Bet (SR): "Stake Returned." Rare and valuable. You keep the profit AND get the value of the free bet back.
Step 1: The Qualifying Bet - Unlocking the Offer
Select the Qualifying calculator mode. Enter your Back Stake (e.g., £10), the Back Odds from the bookmaker, and the Lay Odds from the exchange. Find odds that are close together for the lowest loss. The calculator shows your required Lay Stake. Place your back bet and lay bet, then click Save Bet and give it a name. You have now unlocked your free bet for a small, controlled loss (e.g., -£0.50).
Step 2: The Profit Bet - Using the Free Bet
Now, select the Free Bet (SNR) calculator mode. Your Back Stake is now the value of the free bet you just earned (e.g., £10). Find a new event with higher odds (e.g., above 4.0) to maximize your profit. Enter the new Back Odds and Lay Odds. The calculator again tells you the required Lay Stake. Place your bets and Save the new bet.
Step 3: Settle & Track Your Profit
Go to the Bet History tab. Once your events have finished, find the bet and click Settle, then choose whether the Back or Lay bet won. This is where the magic happens. The app updates the bet's status to "Settled", records your guaranteed profit, and automatically updates your account balances in the Funds tab. No more manual spreadsheets!
Edit Bets: Made a mistake? In the Bet History tab, you can click "Edit Bets" to directly modify the details of any bet in the table.
Funds Hub: The Funds tab gives you a complete, automated financial ledger. You can also add deposits and withdrawals to track your total bankroll.
Data Management: In the Settings tab, you can export all your data for backup or import it to a new device.
Customization: Set your default stake, commission rate, and more in the Settings tab to speed up your workflow.
Reminders: Never miss an expiry date. Set date and time reminders for your free bets.