24th August 2011, 10:22 AM
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Member
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Join Date: Jan 1970
Posts: 1,096
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Quote:
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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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Hi Shaun, I don't lay bet at all and quite honestly don't really understand the finer points of it.
However your problem is simply of odds, you cannot bet a set amount regardless of prices!
If you left out the $20 bet it would possibly work most of the times depending on odds again, but in this case you have to write a formula that automatically adjust the bets on the other runners to make sure that you either break even or win, whichever event occurs.
That shouldn't be too hard except I don't know if your bot could handle it?
Good luck with it |