Convertion between backing and laying odds

[m_sjoberg78]

Hi,

This might seem like a stupid question but never mind.

Is there some tool that can figure out the best odds on a betting market.

Let's say I want to back Team A. My options are to back Team A or to Lay Team B. Since I'm not that experienced I always miss out on good opportunities because I manually have to figure that out. There should be some king of simple graph or some program that offer this function.

Thanks in advance.

//Marcus

[gwen]

1 + (1 / ("Lay Odds" - 1 ))

so if you lay at 2.2, it is same as backing at:
1 + 1/(2.2-1)
= 1 + 1/1.2
= 1 + 0.8333
= 1.83333

can just enter the formula in Excel

[m_sjoberg78]

Thanks a lot. Knew there was a simple solution to this.