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27 May 10 12:08
Joined:
Date Joined: 07 Aug 06
| Topic/replies: 19,297 | Blogger: Alex the old wrinkled retainer's blog
I have a complete mental block on this and I am ashamed to ask as this should be so easy.


Suppose that you have a pink book standing at say 95% with shedloads of runners.  You have your eye on one of the runners to lay which stands as an example at 1.9.  In order to lay everything for a profit on a 100%+ effective pink book what does that runner need to be pitched at as a maximum price and what is the calculation?

Many thanks in advance to those that don't have a mental block this morning.
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Report Alex the old wrinkled retainer • May 27, 2010 12:13 PM BST
ie the pink book stands at 95% with that runner sitting at 1.9.  So with all other prices remaining static what price should that be to take the pink book to 100%+?
Report Bridgeboy • May 27, 2010 12:21 PM BST
Just lay Jigajig. . .
Report Hayden • May 27, 2010 12:33 PM BST
http://www.oddschecker.com/betting-tools/hedging-calculator.html


Not sure what level you are at Alex and this may or may not be of any assistance.

Good luck
Report diggler • May 27, 2010 12:37 PM BST
1.73 alex
Report Alex the old wrinkled retainer • May 27, 2010 12:47 PM BST
HAYDEN     27 May 10 12:33 
http://www.oddschecker.com/betting-tools/hedging-calculator.html


Not sure what level you are at Alex and this may or may not be of any assistance.

Good luck



How does the hedging calculator help me?  I use the dutching calc normally but I am looking at markets with many more than 12 runners and the maths ought to be easy.
Report Alex the old wrinkled retainer • May 27, 2010 12:48 PM BST
Thanks diggler.  Using a calculator and a piece of paper, how you do you get to that figure?
Report diggler • May 27, 2010 12:52 PM BST
i do 100/1.9  = 52.63% . then add the 5% on (to make the book to 100%)  and then do 100/ 57.63
Report Alex the old wrinkled retainer • May 27, 2010 12:58 PM BST
diggler     Joined: 06 Mar 04
Replies: 179 27 May 10 12:52 
i do 100/1.9  = 52.63% . then add the 5% on (to make the book to 100%)  and then do 100/ 57.63


I am slowly getting there.  Thanks diggler.
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