A very quiet midweek, with entries from Talkies Tips and Mortimer only. Talkies Tips was the winner, making 2.92 points and moving up two places, while Mortimer was the loser dropping 3.00 points, three places, and into the red. Overall a small loss of 0.08 points on the round.
Here are those entries along with the innocent, idle bystanders moving either up or down:
a lay of the three options will now return (rounded):
This compares with the old formulas returns of 0.29, 0.38 and 0.92. Small changes that will only affect Layers, and by very little, but in the absence of the AH +/- 0.5 prices, this method does have the advantage of still using Pinnacle's prices. And as stupid as I am, it didn't take me too many days to come up with the formula.
As with the other bets, the Pinnacle returns represent the minimum return you could expect. In real-life they will be higher - how much higher depends on where you can bet.