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Calculation in excel using vb

Posted on 2011-09-08
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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
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Question by:Jason
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Thomasian earned 500 total points
ID: 36508475
=D2/(A2-1)

Or

BetAmt = Profit / (Odds-1)
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Author Closing Comment

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