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Looks like you would be very unlucky
not get at least a 6 fold up which, depending on which one made up the six, gets you a some return, around $80, for a loss of about $200, but it's how you feel about it, as getting the last 3 up, is unlikely (around 10/1) There is a formula for working out these things manually but I'm not clever enough to lay it out on here, for you to understand it. Perhaps someone else might.. GL would at least |
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When are the next matches off? I'm off out for lunch in a mo but I can do the whole thing later if it's not too late. By my (albeit hasty) calculations the 8-fold is worth $781 at the moment and the 7-folds are worth $930. The 6-folds are probably worth considerably more (around $2500?). Almost all of your equity (the 781, nearly 90% of the 930, and probably 80% of the c2500) is going on to the next leg so some kind of fairly lumpy lay would be sensible. A lot depends on what you make the true price of the 1.75 shot
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Another hasty calculation makes the 6-folds worth 1758 at the moment, so your total equity is 3469 and about 2500 is going on to the next leg. From that you should be able to make a decision. Don't take my word for it though as I may well have made a mistake!
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Lay the last three in a treble for $700.
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