New Posts For Thread: Maths helphttps://community.betfair.com/general_betting/go/thread/view/94082/30201323/maths-helpIf i bought 1.3 for £10, then aimed to sell at 1.29 for a green book, what is the percentage chance of it never hitting 1.29?Also, how on earth did you work it out ?Good effort UA i make it 1/134 =78 percenthttps://community.betfair.com/general_betting/go/thread/view/94082/30201323/maths-help?post_id=538007485#538007485Good effort UA i make it 1/134 =78 percentSun, 16 Feb 2014 02:16:21 -0600Quite brilliant UA and Andriy, could you turn your attention to my topic, Puzzler for brainboxes, nearbye plz.https://community.betfair.com/general_betting/go/thread/view/94082/30201323/maths-help?post_id=537998579#537998579Quite brilliant UA and Andriy, could you turn your attention to my topic, Puzzler for brainboxes, nearbye plz.Sat, 15 Feb 2014 12:56:39 -0600If you green all round, it's 77p profit all outcomes. The £1 win comes from the £1 event-wins/ £0 event-loses option.https://community.betfair.com/general_betting/go/thread/view/94082/30201323/maths-help?post_id=537998027#537998027If you green all round, it's 77p profit all outcomes. The £1 win comes from the £1 event-wins/ £0 event-loses option.Sat, 15 Feb 2014 12:26:29 -0600UA, if you backed £100 at 1.30 and layed it off at 1.29 you make £1, in my view.Why 0.77 pence what am i missing plz?https://community.betfair.com/general_betting/go/thread/view/94082/30201323/maths-help?post_id=537997817#537997817UA, if you backed £100 at 1.30 and layed it off at 1.29 you make £1, in my view.Why 0.77 pence what am i missing plz?Sat, 15 Feb 2014 12:14:49 -0600I worked it out as .76% chance of the price not hitting 1.29 and 99.24% of it hitting it.My calculation was based on it being a random strategy and so breaking even if you ignored commission. If you bet £100 at 1.3 and layed off at 1.29 you would mahttps://community.betfair.com/general_betting/go/thread/view/94082/30201323/maths-help?post_id=537988465#537988465I worked it out as .76% chance of the price not hitting 1.29 and 99.24% of it hitting it.My calculation was based on it being a random strategy and so breaking even if you ignored commission. If you bet £100 at 1.3 and layed off at 1.29 you would maSat, 15 Feb 2014 00:48:53 -0600You should be aiming for a better than (buying odds)/(selling odds) percentage. Otherwise you'll lose in the long run.https://community.betfair.com/general_betting/go/thread/view/94082/30201323/maths-help?post_id=537986727#537986727You should be aiming for a better than (buying odds)/(selling odds) percentage. Otherwise you'll lose in the long run.Fri, 14 Feb 2014 19:22:07 -0600Impossible to answer as depends on how liquid the markets are and what sport/volatility and whether you mean in play too.Regardless for that level of profit you'd need it to work virtually everytime so to me it would be equivalent of backing long oddhttps://community.betfair.com/general_betting/go/thread/view/94082/30201323/maths-help?post_id=537986019#537986019Impossible to answer as depends on how liquid the markets are and what sport/volatility and whether you mean in play too.Regardless for that level of profit you'd need it to work virtually everytime so to me it would be equivalent of backing long oddFri, 14 Feb 2014 17:49:01 -0600Not a clue here, mate.https://community.betfair.com/general_betting/go/thread/view/94082/30201323/maths-help?post_id=537979939#537979939Not a clue here, mate.Fri, 14 Feb 2014 11:27:20 -0600https://community.betfair.com/general_betting/go/thread/view/94082/30201323/maths-help?post_id=537979929#537979929Fri, 14 Feb 2014 11:26:45 -0600If i bought 1.3 for £10, then aimed to sell at 1.29 for a green book, what is the percentage chance of it never hitting 1.29?Also, how on earth did you work it out ?https://community.betfair.com/general_betting/go/thread/view/94082/30201323/maths-help?post_id=537979339#537979339If i bought 1.3 for £10, then aimed to sell at 1.29 for a green book, what is the percentage chance of it never hitting 1.29?Also, how on earth did you work it out ?Fri, 14 Feb 2014 10:53:04 -0600