Announcement

Collapse
No announcement yet.

HELP - Historical data, calculate lay odds from back odds 3 or more selections

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • HELP - Historical data, calculate lay odds from back odds 3 or more selections

    Betfair Historical data files, comes only with back prices.
    For me it's ok with markets of 2 selections,ex:

    Market Under/Over 2.5
    Given
    Under Back Price 1.73 ---> Under Lay Price ???
    Over Back Price 2.26

    I can calculate "Under Lay Price" inverting the "Over Back Price 2.26"

    (1/2.26)*100 = 44.25% ---> 100% - 44.25% = 55.75% ---> 100/55.75 = 1.79 Done

    But when more than 3 selections I can't calculate so far. Ex:

    Only Back Prices given from Betfair Historical data files

    Home 2.20 Away 3.50 Draw 3.30
    or
    Home 45.46% Away 28.57% Draw 30.30%

    Now how to calculate the Lay prices based on the back prices?


    Thanks in advance!

    PS: The result Lay Prices I know they are Home 2.38, Away 3.9 and Draw 3.6.
Working...
X