Betting Exchange Trader by Ken Millard - HTML preview
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Generate a Profit situation if Gloucestershire Lose and a No Lose situation if they Win
I can now calculate the Stake required to give me a profit if Gloucestershire LOSE and a No Lose situation if they WIN.
If I am looking for a No Lose situation if Glouces tershire WIN (Worcestershire LOSE) my Payout needs to be the same as the Potential Profit from my Worcestershire LAY bet i.e. £50.00
I can now calculate my stake by dividing the Potential Payout from my Gloucestershire LAY bet by the Gloucestershire LAY odds less 1. = £50.00÷(1.50 1)
=£100.00