Once again, users asked something and we’ve answered! Read on to find out about the price matcher‘s new SNR column.
A couple of other small improvements have been made with regards to ratings, as requested on the matched betting community. If you have one, add your suggestions via the relevant forum section.
Here are details for the most recent upgrade…
What does SNR Mean?
Here’s a simple definition to explain the meaning of the SNR abbreviation:
“Stake Not Returned (SNR) is the typical format for a free bet. As the name suggests, the end-user is not eligible to keep the betting stake as part of their overall payout”
Here’s the contrast between two bets:
- Normal bet: £10 to win at odds of 4/1 yields a payout of £50
- SNR bet: £10 to win at odds of 4/1 yields a payout of £40
It’s important to know this when matched betting as it may change your overall return, meaning you need to use our calculator in a different mode. Please refer to the video tutorials for deeper explanation.
Understanding the SNR Column:
The new SNR column is highlighted in red below. The purpose of this column is simple, it will allow you to see the percentage payout for a ‘stake not returned’ free bet with the listed information.
So, for example, the first result would return £78.57 for a £100 free bet at back odds of 12.0 and lay odds of 14.0 (at 0% commission).
In a nutshell, it’s a quick way of showing the potential SNR returns.
To reinforce the previous example. Here are the numbers displayed in the matched betting calculator.
We’ve set the stake to £100 in the above screenshot to highlight the result in relation to a match percentage. Typically free bets are worth £10-£30.
If the SNR free bet was worth £30 you would be looking at a profit of £23.59.
Hopefully, you found this article useful, please let us know below.
For additional explanations, see the category: betting help articles.