Calculations

[godspeedba]

Can anyone help me out with a problem I have?

I have been tracking data on certain sports and I need to work out what the hedged amount would be.

For example
I have £10 Lay bet matched at Odds of 5.
Then £10 Back bet matched at Odds of 6.

Obviously this wields £50 from back side and -£40 from the lay side(not counting commission), but how can I correctly calculate the hedged value?

Many thanks in advance.

[Dallas]

Here you go
viewtopic.php?f=47&t=13077

[godspeedba]

Awesome, thank you Dallas