General Betting
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Probably a silly question but what's the proper calculation for lay odds?
Say your laying 100 @ 5.0 this works out at 1.25. What's the proper calculation?
thanks
Say your laying 100 @ 5.0 this works out at 1.25. What's the proper calculation?
thanks
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Y=(1/(X-1))+1
where X are the normal odds, Y the inverse/lay odds
where X are the normal odds, Y the inverse/lay odds
Download the Arbcruncher and there is a Price Inverter tool at the bottom. I always use it because you can get confused...
x / (x-1) is an easier way of writing/calculating it. So if the odds are 5.0 then it is 5.0/4.0 = 1.25
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