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  • #1 by mikethebet on 20 Feb 2016
  • Hi
    Is there a market term for the profit on my successful back bet for example £10 at 2.10
    returns £10-45 profit after commission so it is the £10-45 I wish to use in my next calculation.
    I have tried a couple of ones but with no success.
    Mike
  • #2 by mcbee on 20 Feb 2016
  • hi
    it would be (10*(2.10-1))*(1+commission)=11.55 profit (depends on your commission rate, mine is 6%,normal 5%)


    mcbee
  • #3 by mikethebet on 20 Feb 2016
  • Hi,
    Thanks for the reply,
    I was looking for something like back_payout so that I can uses for example back_payout *0.5
    as my stake on the lay bet.
    I have tried this but it does not work with back_payout,
    The idea being to only risk part of the back bet profit as a part saver on the lay bet. So I reduce the maximum
    potential loss but keep some of the potential profit from the back bet.
    Mike
  • #4 by mcbee on 23 Feb 2016
  • hi
    use       profit_loss*0.5


    mcbee
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