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henry14
29 Jun 11 11:23
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Date Joined: 28 Mar 11
| Topic/replies: 1,020 | Blogger: henry14's blog
I backed Lisiki and Azarenka at the start of the tournament only for £2 each (Im a beginner at this trading business). I then backed Kvitova at 5.5 for a £5 stake. So the only player i was in red on today was Sharapova.

Since I am trying to build my back i decided to even the money out on all players to assure a profit and had roughly £10 green on all 4 players. However being an idiot I decided to mess around and now have a book that shows

Sharapova - £10.40
Kvitova   £6.02
Azarenka  £2.55
Lisiki    £2.32

Whilst this is a avaliable lesson for me (Dont mess about before doing your maths) im now desperate to green this market back up for whatever profit i can get since my only aim at the moment is to build my bank.

I personally cant get my head round this maths or workout if I can even get back into the position i was in. Therefore I am asking any of you better traders for advice on how to reverse my mistakes. I appricate you are probaly all busy trading but any help would be greatly appreciated.

The current odds are:

Sharapova 2.28
Kvitvo    4.6
Azarenka  4.7
Lisiki    7.2

Thanks in advance for any Help

Ps: yes I am an idiot and deserve any abuse [:p]
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Report Lori • June 29, 2011 6:38 PM BST
To get level (red or green, can't be arsed to work it out ) you need to do the following:

Take Sharapova as your base.

To get Kvit and Shara the same you need to find the difference (£6.02 minus -£10.40 = £16.42)

in the betfair box for laying, switch to "payout" rather than liability

Click lay on Kvitova and click the payout link. If you're happy with the odds you're laying, enter £16.42 in the box. Your red on Shara and Kvit will now be the same and the other two will get greener.

Now do the same for Azarenka. so it should be, £12.95

Repeat for Lisiki

All should now be the same.
Report Lori • June 29, 2011 6:39 PM BST
Make sure you have "More options" and "Display what if figure" ticked. It will make your life easier too
Report henry14 • June 30, 2011 9:50 AM BST
Thanks for the Advice Lori.

Greatly Appreciated
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