ie
Back odds 4.2
Lay odds 3.85
what is the calculation/maths for the % profit/loss for equal p/l?
not stakes needed, just the p/l as % of your initial stake
EQUAL PROFIT/LOSS
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EQUAL PROFIT/LOSS
by alrodopial » Tue Nov 19, 2013 1:20 pm
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by kiint » Tue Nov 19, 2013 4:40 pm
If you back first, then:
% profit= ((o1/o2)-1) × 100
If lay first then it is:
% profit= (1-(o1/o2)) × 100
% profit= ((o1/o2)-1) × 100
If lay first then it is:
% profit= (1-(o1/o2)) × 100
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