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Profit Seeker
26th May 2005, 13:32
Is there a simple sum (as I'm too thick to work one out) to give you the exact stake you need to place on a trade to get equal profit for win or loss. For example, I back Liverpool to win World Club Cup at 3.2, 1-0 up at half time they go into 2.0 or whatever would be most likely. Is there a sum to work out how much liability or stake to lay to get same profit for a win or loss? And the same vice versa, lay at short odds, what stake to back at when price drifts? Or is there a calculator on the net to do the job for you?

Thanks in advance. :)
Win2Win
26th May 2005, 13:58
It shows you on Betfair if you set the options correctly.
Profit Seeker
26th May 2005, 14:03
Do you mean trial and error adjust stake til you've figured it yourself?
Win2Win
26th May 2005, 15:12
No it tells you in the right column your liability.
Onlyforfun
26th May 2005, 15:46
But he needs to work out the offset without messing around.


Try typing "dutching calculator racing" (without "")into google.co.uk with UK sites ticked. The first one is quite good, has dutching and arb calculators.
Win2Win
26th May 2005, 17:37
Messing around!! Clear as day for me :)
Profit Seeker
26th May 2005, 17:56
I know what you mean messing around. I know it shows you liability etc but your there working out everything when the odds are changing all the time so when you finally get it right you've got to adjust again. Its probably easy when you get used to it I know. Thanks OFF i'll have a look
kookooheed
29th May 2005, 07:48
there is a good hedging calculator on http://www.oddschecker.com/
Win2Win
29th May 2005, 09:04
I made a profit from the National field not using a calculator, what is up with people today, I remember the old days.....blah....blah....blah....
bigcumba
29th May 2005, 09:46
Keith and his amazing arbing abacus....:)
Win2Win
29th May 2005, 10:58
I use my fingers, toes. and balls :D
Stewards enquiry
29th May 2005, 11:13
Try http://www.ukhorseracing.co.uk/tools/DutchingCalculator.asp
MarcusMel
29th May 2005, 13:06
On betfair - if you are laying - you can type in the liability you want to lay to and it will work out the max stake for that liability.

To stake the win take one off the betfair value and then divide the amount to win by this value.

Back High odds, lay low odds for a profit.
John
29th May 2005, 15:15
Cheers Marcus, I didn't know that, it'll save me a lot of time when laying. :)