General Betting
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If I lay an outcome at odds of 1.5 to win £20 and risk £10 liability.
If the odds rise to 2.5 what would I need to stake to green up on all outcomes?
Is there a formula to work this out?
If the odds rise to 2.5 what would I need to stake to green up on all outcomes?
Is there a formula to work this out?
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Stake 1 * Odds 1 = Stake 2 * Odds 2
£20 * 1.5 = Stake 2 * 2.5 Therefore, Stake 2 = £12 to green up equally on all outcomes |
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Sorry can you explain that further please? maths not a strong point, so don't understand how you get 12 in that example.
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use the what if option on options just over markets on right hand side and play around with it
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yeah i could use that and also use chromaweb but wanted to know the formula so i could do the sums in play when time is aginst me.
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In your case, the original backer stake at 1.5 was £20 (don't do it considering the liability).
At later odds of 2.5, New Stake= 1st stake x 1st odds/2nd odds = 20 x 1.5/2.5 = 12 Profit = Stake 1 - Stake 2 = 20-12 = 8 (whatever outcome) Redding out is the same, and in the case (Stake 1- Stake 2) is negative, and will be the loss for all outcomes. Just stick it in a spreadsheet. |
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www.strugar.info/pl/Back - Lay calc.xls
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Thanks Andriy, that is what i was after.
top2rated, thanks for the link that works for me as well. |
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http://www.chromaweb.com/bets/calculator/index.php
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