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Complicated Formula to do with Sports Betting Lines

  1. 01-09-2013, 11:33 PM #1
    traggs25
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    Complicated Formula to do with Sports Betting Lines

    Ok... My next complicated one... if you get this you are a genius.


    column
    a b c
    2 -120 win
    1 100 lose
    1 210 win



    i need a calculation for sports betting...
    column a is units
    column b is the line
    column c is win or lose or tie

    i want a total... but
    if LOSE then minus what is in column a
    if TIE then add nothing
    if WIN .... if column b is positive then a times 100/b
    if WIN .... if column b is negative then a times b/100



    so in the example above i would need an output of 2*100/120 or 1.67 plus 1*210/100 or 2.1..... so the cell would need to read 1.67 - 1 + 2.1 or 2.77.... YIKES
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  2. 01-09-2013, 11:44 PM #2
    rcm
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    Re: Complicated Formula to do with Sports Betting Lines

    the example does not match the criteria in writing for the WIN option (it is stated backwards). I followed the example...
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  3. 01-09-2013, 11:54 PM #3
    benishiryo
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    Re: Complicated Formula to do with Sports Betting Lines

    hi traggs25. like rcm, i followed your example as it doesnt match your criteria.
    for loss:
    =-SUMPRODUCT((C2:C4="lose")*(A2:A4))
    for win (positive):
    =SUMPRODUCT((C2:C4="win")*(B2:B4>=0),A2:A4,B2:B4)/100
    for win (negative):
    =SUMPRODUCT((C2:C4="win")*(B2:B4<0),A2:A4)*100/ABS(SUMPRODUCT((C2:C4="win")*(B2:B4<0),B2:B4))

    add them up & you can get your answer

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  4. 01-09-2013, 11:54 PM #4
    :) Sixthsense :)
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    Re: Complicated Formula to do with Sports Betting Lines

    Or May be this...

    Formula: copy to clipboard 
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  5. 01-10-2013, 05:02 PM #5
    traggs25
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    Re: Complicated Formula to do with Sports Betting Lines

    Thanks everyone! Awesome!
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