27th August 2006, 12:21 PM
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Member
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Join Date: Jan 1970
Location: Sydney
Posts: 402
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Quote:
Originally Posted by Crackone
Thanks for your reply jfc
What I am looking for is the place price that it will pay for a place eg $1.34 with this formula and all the ones I came up with return $0.93
cheers
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=(A1-1)/4+1
with this 5.00 decimal odds in A1 gives 2.00 Place which is correct.
3.70 => 1.675 suggesting your $1.34 is wrong for 1/4 odds
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