Solved

Calculation in excel using vb

Posted on 2011-09-08
2
191 Views
Last Modified: 2012-05-12
Formula to calculate the betting amount

example
odds 1.10 in order for the user to get $10 profit the calc bet would be $100
pay out would be $110 therefore $10 profit

can anyone help with the formula

betcalc.xlsx
0
Comment
Question by:Jason
2 Comments
 
LVL 22

Accepted Solution

by:
Thomasian earned 500 total points
ID: 36508475
=D2/(A2-1)

Or

BetAmt = Profit / (Odds-1)
0
 

Author Closing Comment

by:Jason
ID: 36509441
Perfect just couldn't get my head around it
0

Featured Post

Maximize Your Threat Intelligence Reporting

Reporting is one of the most important and least talked about aspects of a world-class threat intelligence program. Here’s how to do it right.

Join & Write a Comment

Introduction This Article is a follow-up to my Mappit! Addin Article (http://www.experts-exchange.com/A_2613.html), it was inspired by an email posting I made to EUSPRIG (http://www.eusprig.org/index.htm), I will briefly cover: 1) An overvie…
This code takes an Excel list of URL’s and adds a header titled “URL List”. It then searches through all URL’s in column “A”, looking for duplicates. When a duplicate is found, it is moved to the top of the list. The duplicate URL’s are then highlig…
Graphs within dashboards are meant to be dynamic, representing data from a period of time that will change each time the dashboard is updated with new data. Rather than update each graph to point to a different set within a static set of data, t…
This Micro Tutorial will demonstrate on a Mac how to change the sort order for chart legend values and decrpyt the intimidating chart menu.

707 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question

Need Help in Real-Time?

Connect with top rated Experts

13 Experts available now in Live!

Get 1:1 Help Now