Author Topic: Amount to win (back bets on singles)  (Read 661 times)

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Amount to win (back bets on singles)
« on: 05 Sep 2018, 21:46 »
Hi there,

Does anyone know the formula to place a bet for target profit instead of exposure on single back bets,
Ive searched the world before coming here, something really simple but cant put me finger on it, i know lay side liability is "stake / (lay_price-1)" but doing the same on the back side but yields something completely different to what i need, also known as amount to win.

Thanks
Kev

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Re: Amount to win (back bets on singles)
« Reply #1 on: 05 Sep 2018, 22:00 »
hi
stake/(back_price-1)
if you want exactly stake  , then  (stake/(back_price-1))/(1-commission)


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