How to “Green-Up” (Back-First)

“Greening-up” (or “cashing out”) is a trading technique that locks in a guaranteed profit, regardless of the final outcome. This calculator is for a **Back-First** trade, where you expect the odds to *drop*.

The Strategy:

1. You **Back** a selection at high odds (e.g., 3.0).
2. The odds on that selection *drop* (e.g., to 2.5).
3. You then **Lay** the same selection at the new, lower odds.

This calculator tells you the exact Lay stake required to guarantee an equal profit whether the selection wins or loses.

How to Use:

• Initial Back Odds: The (higher) odds you placed your back bet at.
• Initial Back Stake: The amount you bet.
• Trade-Out Lay Odds: The (lower) odds you are about to lay at.
• Commission Rate: Your exchange commission (e.g., 5 for 5%).

To lock in a profit, the **Lay Odds must be lower than your Back Odds**. If they are higher, you will be locking in a loss (known as a “Red-Up”).