Guides > Bank Builder

It's A Numbers Game
Don't panic, we're not about to take a maths class. All we are going to do here is make sure you know how to interpret the numbers properly. When you use a betting exchange you will find the odds aren't represented as fractions, like 10-1, rather they are displayed as decimals. The following table will give you some examples.

Fractional Odds	Decimal Odds
3-1	4.0
6-1	7.0
10-1	11.0
5-4	2.25
13-8	2.63
10-11	1.91
6-4	1.5

You can work these out yourself as well. Some of them are easy, just take the number to left of the "-" and add 1. More generally though, here is how to work it out:
Example odds: 5-4
We say 5 is the numerator.
We say 4 is the denominator.
Grab a calculator and punch in 5 divided by 4 and press equals, this will give you 1.25. Now just add 1, giving 2.25.
Just remember this, numerator divided by denominator, then plus 1 to the result

It's much easier to work with these decimals numbers when you need to compare prices. For example, you can see straight away that 2.5 and 2.55 are very close.

Now lets work out a bet using decimal odds. Assume you find a horse priced at odds of 3.7.
(1) Back @ 3.7 With £10 (Horse wins)
£10 * 3.7 = £37. Take off your £10 leaving a PROFIT of £27
(2) Back @ 3.7 With £10 (Horse loses)
Lose your stake, LOSS is £10
(3) Lay @ 3.7 With £10 (Horse wins)
£10 * 3.7 = £37. £10 of this is the other persons stake, subtract this leaving a LOSS of £27
(4) Lay @ 3.7 With £10 (Horse loses)
Keep the other persons stake, PROFIT £10

Go back and double check example 3. Here you lost £27. We could say that your lay had a liability of £27. When you lay a selection you must make sure you have sufficient funds in your account to cover the liability. Here's another example: (5) Lay @ 11.0 With £10 (Horse wins)
£10 * 11.0 = £110. £10 of this is the other persons stake, subtract this leaving a LOSS of £100

As you can see, the longer the price of the selection the greater the liability and the more money you need in your account. So, we have found it works much better to stick to low price selections when applying this technique as it minimises the amount of cash you need to operate.

* NOTE * Favour shorter priced selections

Contents

• Introduction
• The technique
• Your Bank
• Essential Skills
• Some Examples
• Doing It For Real
• Its A Numbers Game
• Tools Of The Trade
• Read The Small Print
• Final Thoughts
• Now Build Your Bank
• Launch The Tool