Calculate Liability

dgavin

Active Member
Joined
Feb 16, 2005
Messages
302
A B C D
1 ODDS COMM STAKE LIABILITY
2 4.00 5% 10.00 £30.15
3 4.50 5% 8.56 £30.14

Liability = ((ODDS-1)*(COMM+STAKE))

I need help with a formula that can calculate C3 by matching the liability.

So if I enter odds and stake in row 2 my formula will calculate the liability.

If I enter odds in row 3, i need a formula to match liability in D2 and also what stake (C3) is required.

Many Thanks
 

Excel Facts

Why are there 1,048,576 rows in Excel?
The Excel team increased the size of the grid in 2007. There are 2^20 rows and 2^14 columns for a total of 17 billion cells.
If:

Liability = (Odds-1)*(Comm+Stake)

then:

Odds = (Liability/(Comm+Stake))+1
Stake = (Liability/(Odds-1))-Comm

So if you have Odds, Comm and Stake in row 2, Liablility is:

=(A2-1)*(B2+C2)

If you have Comm, Stake and Liability, Odds is:

=(D2/(B2+C2))+1

If you have Odds, Comm and Liability, Stake is:

=(D2/(A2-1))-B2
 
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