New Posts For Thread: Odds trading question - Help needed pleasehttps://community.betfair.com/general_betting/go/thread/view/94082/30744283/odds-trading-question---help-needed-pleaseHi all need help with the following.If i back a team / horse / dog etc @ say 2.0 at what price does the selection need to contract to for me to lay it and secure a 10% profit. I am really looking for the equation so I can work out various trades to gGot a fixA = 88.88 chance of being in the first 2B = 84.45C = 26.67 200.00 Totalhttps://community.betfair.com/general_betting/go/thread/view/94082/30744283/odds-trading-question---help-needed-please?post_id=550544315#550544315Got a fixA = 88.88 chance of being in the first 2B = 84.45C = 26.67 200.00 TotalWed, 30 Nov 2016 13:31:48 -0600Thanks Ghettohttps://community.betfair.com/general_betting/go/thread/view/94082/30744283/odds-trading-question---help-needed-please?post_id=550535643#550535643Thanks GhettoTue, 29 Nov 2016 10:10:54 -0600You need to look up the Harville method which basically treats it as a set of races, so If horse A wins you now simply treat it as a separate race between B and C to come first (i.e. second to A). Then recalculate assuming C has won the race and thehttps://community.betfair.com/general_betting/go/thread/view/94082/30744283/odds-trading-question---help-needed-please?post_id=550529821#550529821You need to look up the Harville method which basically treats it as a set of races, so If horse A wins you now simply treat it as a separate race between B and C to come first (i.e. second to A). Then recalculate assuming C has won the race and theMon, 28 Nov 2016 11:28:11 -0600Help me with this GhettoThree horse race A 50% B 40% C 10% winning chancesWhat are the odds on each finishing 1st or 2ndThankshttps://community.betfair.com/general_betting/go/thread/view/94082/30744283/odds-trading-question---help-needed-please?post_id=550485875#550485875Help me with this GhettoThree horse race A 50% B 40% C 10% winning chancesWhat are the odds on each finishing 1st or 2ndThanksTue, 22 Nov 2016 10:24:49 -0600If you don't want to take into account your commission rate you can simply useNew_Odds = (100 x Original_Odds)/(Percentage + 100)https://community.betfair.com/general_betting/go/thread/view/94082/30744283/odds-trading-question---help-needed-please?post_id=550413645#550413645If you don't want to take into account your commission rate you can simply useNew_Odds = (100 x Original_Odds)/(Percentage + 100)Sat, 12 Nov 2016 13:53:39 -0600The maths behind greening up is relatively simple, just a balanced equation. Things might start to look complicated when you start taking into account commission rates etc but as long as you do it step by step it's not too hard.THe basic maths behindhttps://community.betfair.com/general_betting/go/thread/view/94082/30744283/odds-trading-question---help-needed-please?post_id=550413431#550413431The maths behind greening up is relatively simple, just a balanced equation. Things might start to look complicated when you start taking into account commission rates etc but as long as you do it step by step it's not too hard.THe basic maths behindSat, 12 Nov 2016 13:40:20 -0600Betfair lay does this for you:add the % profit you want to your back stake in the stake lay boxput up the odds you got to your back betpress the black down arrow till it matches the back bet profithttps://community.betfair.com/general_betting/go/thread/view/94082/30744283/odds-trading-question---help-needed-please?post_id=550392183#550392183Betfair lay does this for you:add the % profit you want to your back stake in the stake lay boxput up the odds you got to your back betpress the black down arrow till it matches the back bet profitThu, 10 Nov 2016 06:37:16 -0600Why not use .....http://www.oddschecker.com/betting-tools/hedging-calculatorhttps://community.betfair.com/general_betting/go/thread/view/94082/30744283/odds-trading-question---help-needed-please?post_id=550389505#550389505Why not use .....http://www.oddschecker.com/betting-tools/hedging-calculatorWed, 09 Nov 2016 16:39:26 -0600there is software out there that u can programme in percentage win.ie say 10%as soon as you bet a selection say at evens,the software put in a bet at 1..80 to layhttps://community.betfair.com/general_betting/go/thread/view/94082/30744283/odds-trading-question---help-needed-please?post_id=550207933#550207933there is software out there that u can programme in percentage win.ie say 10%as soon as you bet a selection say at evens,the software put in a bet at 1..80 to layWed, 19 Oct 2016 09:50:48 -0500Totally off topic, but I was at Coalville yesterday.https://community.betfair.com/general_betting/go/thread/view/94082/30744283/odds-trading-question---help-needed-please?post_id=550184279#550184279Totally off topic, but I was at Coalville yesterday.Sun, 16 Oct 2016 12:36:22 -0500