Im working with this formula:liability is 183,22 (back 200 @ 1,96) Lay odds is 1,86 However I dont understand how to calculate what I need to lay to get this liability?? anyonw have a chance to help me with formula

Quote from: AceJack on August 23, 2016, 05:29:19 PMIm working with this formula:liability is 183,22 (back 200 @ 1,96) Lay odds is 1,86 However I dont understand how to calculate what I need to lay to get this liability?? nvm I had already included this in my formula , Thanks a lot anyonw have a chance to help me with formulaBackers stake of 213.05 Formula is 183.22 divided by odds-1 183.22/0.86 = backers stake

Im working with this formula:liability is 183,22 (back 200 @ 1,96) Lay odds is 1,86 However I dont understand how to calculate what I need to lay to get this liability?? nvm I had already included this in my formula , Thanks a lot anyonw have a chance to help me with formula

Quote from: dealer wins on August 23, 2016, 05:38:59 PMQuote from: AceJack on August 23, 2016, 05:29:19 PMIm working with this formula:liability is 183,22 (back 200 @ 1,96) Lay odds is 1,86 However I dont understand how to calculate what I need to lay to get this liability?? nvm I had already included this in my formula , Thanks a lot anyonw have a chance to help me with formulaBackers stake of 213.05 Formula is 183.22 divided by odds-1 183.22/0.86 = backers stakeand i forgot there is of course 2% commission for the lay bet, how do I include this in you formula ?

Without doing any math, you know you should back a stake a bit lower than the lay stake. Such as 50, 51 up to 54And you also know that your winnings (stake * (back odds-1)) should be greater than the lay liability.So if you try with 50 you get50 * 2.42 = 121 (greater than 117.26)This does not take commission into account. The exact value needs a formula a bit complex (not space science anyway).