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Good evening guys;
I have a rather naive question that I need an answer for.
I have never understood how to green up and trade properly on here. Watched a video on youtube to show how to calculate the stake to go all green when you back and then lay lower.
eg (6.6 back price x £100) / 6.0 pay price
My question however, as I tend to lay things first is how do you do it the other way?
clearly my maths has never been great...
Thanks in advance
I have a rather naive question that I need an answer for.
I have never understood how to green up and trade properly on here. Watched a video on youtube to show how to calculate the stake to go all green when you back and then lay lower.
eg (6.6 back price x £100) / 6.0 pay price
My question however, as I tend to lay things first is how do you do it the other way?
clearly my maths has never been great...
Thanks in advance
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It is indeed 5 years.
But let me pose another question. Why green for the sake of it?
But let me pose another question. Why green for the sake of it?
it is indeed, not like i spend a lot of time here though, had an account will Will Hill but havent bet there for years....
Anyways...its not just for the sake of it; I would just be interested in knowing how to do it, as and when I feel I should???
Anyone help with the maths?
Thanks
Anyways...its not just for the sake of it; I would just be interested in knowing how to do it, as and when I feel I should???
Anyone help with the maths?
Thanks
go to options..tick the 'what if' box, then open a market, back or lay something for say a tenner, without submitting the bet, then just play about with the figures
if you back an even money shot for a tenner, then lay it at evens for a tenner, you obviously break even....now change the figures and lay it at 1.9, and see what happens to the green figures
lol thanks but is there a very specific way like the formula at the top, so I don't have to sit and play with ticks to see what happens?
just experiment using 2 pound stakes, you need to learn with real cash, so using the minimum wont do you any harm whilst you learn
exactley the same calculation just replaced lay with back
(6 lay price x £100) / 6.6 back price
(6 lay price x £100) / 6.6 back price
exactly the same calculation just replaced lay with back
(6 lay price x £100) / 6.6 back price
(6 lay price x £100) / 6.6 back price
divide your winnngs by the lay price
that will give you the stake for an even profit
that will give you the stake for an even profit
A better idea is to just put your bet on and let it run.
kenilworth 14 Apr 23:36
A better idea is to just put your bet on and let it run.
Indeed. Or decide that another option is value and just punt that.
I am convinced that this compulsion to green up provides opportunities.
Opportunities for whom ? For those who accomodate the ''greening uppers''. This evening Spurs, leading 1-0, were available to back at better than 2.0 when IMO should have been around 1.80.
i think he means by accomodating those panic sellers frantically attempting to red or green up in a frenetic finish to an event
the sums at inflated prices were for just that reason i thought? not much chance getting it all matched but just before kick off when bets are removed or matched and they find themselves at the top of the queue they often get matched for less than a quid which i assume is ppl using their inflated prices to green up before it goes in play.
kenilworth 15 Apr 00:07
Opportunities for whom ?
Opportunities for those that can recognise over reactions.
sweetchildofmine 15 Apr 00:09
i think he means by accomodating those panic sellers frantically attempting to red or green up in a frenetic finish to an event.
Yes, and buyers but not just at the finish.
Some truth here.
In my first year on bf, I used to green up at any price just toboost my green. Needless to say, as I became aware of the value I was giving away I still wanted to green up but only at something approaching a fair price.
There must be quite a few green-up bots at it, which will lay up to 1000, just to lock in a few more pence. I see it all the time.
In my first year on bf, I used to green up at any price just toboost my green. Needless to say, as I became aware of the value I was giving away I still wanted to green up but only at something approaching a fair price.
There must be quite a few green-up bots at it, which will lay up to 1000, just to lock in a few more pence. I see it all the time.
There must be quite a few green-up bots at it, which will lay up to 1000, just to lock in a few more pence. I see it all the time.
Me too.
Me too.
Lay first.
Lay 100 at 6.0. 100 * 6 = 600
backing at 6.6 to green: 600/6.6 = 90.90
back 90.90 at 6.6
green for 9.10 the field and 9.04 your selection (comm not included).
So work from your return figure (stake times initial odds) each time, whether backing or laying.
Lay 100 at 6.0. 100 * 6 = 600
backing at 6.6 to green: 600/6.6 = 90.90
back 90.90 at 6.6
green for 9.10 the field and 9.04 your selection (comm not included).
So work from your return figure (stake times initial odds) each time, whether backing or laying.
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