Headache with a Sports Betting formula

aRj588

New member
Joined
Jul 17, 2014
Messages
1
Reaction score
0
Points
0
I bet on sports and for this example i want to win $5.00 with every bet won.
I'm trying to find a formula that all i have to do is type in how much profit i wanna make so e.g $5 profit. And i just have to put in the odds. And it spits out how much i have to put on that bet. Can't work it out though
Untitled.png

So top left is where i place how much i want to make on each bet, type in the odds and hopefully it creates the amount I need to place to get $5.00 profit.

Is this possible?
Thanks,
Adam.
 

bgoree09

New member
Joined
Aug 20, 2013
Messages
179
Reaction score
0
Points
0
Good morning,

I believe that the stake will be:

Profit / (Odds - 1) = Stake

Hope this helps,
 
Top