Green-Up/Hedge Help.

[thunderfoot]

I need help in understanding how to manually green-up/hedge bets. Once I understand the maths involved in this then I will make-up an EXCEL spreadsheet to calculate all possible scenario's, and make it available to anyone who wants a copy.

Scenario ..... 4 selections in 1 event.
Selection 1 ..... Back/Lay Odds = 4.00/4.02
Selection 2 ..... Back/Lay Odds = 5.00/5.02
Selection 3 ..... Back/Lay Odds = 6.00/6.02
Selection 4 ..... Back/Lay Odds = 7.00/7.02

1) If I'm showing a 'green' profit of £20 on selection 1 and zero on the other 3 selections then to gain a profit regardless of who wins, do I place another Lay bet of £20 at Lay Odds of 4.02 against selection 1, or do I first divide the £20 by the 4.02 Lay Odds and place that amount, £4.98, at Lay Odds of 4.02 against selection 1?

2) What would I do if I'm showing a 'green' profit of £20 on selection 1, a 'green' profit of £5 on selection 2 and zero on the other 2 selections?

3) What would I do if I'm showing a 'green' profit of £20 on selection 1 and a £5 'red' loss on selection 2, the other 2 selections being zero?

4) What would I do if all selections were showing a 'red' loss, the greatest being £20 on selection 1 and £5 on selection 4?

[cepop]

Hi

I always run Bet Angel basic along side betfair trader, this enables me to use the green button on bet angel after i have traded with betfair trader.

Chas

[thunderfoot]

Hi

I always run Bet Angel basic along side betfair trader, this enables me to use the green button on bet angel after i have traded with betfair trader.

Chas

Unfortunately neither application works on Poker/Blackjack exchanges!!!