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Close out calculator

This calculator will work out how much you need to stake to take profit (or minimise a loss) on an open betting position. For example, if you have backed a particular selection and the odds have shortened, you may wish to lock in a profit by laying the same selection. The amount you lay will depend on your objective. It is suited to both long term and short term odds trading on the betting exchanges.

Complete the white boxes and select type to calculate closing stake and show win or lose profit/loss. Odds must be in decimal format.

Close out calculator
 
Opening odds   Closing odds
Opening stake   Type:  A   B   C
Back Lay A: same profit/loss win or lose
B: profit/loss only if win
C: profit/loss only if lose
   
  Closing stake
Profit/loss if win
Profit/loss if lose

If you get an error showing 'NaN' it means that one of your inputs was not recognised as a number.

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