OZmium Sports Betting and Horse Racing Forums - Profit of Turnover calculation

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Release the Hounds

11th June 2003 12:16 PM

Hi,
could someone please tell me how to work out the POT (profit of turnover).

thanks

Shaun

11th June 2003 06:52 PM

EXAMPLE In a year your total bets equal $200.000 your total returns on those bets equal $245.000

total returns $245.000 minus total bets $200.000 equals $45.000 profit

devide total profit $45.000 by total bets $200.000 equals 0.225

0.225x100=22.5 so your T.O.P is 22.5%

Most professionals are happy with a 10% to 15% T.O.P

Release the Hounds

11th June 2003 09:15 PM

Thanks Shaun

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