24th August 2011, 05:39 AM
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Member
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Join Date: Jan 1970
Posts: 4,367
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Quote:
Originally Posted by Shaun
I am running some tests and need a formula that i just can't work out, here is the situation i have.
I lay a runner for $20 then lay each other selections for a liability of $30, a lot of the time i make a profit on the other selections but sometimes there is no profit on any selection.
What i need is a formula to insure i get a profit on the other selections, what would be the best way to do this.
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Providing the market is 100% or more, the easiest way is to adjust your $20 stake up or down according to the price of the runner.
The shorter the price of your lay selection, the more likely you are to lose on the other runners betting this way because your liability is a lot less on a short price when using fixed stake of $20. (than the $30 liability on the others).
I think I know what you're trying to do with this method, it's something I've investigated myself.
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