Tools

Altro calculators

Estimate bonus payouts and model matched-betting hedges. Matched betting tools below are walkthrough companions for lessons in Altro Complete.

Welcome bonus calculator

Model net value after fees and required spend. Works for credit card welcome offers and similar cash bonuses. Defaults match a typical no-annual-fee card ($200 after $500 spend).

Leave at $0 for no-annual-fee cards. Add annual fee or known surcharges if applicable.

Enter values and click calculate.

Matched betting calculators (Altro Complete)

These tools live on the matched betting calculators page — linked from lessons on qualifying bets, bonus conversion, Kelly sizing, risk of ruin, and more. American moneyline odds only.

Bonus bet conversion

Convert free bets (stake not returned) to cash. Used in lesson: Using the Bonus Conversion Calculator.

Open Bonus Bet calculator

Two-way arbitrage

Split stake across two outcomes for equal return. Used in lesson: Arbitrage Opportunities and Expected Value Bets.

Open Two-way arbitrage calculator

Expected value (EV)

Estimate edge when your probability differs from the line. Course walkthrough tool.

Open EV calculator

Kelly criterion

Full and half-Kelly stake sizing for positive expected value spots. Used in Kelly Criterion in Practice.

Open Kelly calculator

New to matched betting? Read the arbitrage guide or view Altro Complete.