Author Topic: calculations (profit)  (Read 461 times)

Tags:
  • All members
  • Posts: 62
calculations (profit)
« on: 24 May 2022, 13:10 »
Hi

I'm using a lay at sp to open up a position. and then I have another trigger set to take 10% profit with a 50% profit ratio (same p/l on every selection)

I've been trying to work out the calculations to get the stake and the odds for the back bet from the original stake and odds from the opening lay bet but I can quite figure it out

one of the bets was the opening lay at odds of 3.83 for a £9.55 stake (£27.03 liability) which then placed the back bet of £8.50 at odds of 4.3

I can work out how to arrive at the £8.50 stake given odds 4.3, or odds of 4.3 given a stake of £8.50 but I cant understand how the program calculates both the back odds and back stake

thakns, Gary


 

  • Tim Vetrov
  • Administrator
  • Posts: 4870
  • Gender: Male
*
Re: calculations (profit)
« Reply #1 on: 24 May 2022, 18:31 »
Hello,

Have you seen that article:
10 Facts About Green-up in MarketFeeder Pro

Proud to be 🇺🇦
I'm happy to help Monday - Friday, 08:00-18:00 GMT
Буду рад помочь с понедельника по пятницу, 08:00-18:00 GMT

  • All members
  • Posts: 62
Re: calculations (profit)
« Reply #2 on: 25 May 2022, 12:21 »
I hadn't seen that one. thanks Tim

 

Please note, BetFair is seems to be currently OFFLINE