Hi,
I would like to evenly distribute loss by the following method and wondered if an option is available or what formula I could use. In both cases using the Fav (same)
example:
Lay 1.30 5.00
dist loss when back odds drop by 20% so would do the following
calculate 1.30 * .8 = 1.04
so the bets would be
Odds Amt Prof/Loss
Lay 1.30 5.00 -1.25
Back 1.04 6.25 -1.25
How can I arrive at the above "back" bet
Many thanks
R