risk/to win conversion formula

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  • bbyhill
    SBR MVP
    • 09-16-07
    • 2991

    #1
    risk/to win conversion formula
    know this is beginner stuff however would like to have it if possible

    What is the formula for price (-110 or whatever) to risk to win USD?

    for a spread sheet and it can be any - # so it would auto calculate
  • element1286
    Restricted User
    • 02-25-08
    • 3370

    #2
    Favorite:

    moneyline = -150
    amount risked = 200

    (200/150)*100=133.33

    Underdog:

    moneyline = +350
    amount risked = 150

    150*(350/100) = 525
    Comment
    • bbyhill
      SBR MVP
      • 09-16-07
      • 2991

      #3
      Thanks Mike and Element
      Comment
      • Ganchrow
        SBR Hall of Famer
        • 08-28-05
        • 5011

        #4
        Since you're now using my VBA Sports Betting Functions Template for Excel:
        Assuming the US odds were in cell A1 and the risk quantity were in cell A2, then you could use this equation to calculate the to win quantity:
        =A2*(us2dec(A1)-1)

        Assuming the US odds were in cell A1 and the to win quantity were in cell A3, then you could use this equation to calculate the risk quantity:
        =A3/(us2dec(A1)-1)
        Comment
        • bbyhill
          SBR MVP
          • 09-16-07
          • 2991

          #5
          Thanks Ganch that is what I was looking for.
          Comment
          • bbyhill
            SBR MVP
            • 09-16-07
            • 2991

            #6
            have it set line=A1 price=b1 risk =h2 What would the formula look like now Gaunch?
            Comment
            • Ganchrow
              SBR Hall of Famer
              • 08-28-05
              • 5011

              #7
              Originally posted by bbyhill
              have it set line=A1 price=b1 risk =h2 What would the formula look like now Gaunch?
              I'm not quite sure I understand what you're asking as the line is obviosuly immaterial when calculating the to win amount.

              So your to win would would be exactly as before except you'd substitute B1 for A1 and H2 for A2:
              =H2*(us2dec(B1)-1)

              Or perhaps I've misunderstood your question.
              Comment
              • bbyhill
                SBR MVP
                • 09-16-07
                • 2991

                #8
                Originally posted by Ganchrow
                I'm not quite sure I understand what you're asking as the line is obviosuly immaterial when calculating the to win amount.

                So your to win would would be exactly as before except you'd substitute B1 for A1 and H2 for A2:
                =H2*(us2dec(B1)-1)

                Or perhaps I've misunderstood your question.

                Thats exactly what I thought.Thank you again Ganch.
                Comment
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