New Posts For Thread: Algebrahttps://community.betfair.com/general_betting/go/thread/view/94082/30329545/algebraB = Back OddsC = Back StakeD = Lay Odds(There is no E)F = Lay StakeG = Lay LiabilityH = Net P/L (as a percentage of C)R = Commission RateWe can work out F, G & H from known values of B, C, D & R thus:F = B*C/DG = (D-1)*F, andH = (F-C)*(1-R)/CWhat I wjt45You were correct in your assumption - (I should have explained that).Yep - all tested in Excel and spot on! That's perfect!Many, many thanks.Steve(Keeping odd hours whilst the missus is away).https://community.betfair.com/general_betting/go/thread/view/94082/30329545/algebra?post_id=540985513#540985513jt45You were correct in your assumption - (I should have explained that).Yep - all tested in Excel and spot on! That's perfect!Many, many thanks.Steve(Keeping odd hours whilst the missus is away).Sat, 16 Aug 2014 20:41:05 -0500Alternatively you could observe that, (F-C)*(1-R) = H * C(F-C) = (H*C)/(1-R)F = C +(H*C)/(1-R)Having calculated F, use that value to calculate D using equation [1] and then G using equation [2]. That would be boring though. Early night?If not, you'rehttps://community.betfair.com/general_betting/go/thread/view/94082/30329545/algebra?post_id=540983253#540983253Alternatively you could observe that, (F-C)*(1-R) = H * C(F-C) = (H*C)/(1-R)F = C +(H*C)/(1-R)Having calculated F, use that value to calculate D using equation [1] and then G using equation [2]. That would be boring though. Early night?If not, you'reSat, 16 Aug 2014 17:23:10 -0500B = Back OddsC = Back StakeD = Lay Odds(There is no E)F = Lay StakeG = Lay LiabilityH = Net P/L (as a percentage of C)R = Commission RateWe can work out F, G & H from known values of B, C, D & R thus:[1] F = B*C/D [2] G = (D-1)*F [3] H = (F-C)*(1-R)/https://community.betfair.com/general_betting/go/thread/view/94082/30329545/algebra?post_id=540982453#540982453B = Back OddsC = Back StakeD = Lay Odds(There is no E)F = Lay StakeG = Lay LiabilityH = Net P/L (as a percentage of C)R = Commission RateWe can work out F, G & H from known values of B, C, D & R thus:[1] F = B*C/D [2] G = (D-1)*F [3] H = (F-C)*(1-R)/Sat, 16 Aug 2014 16:21:22 -0500Oh, OK. So either a) It's a secret, orb) no-one understands the question, orc) all 30 people who have viewed this thread are as tick as me.https://community.betfair.com/general_betting/go/thread/view/94082/30329545/algebra?post_id=540982113#540982113Oh, OK. So either a) It's a secret, orb) no-one understands the question, orc) all 30 people who have viewed this thread are as tick as me.Sat, 16 Aug 2014 15:52:39 -0500B = Back OddsC = Back StakeD = Lay Odds(There is no E)F = Lay StakeG = Lay LiabilityH = Net P/L (as a percentage of C)R = Commission RateWe can work out F, G & H from known values of B, C, D & R thus:F = B*C/DG = (D-1)*F, andH = (F-C)*(1-R)/CWhat I whttps://community.betfair.com/general_betting/go/thread/view/94082/30329545/algebra?post_id=540977821#540977821B = Back OddsC = Back StakeD = Lay Odds(There is no E)F = Lay StakeG = Lay LiabilityH = Net P/L (as a percentage of C)R = Commission RateWe can work out F, G & H from known values of B, C, D & R thus:F = B*C/DG = (D-1)*F, andH = (F-C)*(1-R)/CWhat I wSat, 16 Aug 2014 11:51:13 -0500