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    Free tool

    Lay bet calculator

    Hedge a bookie bet at the exchange, with commission.

    Your bet

    Enter the back bet you're placing at the bookmaker and the lay odds available at the exchange.

    Your own cash at the bookmaker. The lay keeps your loss as small as possible either way.

    $
    50
    0
    0
    5
    %

    What to lay

    Place this lay at the exchange and your result is the same whichever way the bet goes.

    Fill in your bet details to see the lay stake.

    How it works

    • Lay stake = back stake × back odds ÷ (lay odds − commission rate) for a cash bet.
    • Liability = lay stake × (lay odds − 1) — what the exchange holds.
    • The result is the same whichever way the race goes.

    Betting involves risk. Bookmakers can restrict or close accounts and void bets, automation can fail, prices move, and a positive expected value (+EV) bet can still lose. Promotions carry each bookmaker's own terms. There is no guarantee of profit. See responsible gambling for limits and support.

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    By the B337 team. Last updated 8 October 2026.

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    B337 is software, not a bookmaker or wagering service provider. Bets are placed in accounts you hold with Australian bookmakers. Bookmaker names are trade marks of their owners; B337 is not affiliated with or endorsed by them. Bookmaker terms may restrict automated betting.

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