Spread betting carries a high level of risk. Between 51-82% of retail investor accounts lose money. You should consider whether you can afford to take the risk of losing your money.
BetTheSpread
Free tool · trade planning

Risk:reward
calculator

Calculate your risk:reward ratio, see the breakeven win rate, and visualise risk versus reward before placing a spread bet.

Quick presets
Trade setup
Risk:reward ratio
1:2.50Excellent
Risk
50.00 points
£250.00
Reward
125.00 points
£625.00
Risk vs reward
Risk£250.00 · 50.00 pts
Reward£625.00 · 125.00 pts
Breakeven win rate

With a 1:2.50 ratio, you only need to win 28.6% of trades to break even.

Breakeven = 1 / (1 + R:R)
= 1 / (1 + 2.50) = 28.6%

Note: This calculator provides theoretical risk:reward ratios based on your chosen levels. Actual results may differ due to slippage, gaps, and spread costs. Past performance is not indicative of future results.

Common ratios
R:R RatioBreakeven win rateQuality
1:0.566.7%Poor
1:150.0%Fair
1:1.540.0%Good
1:233.3%Excellent
1:325.0%Excellent
1:516.7%Excellent
Guide

Understanding risk:reward ratios in spread betting

The risk:reward ratio is one of the most important concepts in spread betting. It compares the potential loss (risk) to the potential gain (reward) on a trade, helping you decide whether a trade is worth taking before you commit any capital.

A ratio of 1:2 means you are risking one unit to potentially gain two. This is significant because it means you can be wrong on more than half your trades and still be profitable — with a 1:2 ratio, a 34% win rate is enough to break even, and anything above that generates profit.

How to set your levels: your stop loss should sit where your trade thesis is invalidated — typically beyond a key support or resistance level. Your take profit should be at a realistic target, such as the next significant support/resistance zone or a measured move.