Manually hedge formular

[peco]

Anyone that can tell how to manually hedge for green in the CS market?

[gundulf]

Say you've backed 0-0 at 12.5 with £100 - to give a return of (100 * (12.5)) = 1250 (including your stake!)

Current odds are 8

Lay stake=Return/Current odds = 1250/8=156.25

Lay 0-0 with £153.25 gives a green of £56.25

The full calculation is:

INCOME = 100 * 12.5 = £1250
LIABILITY = 156.25 * (8-1) = £1093.25

GREEN= 1250-1093.25 = 156.75 - 100 (stake) = 56.75

Just then repeat that sum for any other green scorelines.

BUT, why would you want to do it manually? Evo, BA and most other trading platforms offer 'greening' functions and you can 'what-if' on betfair itself.

[peco]

Thanks Gun,

Well asked because sometimes it's needed from what I heard. Can see it's a hastle if u need to green the same amounts on all scores in the CS market lol-

[tyamrik]

Here's nice on-line Hedging Calculator www.napitforum.com/betting_tools/hedging_calculator.php