
21st January 2007, 05:52 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 Benny
I'm looking to make a profit of $2 a bet. I've tring to write a formula using excel to work out my bets.
=A1/B1=D1
where a1 is the odds, b1 is the bet, and d1 is the profit.
benny
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In B1 enter:
=D1/(A1-1)
Bet=Profit/(Odds-1)
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