Hi All,
Im not sure if this has been covered before but im struggling to find any info on it.
I am trying to make a table up where i can calculate my profit or loss when laying a market.
But i am struggling with calculating the profit/loss.
As an example:
Lets say I lay a market at 2.2 and my desired profit is $100, then my liability is (100*2.2)-100= $120.
How can i calculate my profit / loss when the odds shorten or rise?
Any help much appreciated!