The Early Payout Calculator can be used to make risk-free profit from a ‘2-up offer’, where the bookmaker pays out your winnings as soon as the team you bet on goes two goals ahead, whatever the final outcome of the game at full time.

If your back bet is settled early, you won’t need your lay bet anymore, and you now have a chance to ensure profit from the unsettled lay bet.

  With this calculator, you can work out the exact back stake that you need to place with your exchange to cancel out the lay bet, in case you do not wish to use the cash-out feature (if perhaps you have other lay bets on the same market and want to keep the others), or your exchange doesn’t offer cash-outs.

To find out more about 2-up offers and how they can be played, please read our 2-up Guide and our Boom Blog Post.

The Early Payout Calculator accommodates different options of calculating your exchange back stake and potential profit, all of which will be explained in this guide.

First Look

In the screenshot below, you can see what the calculator looks like with all the details filled in.

In our example, we have placed a bet on one team to win, at odds of 3, and we placed a lay bet as normal, at odds of 3.2.  Our team has gone two goals up, and the bookmaker has paid out.

We then look up the back odds at the exchange for our team (the odds will have gone down considerably because our team is now likely to win), and we enter the exchange back odds, in this case 1.2, into the early payout section.  The calculator then calculates our ideal back stake that we should place with our exchange for equal profits whatever the outcome.

Note: our qualifying bet cannot be on a draw, it needs to be on one of the teams.

Row Items

Blue Enter Bet Details Section

Back Stake: look up the maximum amount that can be placed to qualify for this offer with the bookmaker.  If there is no maximum amount, you can choose what amount you wish to place, but keep account preservation in mind.

Back Odds: enter the bookmaker odds.

Back Commission: enter 5% if your bookmaker deducts the German betting tax.

Pink Lay Section

Lay Odds: enter the betting exchange odds for your selection.

Lay Commission: the commission charged by your betting exchange.  We are using Matchbook, so we have entered 1.7%.

Lay Stake: this is worked out for you by the calculator and is exactly the same as your original lay stake already placed, as calculated by the Oddsmatcher or the normal Matched Betting calculator.

Liability: your liability with the betting exchange in case your lay bet loses.  With the additional back bet that you are going to place with your exchange, you are going to reduce or eliminate that liability.

Grey Early Payout Section

Has the bookmaker paid out early?: choose ‘Yes’ if the bookmaker has paid out early.

Exchange Back Odds: enter the current back odds for your team with your exchange.

Back Stake: the amount you should place with your betting exchange to offset your original lay bet.

Profit Breakdown Section

In this section, you will see detailed amounts of all the possible outcomes of your bets.

Bookmaker column: as the bookmaker has already settled your bet as a win, you will have won even if your team eventually draw or lose.  Therefore, the figures shown in this column are your back winnings (minus back commission) for all the outcomes.

Exchange column: this shows your loss with the exchange, composed of your original lay bet and your subsequent back bet.  If the calculator’s Advanced Mode is switched off, the calculator will always calculate the amounts for a full cash-out of the lay bet.

Total column: the total of the respective row is shown here.  With the Advanced Mode switched off, the totals will be the same for all possible outcomes, and different totals will result with the Advanced Mode switched on.  This will be further explained in the next section.

Advanced Mode

This mode allows you to lock in just some of your profit and leave the rest to chance, for a lower profit if your back bet wins, and a higher profit if it doesn’t.  As you can see below, with the slider set to 100%, the calculations are the same as for the normal mode, as you are cashing out 100% of your lay bet.

If you move the slider to 0%, this means that you are not placing a back bet at all, and if your team go on to win, you will have your qualifying loss, as your lay bet will still be in place, but if your team draw or lose, both your back bet and your lay bet will win.

If you want to lock in just part of your profit, you can move the slider to any percentage you wish, and the correct back stake will be calculated for you.  This is what the calculations would look like if you wanted to lock in 50%:

How do you decide whether to lock in 0%, 100% or something in between?  This would depend on your personal risk appetite, and also how likely you think it is that your team will not win the game after a two-goal lead.  If your team go two goals up fairly early in the game, you may choose to wait until the other team score again, as the back odds for your team will go up again, increasing your profit.

Ultimately, it depends on whether you prefer a guaranteed, smaller profit, or the potential of a bigger win.

If you have any questions about this guide, please visit the Forum.