Can you tell me how this function works out the money to bid please?
the use is lay at 1.99..... "LAY-TL3-SLF1.5-L-IP"
I have tried it a few times now and it works.....but does not seem to apply the odds I though it should
Regards
Dave
SLF action
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SLF action
by dflowe » Tue Nov 20, 2012 2:34 pm
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by GaryRussell » Wed Nov 21, 2012 9:38 am
eg. Lay £5 @ 1.99, back @ 2.04
(1.99 / 2.04) X £5 = £4.88
The calculation is based on requested odds so if the actual odds matched are different then it won't produce an exact level profit/loss. This will happen frequently in a fast moving market. Maybe this is what you are observing. You can check the transaction log under the accounts menu to check the odds actually requested.
(1.99 / 2.04) X £5 = £4.88
The calculation is based on requested odds so if the actual odds matched are different then it won't produce an exact level profit/loss. This will happen frequently in a fast moving market. Maybe this is what you are observing. You can check the transaction log under the accounts menu to check the odds actually requested.
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