OZmium Sports Betting and Horse Racing Forums

OZmium Sports Betting and Horse Racing Forums (http://forums.ozmium.com.au/index.php)
-   Horse Race Betting Systems (http://forums.ozmium.com.au/forumdisplay.php?f=10)
-   -   Terminology (http://forums.ozmium.com.au/showthread.php?t=12271)

marky 8th January 2006 09:56 AM

Terminology
 
Could someone please enlighten me re the acronyms used in describing the results of particular systems? S/R I can understand, but I get lost in the rest POT etc...

Any help would be greatly appreciated.

La Mer 8th January 2006 10:06 AM

Quote:
Originally Posted by marky
Could someone please enlighten me re the acronyms used in describing the results of particular systems? S/R I can understand, but I get lost in the rest POT etc... Any help would be greatly appreciated.


POT = Profit on Turnover
ROI = Return on Investment

What others do you want to know?

KennyVictor 8th January 2006 12:09 PM

While we're on the subject is a ROI of 120% a return of $120 on $100 invested or $220. I'm sure I've been picked up on this before but can't remember which way it should be.

KV

La Mer 8th January 2006 12:30 PM

Quote:
Originally Posted by KennyVictor
While we're on the subject is a ROI of 120% a return of $120 on $100 invested or $220. I'm sure I've been picked up on this before but can't remember which way it should be. KV


IMO, POT is the simpler to understand as it Profit On Turnover, e.g. Turnover = $1,000 with profit = $100 gives a POT of 10%.

OTOH, ROI can be defined in different ways, normally either as a return on investments or as a return on assets, therefore leading to different outcomes.

In racing terms it would mean the difference between investments (turnover) or bank (assets).

Sportz 8th January 2006 12:42 PM

LOT of POT = what you probably have to smoke to understand all of our ramblings on here.

Shaun 8th January 2006 02:45 PM

I have found that ROI is a yankee term while we use P.O.T or T.O.P basicly is the same thing depends how you look at it

Sportz 8th January 2006 02:56 PM

T.O.P??? Who uses that?

Shaun 9th January 2006 12:21 AM

Me when i am ****ed and trying to type a comment refering to it

KennyVictor 9th January 2006 03:01 AM

Quote:
Originally Posted by Sportz
T.O.P??? Who uses that?
I find if you use a couple of mirrors and a reversing dictionary it makes perfect sense to me.

Hey, Dr Ron where are you. It's 3.00 am in the morning and there's no-one here but me and some guest and he's just left.

KV

DR RON 9th January 2006 11:31 AM

KV, at the time you posted I was just getting out of bed, about to get ready for work which I start at 5.00 a.m The last thing I am thinking about at that time is turning the computer on.


All times are GMT +10. The time now is 05:51 PM.

Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.