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General Betting
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27 May 10
12:08
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Date Joined:
07 Aug 06
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.
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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Replies: 8
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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%+?
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Just lay Jigajig. . .
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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 |
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1.73 alex
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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. |
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Thanks diggler. Using a calculator and a piece of paper, how you do you get to that figure?
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i do 100/1.9 = 52.63% . then add the 5% on (to make the book to 100%) and then do 100/ 57.63
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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. |