OZmium Sports Betting and Horse Racing Forums - MOST PUNTERS MUST ENJOY LOSING MONEY??

#11

20th September 2006, 08:54 AM

Stix

Member

Join Date: Apr 2005

Posts: 3,012

Quote:

Originally Posted by crash

Over what period of time and is that 52% POT after the costs of the service is deducted or before ?

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

__________________
Stix
.......Giddy Up..... !!

#12

20th September 2006, 11:56 AM

crash

Suspended.

Join Date: Jan 1970

Location: gippsland lakes/vic

Posts: 5,104

I hope it works out for you mate and the service has a good spring.

#13

20th September 2006, 03:47 PM

Stix

Member

Join Date: Apr 2005

Posts: 3,012

Quote:

Originally Posted by crash

I hope it works out for you mate and the service has a good spring.

So do we...

__________________
Stix
.......Giddy Up..... !!

#14

24th October 2006, 01:54 PM

Stix

Member

Join Date: Apr 2005

Posts: 3,012

After week 6:

Currently @ 17.4 % POT

__________________
Stix
.......Giddy Up..... !!

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