Greening up

Discuss anything related to using the program (eg. triggered betting tactics)

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Greening up

Postby johnnic » Wed Jul 14, 2010 5:37 am

In an event in which there can only be one of two outcomes (eg a tennis match) it is a simple process to establish the 'green up' bet without any reference to previous bets one has taken.

=(MAX(outcome 1, outcome 2) - MIN(outcome1, outcome2))/the current back/lay odds (dependant on which provides the better return).

I would like to be able to extend this approach to instances when there are three (but not more) possible outcomes.

Can anyone throw any (useful) advice my way?

John
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Postby jokerjoe » Wed Jul 14, 2010 9:39 am

We've been discussing the problem here http://www.gruss-software.co.uk/forum/viewtopic.php?t=2813&start=54. I'm going to post there to carry on the thread.
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Postby johnnic » Wed Jul 14, 2010 10:25 am

Thanks JokerJoe, very useful.

John
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Sports betting software from Gruss Software


The strength of Gruss Software is that it’s been designed by one of you, a frustrated sports punter, and then developed by listening to dozens of like-minded enthusiasts.

Gruss is owned and run by brothers Gary and Mark Russell. Gary discovered Betfair in 2004 and soon realised that using bespoke software to place bets was much more efficient than merely placing them through the website.

Gary built his own software and then enhanced its features after trialling it through other Betfair users and reacting to their improvement ideas, something that still happens today.

He started making a small monthly charge so he could work on it full-time and then recruited Mark to help develop the products and Gruss Software was born.

We think it’s the best of its kind and so do a lot of our customers. But you can never stand still in this game and we’ll continue to improve the software if any more great ideas emerge.