20th September 2006, 09:54 AM
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Member
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Join Date: Apr 2005
Posts: 3,012
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Quote:
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Originally Posted by crash
Over what period of time and is that 52% POT after the costs of the service is deducted or before ?
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Give me some time crash...... that was the first week....
Net POT = (Return - cost of service - outlay) / outlay
Net Profit = 41.1%
Therefore:
* service has been paid for out right
* Bank is in profit
The wash up is we are betting with profits for week 2 (and hopefully beyond), but of course it is another week and it may go the other way..... so give it time, I'll keep you updated
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Stix
.......Giddy Up..... !!
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