Arbitrage bet calculator problem

PRW71

New Member
Joined
Mar 9, 2010
Messages
1
Hi,

I've created a spreadsheet designed to calculate the maximum profit available from an arbitrage betting situation. The first bet (the lay bet) is always at the same odds (1.5 in this case). I input the amount I ultimately want to win and it calculates the required stake. I then input the odds for the "back" bet and it runs through a circular calulation to give me the stake required for that bet to work out the maximum available profit (or minimum loss) no matter which outcome occurs. This is controlled by an "if" statement in D4.

What I'd like is a cell which adds up the profit/loss from each round, but as this requires another circular calculation the formula adds up each result from every iteration required to arrive at the profit/loss figure in the first place returning a massive total, instead of simply adding the end result to itself.

Is there a way to isolate this cell from the iteration / circular calculation process, or another way I can write the formula to give me the result I'm after?

The spreadsheet can be downloaded from here;

http://www.prwphoto.com/Arbcalc.html

Thanks very much.

Paul
 

Excel Facts

Which Excel functions can ignore hidden rows?
The SUBTOTAL and AGGREGATE functions ignore hidden rows. AGGREGATE can also exclude error cells and more.

Forum statistics

Threads
1,224,613
Messages
6,179,898
Members
452,948
Latest member
Dupuhini

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top