Thanks in advance to any suggestions or help, I'm not overly familiar with the various commands and formulas that we can use in excel, and it has taken me half a day of high focus and reading to get this far, but I am hopeful that what I'm trying to achieve will be simple for anyone who is a regular user of excel and understands the formulas available.
In the below example I am aiming to simply profit $10 from each match the Lakers play, regardless of who they play or the available odds. My theory being that as long as I select a strong team it would be unlikely that they have a losing streak of too many in a row, therefor by aiming for the $10 profit from each match and if a match loses, the next bet has to allow for winning the previous lost bet including the expected $10 profit from the previous losing match as well as the expected $10 profit from the current match. If there is a considerable losing streak it would get out of hand fairly fast of course but i may play around with the aim per bet once i have the outlay of this spreadsheet sorted.
What I m needing help with is automatically formatting the figures in column A and also Column B so that if I was to adjust the actual odds in column B then the required bet would automatically update in column A. Ive used the 2-1 odds below to make it easy to get to this point, however odds will fluctuate each week, and my aim is to stake as much as required to profit $10 from each match regardless of the odds. Can someone explain how I would use "solver" to tell me the required stake if i were to adjust the odds of any given match??
I hope that makes sense, and would be most grateful if anyone can actually work that out.
In the below example I am aiming to simply profit $10 from each match the Lakers play, regardless of who they play or the available odds. My theory being that as long as I select a strong team it would be unlikely that they have a losing streak of too many in a row, therefor by aiming for the $10 profit from each match and if a match loses, the next bet has to allow for winning the previous lost bet including the expected $10 profit from the previous losing match as well as the expected $10 profit from the current match. If there is a considerable losing streak it would get out of hand fairly fast of course but i may play around with the aim per bet once i have the outlay of this spreadsheet sorted.
What I m needing help with is automatically formatting the figures in column A and also Column B so that if I was to adjust the actual odds in column B then the required bet would automatically update in column A. Ive used the 2-1 odds below to make it easy to get to this point, however odds will fluctuate each week, and my aim is to stake as much as required to profit $10 from each match regardless of the odds. Can someone explain how I would use "solver" to tell me the required stake if i were to adjust the odds of any given match??
I hope that makes sense, and would be most grateful if anyone can actually work that out.