Betting Exchange Trader by Ken Millard - HTML preview

PLEASE NOTE: This is an HTML preview only and some elements such as links or page numbers may be incorrect.
Download the book in PDF, ePub, Kindle for a complete version.

Generate a Guaranteed Profit no matter which team wins 

I can now calculate the Stake required to give me a Guaranteed Profit no matter which  team WINS. 

 

Back Stake= Return on 1st Bet÷Odds on 2nd Bet 

 

=  £101.00÷2.80 

 

=       £36.07 

Odds  Stake  Potential  Return  Profit  £  £  £