Hi, new to matched betting and trying to make a spreadsheet incorporating a bet calculator. For the qualifying bet the formula – Lay stake = back stake x back odds / lay odds – commission – matches the calculators on the web. When I try to use it for my free SNR bet, it doesn’t work and I don’t seem to be making profit. Can anyone tell me where I’m going wrong please?
New to matched betting?
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Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.
without seeing your spreadsheet I cant tell you where to put the formulae, but you need to subtract the back stake from the back return then work out the lay stake from the new return.
Thank you. Brain was frazzled trying to work it out. Now on to the next 100 formulas and my sheet will be complete.
there are a few small improvements that would make this site much better mate – longer lasting edit buttons being one of them 😉
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