Can someone put me onto a free lay betting conversion calculator that converts win price into lay prices.

Cheers.

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Cheers.

The mob with the best handle on LAY betting is ****************************************
I would direct my enquiries there .
Both Matt and Jess are very genuine and helpful.
Cheers.
darky.

Bhagwan,

If I understand your question correctly, you are looking for the price that corresponds to the one you're looking at to bring the total to 100%. For example: $2.00(50%) vs $2.00(50%), or $5.00 (20%) vs $1.25 (80%).

If so, I don't know of any calculators available, but you can make your own. Using Excel, type your win price (dividend) into A1. In another cell, type:

=(1/(A1-1))+1

This should bring up the figure you're looking for.

Hope this helps,

Cheers,

H.

Again i am not sure if this is what you are looking for but try the 'hedging calculator' at "oddschecker".

Hope this helps

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I like Bing Lee.

I found this site which looks interesting.
The only question is , it can only work if punters take up your price.
How can one make sure they do?

http://www.systembetting.co.uk/calculator/sysblayc.htm

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Cheers.

Hi Bhagwan

I too am not sure what you are after but the lay price is the opposite or inverse of the back price.

If a horse can be backed at 5/1 to win then backing it to lose would be 1/5

Because they will be priced in decimal the 5/1 will be 6.0
To get the decimal lay price you have to take 1 fom the 6 leaving 5
Divide the 1 by 5 =.2
Add the 1 back = 1.2

On Betfair placing $2 in the backers stake box give a liability of $10. In effect the $10 is your stake and the $2 is what you win so the odds are 4/10.

4/10 = .2 but because decimal prices include the stake 1 must be added back to get the 1.2

Now I'm confused