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#1
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How much is 6.5%?
When I am faced with Odds of say , $4 Fixed , and say $4.20 on Betfair , I need to know which is the best Value.
What is the Formula that converts Betfair Odds into Odds after deductions? I wish to place it in my Excel Sheet. |
#2
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Try $4.20 (Betfair) x 0.935 = 3.927 ?
LG
__________________
The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB |
#3
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Almost
((($4.20-1)*0.935)+1) |
#4
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Yup.
Cant believe I cocked that up, Have been performing that little calc in my head, Most of my adult lifetime in other markets! Thanks raven PS Should have recognised you over there, Black bird tapping on a calc with beak
__________________
The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB |
#5
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Unconfused
Thanks Raven!! |
#6
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Stick this in excel
Your best fixed price in cell A1 BF Fixed price in cell B1 Your current betfair percentage in cell C1 in D1 put =(((B1-1)*0.935)+1)
__________________
One Drive "If the corporates are treating you poorly , just go elsewhere." "If they need you , they will soon find out." "If you need them , you will soon find out." --moeee _______________________________________________ |
#7
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I see.
What was concerning me was that the 6.5% only applied to the winning portion of the Wager and did not include the initial investment. So I was figuring maybe it wouldn't be so obvious as 0.935 times the advertised Price. EDIT ; Didn't see your post Raven - that sounds a little more like it , but all them brackets confuse me Last edited by moeee : 5th July 2012 at 06:44 PM. |
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