New Posts For Thread: Work out odds after commisionhttps://community.betfair.com/general_betting/go/thread/view/94082/29083591/work-out-odds-after-commisionWhat is the formula to work out what the odds are after 5% commision? I know you can do the options on betfair, but I wanted to be able to work out what the actual odds were. Odds of 1.5 Stake £10 = £5 profit -5% commison = 4.75, so odds were 1.47Glasgow calls someone thick then gets it wrong. Backing odds w/o comm: xBacking odds w/ comm: (x-1)*0.95+1 = 0.95*x+0.05Laying odds w/o comm: xLaying odds w/ comm: (x-1)/0.95+1https://community.betfair.com/general_betting/go/thread/view/94082/29083591/work-out-odds-after-commision?post_id=519061649#519061649Glasgow calls someone thick then gets it wrong. Backing odds w/o comm: xBacking odds w/ comm: (x-1)*0.95+1 = 0.95*x+0.05Laying odds w/o comm: xLaying odds w/ comm: (x-1)/0.95+1Thu, 26 Apr 2012 17:47:41 -0500y = mx + chttps://community.betfair.com/general_betting/go/thread/view/94082/29083591/work-out-odds-after-commision?post_id=519059359#519059359y = mx + cThu, 26 Apr 2012 16:39:11 -0500+1https://community.betfair.com/general_betting/go/thread/view/94082/29083591/work-out-odds-after-commision?post_id=519058267#519058267+1Thu, 26 Apr 2012 16:08:33 -0500formula ????????????If its 6 JUST DO 5* 0.95 ---- you thick unthttps://community.betfair.com/general_betting/go/thread/view/94082/29083591/work-out-odds-after-commision?post_id=519051257#519051257formula ????????????If its 6 JUST DO 5* 0.95 ---- you thick untThu, 26 Apr 2012 13:02:25 -0500Cheers, most appreciated.https://community.betfair.com/general_betting/go/thread/view/94082/29083591/work-out-odds-after-commision?post_id=519040717#519040717Cheers, most appreciated.Thu, 26 Apr 2012 08:02:36 -0500(1.5-1)*(1-0.05)+1=1.475https://community.betfair.com/general_betting/go/thread/view/94082/29083591/work-out-odds-after-commision?post_id=519040101#519040101(1.5-1)*(1-0.05)+1=1.475Thu, 26 Apr 2012 07:44:19 -0500What is the formula to work out what the odds are after 5% commision? I know you can do the options on betfair, but I wanted to be able to work out what the actual odds were. Odds of 1.5 Stake £10 = £5 profit -5% commison = 4.75, so odds were 1.47https://community.betfair.com/general_betting/go/thread/view/94082/29083591/work-out-odds-after-commision?post_id=519039897#519039897What is the formula to work out what the odds are after 5% commision? I know you can do the options on betfair, but I wanted to be able to work out what the actual odds were. Odds of 1.5 Stake £10 = £5 profit -5% commison = 4.75, so odds were 1.47Thu, 26 Apr 2012 07:37:51 -0500