Multi Profit Dutching

[Vincent]

Hi All

Help or guidance needed. I’m trying to create a spreadsheet for Dutching were I can set individual profits for each selection.

Fixed Stake or Set Profits calculations are not a problem; it’s taking the Dutching Formula to the next level.

The maths/formula involved is doing my head in!

I know that there is at least one to buy piece of software that may or not do exactly this, but I’m a great fan of gruss and probably like most of you I like to test out ideas using spreadsheets so I can modify ideas if needed.

So if anyone can point me in the right direction I would be most grateful.

[filo]

Can't help with the maths i'm afraid (it does my head in too), but what you're describing i believe isn't dutching, but

Hutching [click]


Don't know if that helps or not.

[Vincent]

Hi filo

I must admit I'd never heard of 'Hutching' so I checked out your link. Very similar to what I was trying to achieve.

In my case instead of entering the amount to stake on each selection, I wanted to set the Target Profit for each selection (including negative values) and have the spreadsheet calculate the stakes required.

Thanks for taking the time to reply.

[filo]

Nice one Vincent!

[throwmeadisc]

Hi Vincent,

Did you get anywhere with the calculations for the method that you describe? I also would be very interested in finding out a formula/spreadsheet to perform this.

Cheers,

Al

[Vincent]

Hi throwmeadisc

Send me a PM with an email address and I'll send you something that may be of use to you.


Vincent