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scukit
14 Apr 10 19:57
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Date Joined: 08 Jun 05
| Topic/replies: 53 | Blogger: scukit's blog
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

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Replies: 25
By:
Doyler1987
When: 14 Apr 10 20:10
Download Gruss = level profit column = BOOM!
By:
scukit
When: 14 Apr 10 20:16
how about without software?
By:
matt le tiss
When: 14 Apr 10 20:22
too cumbersome , speed is all important .
By:
sweetchildofmine
When: 14 Apr 10 20:28
in 5 years??
By:
Alex the old wrinkled retainer
When: 14 Apr 10 20:33
It is indeed 5 years.


But let me pose another question. Why green for the sake of it?
By:
scukit
When: 14 Apr 10 20:36
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
By:
sweetchildofmine
When: 14 Apr 10 20:40
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
By:
sweetchildofmine
When: 14 Apr 10 20:42
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
By:
scukit
When: 14 Apr 10 20:47
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?
By:
sweetchildofmine
When: 14 Apr 10 20:49
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
By:
Ghetto Joe
When: 14 Apr 10 21:02
exactley the same calculation just replaced lay with back


(6 lay price x £100) / 6.6 back price
By:
Ghetto Joe
When: 14 Apr 10 21:02
exactly the same calculation just replaced lay with back


(6 lay price x £100) / 6.6 back price
By:
scukit
When: 14 Apr 10 21:11
Thanks Ghetto Joe; thats just what I was after
By:
its only jude
When: 14 Apr 10 22:36
divide your winnngs by the lay price
that will give you the stake for an even profit
By:
kenilworth
When: 14 Apr 10 23:36
A better idea is to just put your bet on and let it run.
By:
Alex the old wrinkled retainer
When: 14 Apr 10 23:44


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.
By:
kenilworth
When: 15 Apr 10 00:07
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.
By:
sweetchildofmine
When: 15 Apr 10 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
By:
Rocket to the FACE
When: 15 Apr 10 11:14
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.
By:
Alex the old wrinkled retainer
When: 15 Apr 10 11:28

kenilworth 15 Apr 00:07
Opportunities for whom ?




Opportunities for those that can recognise over reactions.
By:
Alex the old wrinkled retainer
When: 15 Apr 10 11:29


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.
By:
1.01 Layer
When: 15 Apr 10 11:56
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.
By:
Alex the old wrinkled retainer
When: 15 Apr 10 12:09
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.
By:
Treble_Underscore
When: 15 Apr 10 12:11
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.
By:
kenilworth
When: 15 Apr 10 19:36
Treble, I thought everyone knew that.
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