the level profit formula

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the level profit formula

Postby thonggruss » Wed Feb 08, 2012 4:13 pm

sorry guys i just couldnt get the formula right.

May i know what is the formula for level profit

let say i back $4@10.50 and lay $4@10.00
so now i have the balance of $2

i decide to take the level profit at 7.40
so the stake should be 2/7.4 ? or 2/6.4 or any other idea?

thank you!
thonggruss
 
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Postby thonggruss » Wed Feb 08, 2012 4:23 pm

or is there any better formula ? cheers guys!
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Postby milfor » Wed Feb 08, 2012 5:32 pm

2 / 7.4
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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.

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