

« on: February 01, 2015, 08:11:01 PM » 

A friend of mine who is affiliate with bookmaker X , takes a 30% commision from what I lose ( I am the one registered at him) having the NoNegative Carry Over Policy, we think like this : With a stake of 2000 euroes , at a odd of 2 ( back  lay ) I put 1000euro on 2odd ( match favorite) on bookmaker X , and aproximately 1000Euro lay on odd 2 on exchanger Y. BUT !! I have problems on changing the "terms" of this arbitrage , in the next way.
If my BACK bet is winner , we will have profit 300 euro If my LAY bet is winner , we will have a 300 euro lose , which we will cover the next month with the affiliate commision (1000Euro lost on bookmaker X)
My question is for those experimented in trading , if they want to help me : How do I apply this method on odds of 1.30 , because I have a problem on calculating :
Back 1000 euro on odd 1.30  bookmaker X Lay = ?? What stake I must have on a LAYODD , in the same scenario I presented with odd 2 ? I need an formula that will make use of that 30%lossreturn comission that is integrated in the arb itself.
Thanks
