Formula for a Dutch Lay bet?

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Formula for a Dutch Lay bet?

Postby bac998 » Thu Jan 24, 2008 4:10 am

Hi Guys,

I've trawled the net and can't find what I want.

I am looking for the formula that gets me the staking plan for a fixed stake to do a Dutch Lay.

e.g. I have two runners that I want to lay at 1.1 and 1.95 (I wish), and I have a stake of 100 - how much should I lay on each to give me the same profit whichever wins?

My brain is frazzled - any help appreciated :)

Tahanks,
Bruce
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Postby GaryRussell » Thu Jan 24, 2008 8:00 am

Maths is not my strong point, but I have made a spreadsheet which calculates the stakes, there may be more elegant formulas as it does the calculation in two steps.

Here it is http://www.gruss-software.co.uk/Excel/Dutch_Lay.xls
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Postby bac998 » Thu Jan 24, 2008 9:50 am

Thanks Gary!
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