
8th August 2011, 01:02 PM
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Member
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Join Date: Jan 1970
Location: Western Australia
Posts: 3,403
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Quote:
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Originally Posted by Shaun
Just do it the way you would for win betting, What ever you payout is your outlay and what ever you win is your return.
For example
If i lay 100 runners @$100 = $10,000 this is my return.
If i paid out in liabilities $8,000 this is my payout.
Results $10,000-$8,000 = Profit $2,000
POT $8,000/$2,000 = 25%
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Mark, so you base your POT on your hold and not your liabilities
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