General Betting
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I know you can get the software, but does anyone know the calculation to work out your stake for an all green or red? Thanks in advance.
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juat use the 'what if' feature on the market page surely
Described and demonstrated here:
http://www.youtube.com/watch?v=YvTKmsAPO0M
http://www.youtube.com/watch?v=YvTKmsAPO0M
To calculate the stake required, it is the (original price/lay price required)*Stake.
eg.
You have backed a horse for £50 at 5.0 for a potential profit of £200
The odds drop to 4.0 so you can now green up by laying the horse. To calculate the stake divide 5.0 by 4.0 and multiply by the original stake = £62.50, liability = £187.50.
You now have a guaranteed profit of £12.50 whatever the result.
eg.
You have backed a horse for £50 at 5.0 for a potential profit of £200
The odds drop to 4.0 so you can now green up by laying the horse. To calculate the stake divide 5.0 by 4.0 and multiply by the original stake = £62.50, liability = £187.50.
You now have a guaranteed profit of £12.50 whatever the result.
Thanks all. Think i've got it now, just playing around to see if it works if odds go against you.
Download a free API to do it for you.
Geeks Toy is completely free but I think bet angel and bet trader do a free version, while they used too.
Geeks Toy is completely free but I think bet angel and bet trader do a free version, while they used too.
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