Now much is made of POT (Profit on Turnover) as a measure of the success or otherwise of Ratings, Systems, Performance. For me, the MORE important consideration is POS (Profit on Stake)

We start each betting day with a stake. An amount we should feel slightly uneasy with if we lose it but more than happy with if we double it as profit!
In the attached sheet, based on actual bets placed yesterday, is a set of bets placed using a theoretical $500 initial stake.

As the day progresses we are doing quite well but take note of how the more you bet the more your POT decreases. If we set a target: that we want to double our stake, we should have stopped betting after bet 4. The punting Gods smiled on us and gave us another 6 opportunities to quit, but we ploughed on!

Then we started to hit the inevitable losing patch, had a choice to quit for the day or start implementing loss recovery by increasing stakes. NOT GOOD. We were given another opportunity to quit at bets 15 -17 but we ploughed on to be hit with another loss. We took a punt and increased our stake 10 fold, which paid off! At the end of the day we achieved our POS target for a measley 3.3% POT and had a free rollercoaster ride at Luna Park.

On another thread the question was asked, "When to Quit?". My answer is,"When you achieve your POS!".
Have a great day, RP

Attached Files

POS.xlsx (12.8 KB, 927 views)

You sound like a pom, they think like that and use ROI

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One Drive

"If the corporates are treating you poorly , just go elsewhere."
"If they need you , they will soon find out."
"If you need them , you will soon find out." --moeee
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WRONG on both counts
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No I'm not a POM, a 4th generation Australian and:

POT is another name for ROI (UK term)
ROI or POT - Short for 'Return On Investment'or'Profit on Turnover' in percentage (%). The formula: = total profit / total staked * 100.
Example: if a series of 55 bets (all at $1 stake each) returned a profit of $7.50, then ROI/POT% = $7.50 (total profit) divided by $55 (total staked) multiplied by 100 = 13.6% ROI/POT

POS - 'Profit on Stake' in percentage (%). The formula: = total profit / initial stake * 100.
Example: if a series of 55 bets(all at $1 stake each) return a profit of $7.50, then POS% = $7.50 (total profit) divided by $1 (initial stake) multiplied by 100 = 750% POS


POS, ROI & POT all have the same result after one event. POS differs from ROI & POT after more than one event because POS is always based on the initial stake as the divisor.
RP

ROC does me just fine, these days = return on capital(initial sum in bank + any further deposits?)

Helps me back to reality i.e. bank interest!

LG

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The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB

The spin from the "R2W Axis at the SRA" boys must be affecting me....lol!!
RP

Just having a laugh with the pom joke, the way i understand they use ROI is if they started a series with $100 and finish with $110 that would be an ROI of 10%

But with POT if you started with $100 and had total bets of $500 and finished the series with $110 that would be a POT of 2%
Not sure why we use POT and they use ROI i prefer POT because i think it represents risk v reward in a better way.

__________________
One Drive

"If the corporates are treating you poorly , just go elsewhere."
"If they need you , they will soon find out."
"If you need them , you will soon find out." --moeee
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