How does Betfair calculate green up?

How does Betfair calculate green up?

The other way of calculating how much you need to stake in order to green up is to divide your return, if the selection were to win, by the lay odds. This is the sum you then need to lay at. That is the basic maths behind it and there are plenty of betting calculators out there which can help you to do it manually.

How do I change my Betfair to a fraction?

Betfair Sportsbook uses both fractional and decimal odds, you can switch between the two at any point, either from: Desktop: by selecting either fractional or decimal from the black banner at the bottom of the page. Mobile: by clicking on your balance and selecting ‘Settings’ and ‘Odds Display’.

How do you bet with fractions?

Whenever you see two numbers separated by a slash, i.e. 10/1, this is a fractional betting odd. Fractional odds allow you to calculate how much money you will win on your bet in comparison to you stake. The number on the left(e.g. 10) is how much you will win. The number on the right is how much you need to stake.

What does green up mean on Betfair?

Green up, Hedge up and Cash out (as its called on Betfair) all mean the same thing and is where you spread your profit or loss equally across all the selections on that market.

(Green Up: Common parlance for a guaranteed profit on Betfair where every selection shows it will profit if that selection win) If you’d like to be notified each time we update the Daily Punt please enter you email address below and click the Subscribe button. Every update includes extra racing tips not published on site.

Can you use a betting app to Green Up bets?

But, thankfully, using a betting app will do all this hard work for you! Depending upon which betting app you are using it is possible to use an auto greening function for stakes as small as £2 or less. You can also select what size of profit you wish to achieve by greening up, so long as your bets have been matched at your chosen price.

How do you calculate a guaranteed payout in betting?

The calculation is to multiply your initial stake times your initial back odds (£10 x 16.0 = £160) You then divide that by the lay price that you can get (£160/6.8 = £23.52) Place your lay of £23.52 at 6.8 and your initial bet of £10 has now converted to a guaranteed payout of £12.84.

Is there a cash out button on Betfair?

The first thing to say is that when this article was first written there was no cash out button on Betfair, so life is easier if you just want to lock in a profit and green up on a horse you’ve bet, no calculator required. But don’t expect to get the best bet possible using the cash out button!