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").

Calculate the lay stake needed to lock in a profit (Back-First Trade).

Trade Summary:

Required Lay Stake:

Guaranteed Profit: