LAY TO BACK EXCEL CALCULATIONS HELP NEEDED

Discussion regarding the spreadsheet functionality of Bet Angel.
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exfo9999
Posts: 2
Joined: Sat Apr 30, 2022 8:21 pm

Hi All,
Help needed please. I have made a hedging calculator in excel for laying first and to calculate the back stake required to return equal profits. It also includes a back commission and lay commission field where the required commission can be entered. I am having trouble with the formula for the back stake required after adding the commissions into the formula. Please could someone advise or help me. Thank you.
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Derek27
Posts: 17767
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

exfo9999 wrote:
Thu Nov 10, 2022 3:40 pm
Hi All,
Help needed please. I have made a hedging calculator in excel for laying first and to calculate the back stake required to return equal profits. It also includes a back commission and lay commission field where the required commission can be entered. I am having trouble with the formula for the back stake required after adding the commissions into the formula. Please could someone advise or help me. Thank you.
I've just scribbled this up for you, you'll find the formula in the cells.
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exfo9999
Posts: 2
Joined: Sat Apr 30, 2022 8:21 pm

That's perfect, just what i was trying to achieve. I really appreciate that thank you.
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