Desired betting average on profit and loss

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azfyazfy
Posts: 74
Joined: Wed Aug 29, 2018 5:12 pm

My question is I want to make my own betting average when odds comes in my favour. So I want to laid player B at 0.5 how
For example:
Player A odds is 0.6
Player B odds is 1.66

And after sometime odds changed
Player A odds is 0.9
Player B odds is 1.1

I laid player A @ 0.6 $1000 and back @ 0.9 $1275 so now on player A I am winning $547.5 and on player B I am loosing $275. So my average is 0.5022. now it means I laid player B at 0.5022.
I did this calculation manually I want to make it on a excel sheet.

Guys please help me on this

Thanks
User avatar
gazuty
Posts: 2547
Joined: Sun Jun 26, 2011 11:03 am
Location: Green land :)

azfyazfy wrote:
Sun Jun 20, 2021 9:44 pm
My question is I want to make my own betting average when odds comes in my favour. So I want to laid player B at 0.5 how
For example:
Player A odds is 0.6
Player B odds is 1.66

And after sometime odds changed
Player A odds is 0.9
Player B odds is 1.1

I laid player A @ 0.6 $1000 and back @ 0.9 $1275 so now on player A I am winning $547.5 and on player B I am loosing $275. So my average is 0.5022. now it means I laid player B at 0.5022.
I did this calculation manually I want to make it on a excel sheet.

Guys please help me on this

Thanks
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And you don’t want to just press the green up button on Bet Angel? Or set a target green all in guardian?
User avatar
azfyazfy
Posts: 74
Joined: Wed Aug 29, 2018 5:12 pm

I don't want to loose my value by doing greening up
User avatar
azfyazfy
Posts: 74
Joined: Wed Aug 29, 2018 5:12 pm

I want to know exact calculation how it works
User avatar
gazuty
Posts: 2547
Joined: Sun Jun 26, 2011 11:03 am
Location: Green land :)

azfyazfy wrote:
Mon Jun 21, 2021 1:55 am
I want to know exact calculation how it works
I’m struggling with your precise question and I fear a potential language and syntax barrier.

So are you asking this.

What are the odds of player B that if you layed play B for 275 you would produce a win of 547.50?

275/ x = 547.50

275 = 547.5x

X = 275/547.5

X = 0.5022
User avatar
azfyazfy
Posts: 74
Joined: Wed Aug 29, 2018 5:12 pm

I want to make my own profit loss average.
right now I am getting 0.5, but if I want to make it around 0.25, so how will I calculate
User avatar
azfyazfy
Posts: 74
Joined: Wed Aug 29, 2018 5:12 pm

Is there anybody who can solve this question,
It's a biggest challenge
User avatar
gazuty
Posts: 2547
Joined: Sun Jun 26, 2011 11:03 am
Location: Green land :)

Am I right that you want to determine the back stake to apply at the relevant point to produce 0.25?

If so the formula is as follows

Bs= (Ls - 0.25LoLs)/(1-0.25Bo)

Where
Bs is the back stake
Ls is the lay stake
Lo is the lay odds (as you have presented them ie already reduced by 1)
Bo is the back odds (again as you have presented them)

Using your fixed amounts from above you get

Bs = (1000 - 0.25 x 0.6 x 1000)/(1 - 0.25 x 0.9)

Bs = 1096

So if you back at 1096 your win result is 386 and your loss result is 96. It’s as if you laid 96 at 0.25.

Is that what you are trying to achieve?
User avatar
azfyazfy
Posts: 74
Joined: Wed Aug 29, 2018 5:12 pm

Exactly I am trying to achieve this only.

I really appreciate for your hard work and time.

Keep doing a good work

Thanks a ton
User avatar
azfyazfy
Posts: 74
Joined: Wed Aug 29, 2018 5:12 pm

azfyazfy wrote:
Sun Jun 20, 2021 9:44 pm
My question is I want to make my own betting average when odds comes in my favour. So I want to laid player B at 0.5 how
For example:
Player A odds is 0.6
Player B odds is 1.66

And after sometime odds changed
Player A odds is 0.9
Player B odds is 1.1

I laid player A @ 0.6 $1000 and back @ 0.9 $1275 so now on player A I am winning $547.5 and on player B I am loosing $275. So my average is 0.5022. now it means I laid player B at 0.5022.
I did this calculation manually I want to make it on a excel sheet.

Guys please help me on this

Thanks
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