This is a tool intended for backers and layers to set your own profit margins for trading on Betfair Exchange (other exchanges are available 😉 ) , using your own assessment of odds, a trusted tissue forecast, or our pre-loaded odds assessments. Minimum odds for Backing and Maximum odds for Laying are calculated for you according to your profit requirements.
Select race using tabs and arrows at bottom of module.
Change odds by clicking once in the left column and over-writing the odds (decimal format including stake), then Enter or use Up and Down arrows on your keyboard. The calculated True odds (100% book) and value odds (Minimum odds for Backing and Maximum odds for Laying) will automatically update.
Set your desired profit margin percentages for backing and laying – defaults are 50% margin. Enter 20 for 20%, enter 100 for 100% etc
Set your desired total payout for the race and the variable stakes (VarStake) will be automatically calculated, based on the True price.
Take a non-runner out of the market by entering “0” in the left column, then Backspace, then Enter (or Up/Down arrow). The calculated true odds, value odds and variable stakes for all other runners will automatically update.
Odds are pre-loaded with our own odds assessments for some races, where we have enough data to compile an accurate book .
Data can be copied out by selecting any block of data, then Ctrl+c to copy. Refreshing the web page will reset everything back to our pre-loaded odds and no data will be saved. So copy out anything you need to a spreadsheet or text editor.
Feedback and suggestions for improvement would be greatly appreciated. Email :