Neutralising

Please post any questions regarding the program here.

Moderator: 2020vision

Post a reply

Neutralising

Postby sunagon » Wed Sep 27, 2006 7:34 pm

Can anyone help ?

Neutralising

Bet Stake Odds Profit Liability

L......2.......3.25...............4.50
B......2.......3.30...4.60
L......2.......3.40...............4.80
B......2.......3.45...4.90
B......2.......3.50...5.00

Lay odds have now drifted to 4.10.

My question is.....what stake should I now lay at these odds (4.10) to neutralise the situation so that I have no liability.

Is there a formula or better still a calculator to enable me to do this ?

Thanks for your help.........Brian

:D
sunagon
 
Posts: 26
Joined: Mon May 01, 2006 9:21 pm
Top

Postby GeorgeUK » Wed Sep 27, 2006 9:03 pm

Not sure about a calculator - most on here use excel.

This post should help a little - you can do lays or backs depending on the odds
http://gruss-software.co.uk/forum/viewt ... ight=#3080

This might also help if you haven't used excel much and want the formulas. Not sure it's exactly what you are looking for, but might help.
http://www.punterslounge.com/forum/show ... hp?t=33713
previously known as Gaseous (on the betfair forum)
User avatar
GeorgeUK
 
Posts: 315
Joined: Sat Nov 19, 2005 10:18 pm
Location: Scotland
Top
Post a reply
Return to Help

Who is online

Users browsing this forum: Google [Bot] and 20 guests

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.

Powered by phpBB® Forum Software © phpBB Group