Lay bet with 5 ticks of profit

Discussion regarding the spreadsheet functionality of Bet Angel.
Post Reply
gaspino72
Posts: 4
Joined: Thu Nov 09, 2023 6:28 pm

Hi, sorry for my English. Thanks in advance for your help

I would like to place a LAY bet and after it is matched, it closes green up with 5 ticks of profit. How should I write the formula in Excel?
Thank you

Giuseppe
User avatar
conduirez
Posts: 298
Joined: Tue May 23, 2023 8:25 pm

gaspino72 wrote:
Wed Nov 15, 2023 8:30 pm
Hi, sorry for my English. Thanks in advance for your help

I would like to place a LAY bet and after it is matched, it closes green up with 5 ticks of profit. How should I write the formula in Excel?
Thank you

Giuseppe
I am assuming you wish to do a LAY bet at say 5 followed by a BACK bet at 5.5 which includes greening, this is easily done in Excel, the following formula gives you the stake you need to place on the Back Bet after you have placed £10 on the LAY bet.

[LAY bet price] x [LAY bet stake] / [BACK bet price] = [BACK bet stake]

so in Excel using the above figures

=5*10/5.5 the cell value would show 9.090909091 so you would need to place £9.09 on the BACK bet at 5.5

if the Back bet is also matched, this would net you £0.81 profit whether the selection wins or loses.
gaspino72
Posts: 4
Joined: Thu Nov 09, 2023 6:28 pm

Thanks, but I need the formula to write in the cell of column 9 in the bet Angel spreadsheet. Thank you
User avatar
ODPaul82
Posts: 689
Joined: Sun May 08, 2011 6:32 am
Location: Digswell Herts

="LAY OFFSET:5 WITH_GREENING:TRUE"
User avatar
conduirez
Posts: 298
Joined: Tue May 23, 2023 8:25 pm

gaspino72 wrote:
Thu Nov 16, 2023 10:54 am
Thanks, but I need the formula to write in the cell of column 9 in the bet Angel spreadsheet. Thank you
ODPaul as given you the formula, but it is in your own interest to read this page

https://www.betangel.com/user-guide/ins ... 3D&mw=MzIw

and subsequent pages.
gaspino72
Posts: 4
Joined: Thu Nov 09, 2023 6:28 pm

Thank you very mutch ODPaul82 e conduirez
Post Reply

Return to “Bet Angel - Spreadsheet / Excel chat”