Morning all,
Hope everyone is safe and well - roll on the weekend.
Quick question about Laying and fixed Liability. I'd like to know how to solve the Lay stake when a fixed Liability is the constant.
So, for example, if my fixed liability is £60, and the BAL (Best Available Lay) is 7.0 - this is also the max odds I would Lay - then I would stake £10. If the BAL is 4.0 then I would stake £20 and if the BAL is 3.0 I would stake £30.
So, if:
Liability = (Backers stake * (Lay odds – 1)
I would like to solve x when:
£60 = (x * (Lay odds – 1)
Many thanks!
Cheers,
G.
Hope everyone is safe and well - roll on the weekend.
Quick question about Laying and fixed Liability. I'd like to know how to solve the Lay stake when a fixed Liability is the constant.
So, for example, if my fixed liability is £60, and the BAL (Best Available Lay) is 7.0 - this is also the max odds I would Lay - then I would stake £10. If the BAL is 4.0 then I would stake £20 and if the BAL is 3.0 I would stake £30.
So, if:
Liability = (Backers stake * (Lay odds – 1)
I would like to solve x when:
£60 = (x * (Lay odds – 1)
Many thanks!
Cheers,
G.