Help with calculations please!!!

[danjuma]

Hello everyone,

I hope somebody can assist me.

Say I lay a bet at odds of 1.58 for £100, and later back it at say odds of 2.32 for £65.95 for a guaranteed profit of £34.05.

If as the game progresses (in-play), the back odds increases to say 2.6, how do I calculate how much to back the new odds for a further guaranteed profit, and how do I continue to do this as the back odds increases?

Many thanks

[Smokin Joe]

Hello everyone,

I hope somebody can assist me.

Say I lay a bet at odds of 1.58 for £100, and later back it at say odds of 2.32 for £65.95 for a guaranteed profit of £34.05.

If as the game progresses (in-play), the back odds increases to say 2.6, how do I calculate how much to back the new odds for a further guaranteed profit, and how do I continue to do this as the back odds increases?

Many thanks

You can't

The reason that you have a guaranteed profit of £34.05 is because you have effectively closed your first bet by placing the second.

To then enter a 3rd bet leaves it impossible to have a guaranteed equal profit.

[danjuma]

Ok, thanks Smokin Joe.