Back Lay formula

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dtrom1000
Posts: 5
Joined: Tue Jul 12, 2016 8:37 pm

Hi,

Hoping someone can help. I have just signed up to Bet Angel Professional and loving it! However, I currently use a website to calculator back and lay bet stakes but come across a problem.

I then select the Back/Lay option. I normally Back first and Lay later. However, when I lay, I often can't get all my bets as one odd - i.e. some may be accepted at say 5.1 and some at 5.2 depending on availability. Is there a calculator or formula I can use to use a number of lay bets at various odds against one back bet at one fixed odd?

Hope this makes sense.

Thank you.
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Dallas
Posts: 23492
Joined: Sun Aug 09, 2015 10:57 pm

Once you have placed your opening bet you can just click on the figures in the trade profit columns on either the one-click or ladder screen and BA will calculate and submit the amount required to exit at those odds for that profit, otherwise you can use the 'trade profit calculator' if you want to work out your closing stakes manually.
dtrom1000
Posts: 5
Joined: Tue Jul 12, 2016 8:37 pm

Many thanks for the reply. I am automating this though in Excel so not sure how to achieve this.
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