Position Squarer betting calculator

The Position Squarer calculator calculates the stakes for:

• Trading a winning selection into a breakeven position (squaring a profitable position)
• Trading a losing selection into a breakeven position (squaring a lossmaking position)

Trading a winning selection into a breakeven position (squaring a profitable position)
You already have a P&L of £250 on a football team, but now think it won't win. You would therefore like to transfer its potential profit to other selections by laying it for £100. This would reduce the team's P&L to zero and increase the P&L of the other team and of the draw by £100.


Trading a losing selection into a breakeven position (squaring a lossmaking position)
You stand to lose £175 if a golfer currently at the top of the leaderboard on the last day goes on to win the tournament. You would like to avoid making a loss but are not confident enough to go all out and punt on him winning. He is available to back at 1.91, so if you were to place £192.31 on him you would end up breaking even if he won. However, this would reduce your P&L of other golfers by £192.31.