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Old 3rd April 2006, 05:03 PM
jfc jfc is offline
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Join Date: Jan 1970
Location: Sydney
Posts: 402
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For brevity call your selection A

Your $10 back @4.6 yields

+$36 A Wins
-$10 A loses

Your $10 lay @4.5 yields

-$35 A wins
+$10 A loses

The combination yields

+$1 A wins
$0 A loses

A lost so you lost $0

If A had won you would have won $1.

After a maximum 5% commission you would have won at least 95 cents.
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