Green up formula

[dtrom26]

Hi

hoping someone can help me

I currently have a formula for greening up when betting. this formula is:

Back price * back stake / Lay price

This gives me the lay stake when I've already backed at a given price and odds and know the current lay odds. However, on an exchange sometimes not all of my lay bet will be fulfilled due to liquidity. In this instance, I may have laid part of the required amount to green up but then require to lay again at slightly higher odds. With this in mind, can anyone help as to how I green up when placing a second lay?

thank you!

 

[Michael M]

While you might understand what you want.....a sample of before and after might be better for us that aren't so aware of greening !!

See here for some methods of attaching sample data


http://www.mrexcel.com/forum/about-board/508133-attachments.html

 

[Joe4]

Cross-posted here: Green up formula

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