Profit Weighting and Equalisation

A quick and easy way to equalise your profit on Betfair

I get many emails about how to equalise profits quickly and there is actually a quick and easy way to do this without the need for complicated calculations. The method involves using the internal profit and loss indicators but before you can do this, you must make sure you have the following settings set after you have logged into Betfair. You will find these settings after clicking the "options" link when you open up any betting market:

Before we begin, we will have to make sure we have the correct settings. The screenshot above shows which setting you should have ticked. After this has been done you will be able to enter your stake in Betfair and it will calculate profit and loss for you so you are able to see what you're profit and loss will be as you vary your stakes in real time. This allows you to equalise profits quickly and add more profit to the  the outcome of your choice through profit weighting. An example of this has been provided below:

Before we can equalise a profit or add profit weighting, we need to have a green scren. The green screen above is a snooker match between Ronnie O' Sullivan and Marco Fu. It shows £23.75 on Marco Fu and £0 on Ronnie O'Sullivan, this was done by backing Fu at 2 with £50 and laying at 1.5 with £50.

From the screenshots above you can see that we entered in 20 as the lay stake to equalise the profit and Betfair now shows what the potential profit could be if we placed the bet (shown after the arrow). So by lowering or increasing the lay stake, we can quickly ascertain optimal stake for equalised profit by simple trial and error or add more profit to an outcome as shown in the case here without the need to calculate the stake manually.

We placed the £20 bet as we wanted more profit on the favourite and the Betfair screen updated to show the current profit and loss of our trade which is now £19.00 on Ronnie O'sullivan if he wins and £14.25 on Marco Fu giving us a guaranteed profit no matter the outcome of the match.

Profit weighting is a useful way to maximise profits if you have a strong sense of who is more likely to win a match. The downside of profit weighting is that the profit you gain on one outcome is offset by a slight loss on the outcome, however, you will still end up with a profit either way.