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I need excel formula to calculate equal return on sports bet outcome no loss no profit

  1. 02-22-2020, 10:41 AM #1
    innosa
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    I need excel formula to calculate equal return on sports bet outcome no loss no profit

    Hello,
    I have an excel formula attached here, i want it to calculate equal return on which ever sports outcome.
    e.g Chelsea vs Arsenal both teams to score odds
    Both teams to score.
    YES : 1.85
    NO: 1.85
    I want when i place a bet on both YES and NO , i get no profit , no loss. i just receive total i have staked.

    I have attached a file.

    Is it possible?
    anyone to help?

    Thanks in advance.
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  2. 02-22-2020, 11:01 AM #2
    AliGW
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    Re: I need excel formula to calculate equal return on sports bet outcome no loss no profit

    Welcome to the forum.

    What is the formula that you normally use to calculate profit or loss? Where do you want these results to appear?
    Ali

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  3. 02-22-2020, 01:58 PM #3
    innosa
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    Re: I need excel formula to calculate equal return on sports bet outcome no loss no profit

    hello, i need formula similar to Dutching Calculator but no profit no loss
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  4. 02-22-2020, 02:00 PM #4
    AliGW
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    Re: I need excel formula to calculate equal return on sports bet outcome no loss no profit

    Sorry - I have no idea what one of those is.

    Where in your sample workbook will we find examples of what you want to do (manually mocked up)?
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  5. 02-22-2020, 02:01 PM #5
    innosa
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    Re: I need excel formula to calculate equal return on sports bet outcome no loss no profit

    i need similar formular like Dutching Calculator but only to determine amount to stake such that no loss or gain.
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  6. 02-22-2020, 02:03 PM #6
    AliGW
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    Re: I need excel formula to calculate equal return on sports bet outcome no loss no profit

    As I said, I do not know what a Dutching Calculator is.

    You need to explain how that works so that someone here can help you to find a formula to replicate it.
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