On my spreadsheet I have in one cell the number 6 which is the odds then in another cell I have the number 100 which represents the amount I want to win.
When I divide 100/6 it gives me 16.66 so if I stake that amount I win 100 but in reality I win 83.33.
A stake of 25 wins me 125 in total so the amount i win is 100.
I've been trying for ages to try and derive 25 from odds of 6 and the amount 100 but have failed everytime.
Can someone help with this?
Thanks