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-   -   Unit (http://forums.ozmium.com.au/showthread.php?t=29571)

Benny 11th January 2015 01:59 PM

Unit
 
In 2 days I have bet on 5 selections and won 3

out 61.00
in 59.30
-1.7

My bank is $300 and my unit is 1%. Therefore, I'm down 1.7 units. Is this correct.

Any help would be most welcome.

The Ocho 11th January 2015 08:51 PM

Quote:
Originally Posted by Benny
In 2 days I have bet on 5 selections and won 3

out 61.00
in 59.30
-1.7

My bank is $300 and my unit is 1%. Therefore, I'm down 1.7 units. Is this correct.

Any help would be most welcome.

I'm never sure if you're serious Benny. You seem to ask a lot of silly questions but surely even you would have to know that if your bank is $300 and your unit is 1% then 1% of $300 is $3. If you are down $1.70 then you are down less than 1 unit. You are therefore down -0.56 units as 1.7 divided by 300 is 0.0056 which you then multiply by 100 for a percentage (well that's the way I do it anyway). And of course this is a minus figure because you said you were down. I really hope this helps.

The Ocho 13th January 2015 11:33 AM

What? No thank you Benny?

aussielongboat 19th January 2015 07:05 PM

Quote:
Originally Posted by Benny
In 2 days I have bet on 5 selections and won 3

out 61.00
in 59.30
-1.7

My bank is $300 and my unit is 1%. Therefore, I'm down 1.7 units. Is this correct.

Any help would be most welcome.


if your unit is 1% and you have bet on 5 - you have outlayed $15

is this correct.

if so - where does the 61 come from ??

that aside - yes 61-59.3 = 1.7.

jose 20th January 2015 08:29 PM

These forums are littered with similar questions with no replies or thanks from the same.
Don't waste your time TO.


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