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Thread: Headache with a Sports Betting formula

  1. #1

    Headache with a Sports Betting formula



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    I bet on sports and for this example i want to win $5.00 with every bet won.
    I'm trying to find a formula that all i have to do is type in how much profit i wanna make so e.g $5 profit. And i just have to put in the odds. And it spits out how much i have to put on that bet. Can't work it out though
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    So top left is where i place how much i want to make on each bet, type in the odds and hopefully it creates the amount I need to place to get $5.00 profit.

    Is this possible?
    Thanks,
    Adam.

  2. #2
    Good morning,

    I believe that the stake will be:

    Profit / (Odds - 1) = Stake

    Hope this helps,

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