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Newhavensoft forum »Newhavensoft.net forums » Odds Wizard » How do I use the stake wizard to calculate the stakes?
1. lfc - 15 February, 2006 - 14:51:49
Hi guys,

I just got the software today and I can't find the answer to the above mentioned question. After I feed the odds to stake wizard, how do I get the correct amount to stake and is it optimal?

Would appreciate any help. Thank you.

2. lfc - 16 February, 2006 - 02:32:37
Alright. I manage to get the recommended stakes. I noticed 3 of the variants are in bold while the rest are not. What does it mean? Do I only place bets on those that are in bold? I also do not understand variant such as, AB or A+BC.

Can anyone kindly advise this noob? Thanks in advance.

3. DocSander - 16 February, 2006 - 05:34:14
lfc: please refer to the excellent Stake Wizard Guide (F1), lots of questions are answered on a thourough read-through here.

My main problem with Stake Wizard is the unability to enter lay bets in Stake Wizard (or is this possible and have i missed this option so far?)...

This way only back betting allows for Stake Wizard to aid my planning...

Any ways to use Stake Wizard in planning lay betting?

Thanx in advance for your help!

4. AmirD - 16 February, 2006 - 07:44:11
DocSander

If line odds for home win is 1.5 then "fair" line odds for away and draw is 3.0; 1.5=66.7% and 3.0=33.3%.
If you are laying 1.5 then your payback should be 3.0, because you are backing away or draw.
If OW fair odds for away and draw (2X) is 2.0, then in Stake Wizard enter Fair odds 2.0 and Line odds 3.0; calculated stake is the liability.

Good Luck!


(Edited by: 24 February, 2006 - 02:30:28)

5. lfc - 16 February, 2006 - 09:48:18
Quote:
lfc: please refer to the excellent Stake Wizard Guide (F1), lots of questions are answered on a thourough read-through here.



I can't find it anywhere. Any link?

(Added)
Ok what I need to know is do I place bets on all the 3 bold red variants or what? Because I see A, A+BC and AB now which makes me confused. The 1st 2 variants shows A as a wager twice. I am lost here.

Thanks in advance for any help

6. AmirD - 16 February, 2006 - 14:03:15
lfc
Open Odds Wizard, press F1.





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