Arbitrage Calculator Apk

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In the world of retail arbitrage, the name of the game is to find something cheaper in store and then turn around and sell it for a profit online. For instance, you may find an older video game on clearance for $5 that can sell for $17 online. While it may sound hard to do, it’s a lot easier if you have the right retail arbitrage apps.

In today’s post, I want to talk about the many retail arbitrage scanning apps on the market that help you find these items that can help you make a profit online, mainly Amazon and sometimes eBay.

Our Arbitrage Calculator will tell you if there is an Arbitrage opportunity. You can use this calculator for 2-way surebets (e.g. Over/under), but also for 3-way bets, when you have three possible outcomes (e.g. Win, draw, loss). The arbitrage calculator also allows you to input free bet money when you use the first bet method. If you are betting on an exchange and need to add commission you can do so via the settings icon at the top. Arbitrage Calculator free download - Moffsoft Calculator, Simple Calculator, Biromsoft Calculator, and many more programs. Our arbitrage calculator allows you to enter the odds of two (or more) different bets to determine how much you should stake on each to guarantee a profit. 1:20 Use the Arbitrage Calculator here Enter Odds & Stake.

And, no, you don’t need to be an experienced seller nor do you need thousands of dollars to get started. In all honesty, you can get started with as little as a few dollars to learn how this market works. You just need to find the right items to scan. You also need to take the time to learn what sells the best. It can take time, but like anything, it can pay off as you gain knowledge over time. These apps are going to help you from purchasing items that won’t make you money.

While I won’t go in depth as to how retail arbitrage works, I’m only going to talk about the apps that can help you. In using these apps, it can help you beat your competitors and make a lot more than using the old-school, traditional methods. If you want to learn more about retail arbitrage, I will talk about this at a later date. But, for now, you can view the many YouTube videos on this very subject that can help you make a few hundred, maybe even thousands, in your spare time.

For now, let’s focus on the best retail arbitrage apps. They are as easy as downloading them and then scanning a bar code inside of a store for more in-depth information to show you if it’s profitable. Most of these are apps are straight-forward in how they work, but they can take some time to learn how to interpret the numbers.

Amazon Seller App

Price: FREE

Hands down, the Amazon Seller App is the best option out of all the ones I’m about to list, especially if you plan on re-selling on Amazon. A few reasons that I like it is that it’s 100% free and it’s coming straight from Amazon.

As long as you’re a registered seller on Amazon, you can start to use the app right away. If not, you can always sign up for an account. This doesn’t take long.

After you download the app, you can start scanning products immediately, which will help you determine the product’s price, the fees you would pay if you were to sell, the profits, the product’s rank as well as how many people are selling at a given time. These metrics can help you determine if there’s money to be made in the product you found. As an important note, you need to remember that some categories are restricted, so make sure you can sell that item on Amazon before buying! The app will tell you if you ahead of time if you’re able to do so.

Aside from being able to see what you could make, you can also list your products on the spot, manage your orders as well as your returns. Your whole selling profile is available at your fingertips with this very simple selling app.

The app won’t lay it out as easy as the other apps I’m about to mention, but if you’re on a budget and don’t want to spend any money at first, it’s one to at least check out.

I would only recommend this if you plan on selling on Amazon as this is what the app is designed for after all.

• Website: Google Play, iTunes, Amazon

Profit Bandit

Price: $9.99/mo

Profit Bandit is said to be the #1 scouting app, at least according to the company’s website.

The app offers a myriad of benefits, including…

• lightning fast scanning
• if you’re competing against Amazon
• know who has the buy box
• calculates profits based on 15 factors
• offers a restricted items alert
• sales range
• crystal clear profit calculation

It does cost $9.99 per month, but it offers unlimited scanning for both the Android and iPhone. From the many reviews I did read, the monthly price was justified.

• Website:Profit Bandit

ScanPower

Price: $24-$100/mo

ScanPower provides live pricing data for every single item found in the Amazon database. All you need to do is scan your item ones to create a listing and then add items if you were to ship it as an FBA shipment.

The pricing is a smidge higher than most I note here, starting at $24 a month, but you will get much more than just the scanning app.

According to the pricing comparison chart, you can receive reports, listing features as well as a variety of product information, depending on the plan you choose.

Keep in mind that the app doesn’t have the best ratings on the Google Play Store, but I try to include as many options as I can find to help you in your research.

• Website: ScanPower

Scoutify

Price: $40/mo

Scoutify isn’t as popular as the rest I mention here, but it can get the job done if you’re willing to pay the monthly price.

It does cost $40 per month to use, but from what I have seen, it includes much more than just scanning. It can also integrate with multiple third-party apps, such as camelcamelcamel, to help you keep track of prices as well as allow you to keep a shopping list to track your scanning history. The monthly fee also allows you to access InventoryLab, which offers reporting, bookkeeping and sourcing tools, all of which could come in handy if you consider yourself to be a power seller on any platform.

If you’re hesitant about the price, they do offer a 30-day free trial to test it out.

• Website:Scoutify

Scoutly

Price: $9-$35/mo or $349-$1119 one-time payment

The FBAScan app allows you to scan and check any item listed on Amazon is less than one second with a simple scan.

Unlike a lot of apps that pings Amazon’s database in real-time causing some lag, you can download Amazon’s database directly to your phone for almost instant results. The app, much like the rest, offers an automatic calculation of profits, profit based triggers customized by you, and a historical rank for the products you had in mind.

The company offers a variety of payment options, from a one-time payment to a monthly plan starting at $9.95.

• Website:Scoutly

Compare Prices On Amazon & eBay

Price: FREE but there’s a premium Ad-Free version

Most of the apps I already mentioned primarily deal with Amazon, but this isn’t the case with the “Compare Prices On Amazon & eBay” app.

This app allows you to scan any UPC, then allowing you to compare the prices on both eBay and Amazon instantly. You can also check the reviews and ratings.

While the app isn’t as in depth as the other apps mentioned, it’s a nice free option that allows you to check out the prices. Just remember that you will have to shave off the commission fees to get a final profit number.

• Website:Compare Prices On Amazon & eBay

What’s it worth on eBay?

Price: FREE but there’s a premium Ad-Free version

The “What’s it worth on eBay?” app will let you know a realistic price average on eBay, making it a great choice if you want to flip your items on eBay, not Amazon.

After you search for the item in question, it will show you the average net price as well as how many items have sold in the past. The simple interface makes it easy to understand what you could get out of the item.

If you want an eBay arbitrage app, this is one of the most popular options on the Google Play Store. As I write this, it has more than 500,000 ratings with a solid 4.3/5 rating.

• Website: What’s it worth on eBay?

All of these apps can help you in one way or another if you’re interested in the retail arbitrage world. Even if it’s focused on Amazon, you can still assume these numbers can apply closely to other platforms such as eBay, Craigslist and the many other sites like Craigslist.

While most of these apps do focus on Amazon, this is where most of your money is made. Like I said prior in the introduction, I haven’t talked much about retail arbitrage, but I may do so in the future, in which I will link out to the guide here.

For now, check out these apps and see which ones may help you make money if you already know about this world. If you don’t want to invest anything at first, then the Amazon Seller app may be a great choice. If you have money to spend, however, then the many other premium options I listed could work just as well. It’s just up to you to determine which features are worth paying for.

Now, I leave it up to you.

Have you used any of these apps?

Am I missing any?

Arbitrage Calculator App

If you have anything on your mind, feel free to sound off in the comments below!

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Arbitrage betting – also known as arbs, surebets, miraclebets and surewins – is a technique in which you place bets with different online betting companies in order to cover all of the outcomes of a sporting event to guarantee yourself profit.

An arb arises when betting companies take an alternative view on the outcomes of a particular sporting event, meaning that they offer different odds to reflect the probabilities. Should you find a situation where bookies disagree by a large enough variance, you could lock in profit regardless of which outcome win.

Because of how a bookie sets their prices, you are guaranteed to lose money if you bet on each outcome within an event at the same bookmaker. For example, backing the favourite to win, underdog to win and the draw in a football match would ensure the bookie rubs their hands with glee as they take your hard-earned cash. This is because the betting company includes an overround in their pricing which gives them an edge as it replaces the true odds of each outcome with their own odds (You can read more about probabilities, odds and overrounds here.

However, comparing the odds for the same sporting event from different betting companies can open up an opportunity because the bookies have an alternative view, or may have made an error. This doesn’t mean that a favourite with one bookie becomes the underdog at another, more that there will be a slight difference in the odds that are on offer.

For example, BetVictor could price a Floyd Mayweather Jr win at decimal odds of 1.48 (67.6% implied probability) whereas 888Sport could think he’s even more likely to win and offer odds of 1.36 (73.5% implied probability). As a result, the price on his opponent would also change between the two bookies and mean that backing the underdog could see a range between 2.75 (36.4% probability) and 3.25 (30.8% probability). If the numbers add up correctly, you could find that backing Mayweather with BetVictor and his opponent with 888Sport could automatically put you into the green no matter who won the bout.

As shown in this boxing example, generally there is only a slight difference between the prices set by bookmakers. This means that you need to bet with high stakes in order to make any serious money as arbitrage bets typically range between 1% and 10% profit. This could mean that a £1,000 stake would return as little as £10 and as much as £100 which may not be worth the vast amounts of time taken to identify the surebet in the first place. Although the likes of online bookies and odds comparison sites have helped the punter identify arbitrage opportunities, it also means that the bookmakers themselves can use them to spot pricing mistakes or identify if there odds are drastically different. This means that the opportunity for arbing is less than it once was.

Software and bots do exist which identify arbitrage opportunities, however I’ve personally never used them so couldn’t comment on their effectiveness. Instead, we’re going to look at how to find arbitrage bets using a manual process, which is actually relatively simple to do, it can just be time consuming. The process is as follows:

1. Using an odds comparison site such as Oddschecker, find a sporting event which offers two outcomes.
2. Find the highest odds available for each outcome from two different bookmakers.
3. Calculate whether the odds represent an arbitrage betting opportunity.
4. If so, calculate the individual stakes you need to bet with at each bookmaker.
5. Place each of the bets.

To explain this process further, let’s look at a real-life example of a surebet based on the step-by-step approach above. As context, I went to Oddschecker, and after a little while of searching, came across the ATP Indian Wells tennis tournament which had Andy Murray (1.18 highest with Boylesports) as the favourite to win the match against Vasek Pospisil (7.00 highest with SkyBet). Why did this match grab my interest? Well, let me share the below table which gives an indication of the odds you’re looking for to potentially identify a surebet.

After noticing that 1.18 and 7.00 looked like a potential arbitrage bet by looking at 1.20 and 6.00 above, the next step is to calculate whether the odds actually represent a surebet. Luckily, there are plenty of online calculators available which do all of the hard work for you. However, we can take a look at the actual calculations to see how things work behind the calculator.

Firstly, if not using an online calculator, you need to work out the arbitrage percentage which identifies whether you have a surebet. As mentioned above, with an individual bookmaker, the total percentage of all outcomes in a sporting bet will add up to greater than 100% due to the overround. Therefore, we are looking for opportunities where all outcomes from different bookies add up to less than 100% as this suggest that the bookies have different opinions on the outcomes. To calculate the arbitrage percentage, you can use the following formula:

Arbitrage % = ((1 / decimal odds for outcome A) x 100) + ((1 / decimal odds for outcome B) x 100)

Andy Murray Win: (1 / 1.18) x 100 = 84.746%

Vasek Pospisil Win: (1 / 7.00) x 100 = 14.286%

84.75% + 14.29% = 99.032% (less than 100%, therefore an arbitrage bet)

Having found a surebet, we then need to calculate the profit we will receive based on the amount of money we are willing to invest. If, for example, you are wanting to place £500 stake on the tennis surebet above, you would calculate the profit using the following formula:

Profit = (Investment / Arbitrage %) – Investment

(£500 / 99.032%) – £500 = £4.89 profit (from £500 stake)

The next step is to calculate how your investment needs to be broken down in terms of stakes across both bets. This is so that you are returning the same profit regardless of which outcome wins. The idea is to return the same profit regardless of whether the first or second outcome is successful, so it is critical to use the correct stakes – if not, you could find that one outcome is more profitable than the other or that you actually lose money if one outcome wins. To calculate the individual stakes:

Individual bets = (Investment x Individual Arbitrage %) / Total Arbitrage %

Andy Murray Stake = (£500 x 84.746%) / 99.032% = £427.87

Vasek Pospisil Stake = (£500 x 14.286%) / 99.032% = £72.13

£427.87 + £72.13 = £500 total stake

You therefore know that to make £4.89 profit from £500 (0.968% profit) you need to place a bet of £427.87 on Andy Murray to win at odds of 1.18 and £72.13 on Vasek Pospisil to win at odds of 7.00. As you can see, this is quite a lot of work for less than £5.00 profit, but as mentioned, online calculators can take a lot of the manual work away from this process.

As an aside, it is also worthwhile knowing how to calculate the stake for outcome B if you know how much you plan to bet on outcome A. Rather than the above approach where we split the total stake (£500) into two bets to guarantee the same profit, we can work out how much to place on outcome B if we have bet £500 just on outcome A. This can be done using the following formula:

Stake for outcome B = Stake for outcome A x (Odds for outcome A / Odds for outcome B)

£500 x (1.18 / 7.00) = £84.29 stake for outcome B

To work out total profit, you would then use the above figures in the following calculations:

Profit if outcome A wins: (stake for outcome A x odds for outcome A) – (total investment)

Profit if outcome B wins: (stake for outcome B x odds for outcome B) – (total investment)

If Murray wins: (£500 x 1.18) – (£500 + £84.29) = £5.71

Arbitrage Calculator Apk App

If Pospisil wins: (£84.29 x 7.00) – (£84.29 + £500) = £5.74

So, by investing £584.29 in this match, you would make a profit of £5.71 if Murray wins or £5.74 if Pospisil wins.

As described above, we’ve talked about finding surebets by looking at online bookmakers and odds comparison sites to identify the best prices for each outcome in a sporting event. This isn’t the only arbing opportunity though – it is also possible to do this via betting exchanges and in betting shops. For instance, you could use the likes of Betfair to back and lay a bet to create a guaranteed profit – along similar lines to trading in the financial markets – although an extra considerations is that you need to factor in the commission for using the service. Similarly, there is also the practice of ‘sharbing’ where you are able to create an arbitrage opportunity by using an online bookie for one outcome and a betting shop for the second as shops are usually slower to respond to price changes than online bookies.

Although arbing is not illegal per se, it is viewed very negatively by bookmakers and can often result in bets being cancelled should it be detected. This can have a knock on effect if a bet on outcome A is cancelled with bookie A, but outcome B is not cancelled with bookie B, meaning that you could be seriously out of pocket considering the large stakes at play. Going one step further, it is also not uncommon for betting accounts to be suspended if people are suspected of using surebets. Therefore, heed a word of caution when approaching arbitrage betting despite the promised guaranteed profit on offer.

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