View Full Version : Spreadsheet formula help
Jonny2621
9th March 2007, 23:11
Im trialling some sports bets with variable staking
Column A = True odds, i.e. Betfair -1
Column B = Stake Required
Column C = Rolling bank
No odds on bets
Odds 1.0 -4.0 1%
Odds 4.1 - 6.9 0.6%
Odds 7.0 - 10.5 0.3%
Can you have a formula that from the odds entered the stake is worked out ? Or is it not possible to work within bands this way ?
I bow to the excel experts of the forum :)
cheers
mathare
9th March 2007, 23:20
Enter the following into B1 (in fact in all of B)
=IF(A1<1,0,IF(A1<=4,0.01*C1,IF(A1<7,0.006*C1,IF(A1<=10.5,0.003*C1,0))))
Jonny2621
9th March 2007, 23:51
How did I know Mat would come to my rescue ? :D
cheers Mate
Jonny2621
10th March 2007, 00:03
What freaks me out is that taking it bit by bit, i actually think i understand it too :ooo
mathare
10th March 2007, 00:07
What freaks me out is that taking it bit by bit, i actually think i understand it too :oooThat's because none of this is that hard :)
All you have there is nested IF,THEN,ELSE statements. Powerful but simple
Jonny2621
10th March 2007, 00:21
That's because none of this is that hard :)
Well, I wouldn't go that far !
mathare
10th March 2007, 00:23
Well, I wouldn't go that far !:laugh Good job you have an expert around when you need one then. Just keep shining the beacon and I'll do what I can to help :)
Win2Win
10th March 2007, 09:55
How did I know Mat would come to my rescue ? :D
cheers Mate
Beacuse the rest of us can't be :butthead: answering and know he'll do it :laugh
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