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  #1  
Old 19th March 2009, 06:16 PM
Mike367 Mike367 is offline
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Question Calculating POT

Will some one please tell me if I've got this right.

If I make 5 bets at $1.00 each,
Total stake $5.00
2 of my selections win, returning $4.50 and $3.50.
Total return $8.00.
Take out orignal stake ($5.00) leaving a $3.00 profit.
POT = %60
S/R = %40

POT = profit ($3.00) divided by stake ($5.00) multiplied by 100.

S/R = wins (2) divided by bets (5) multiplied by 100.

If this is wrong will you please make the required corrections.
Thanks.
Mike.
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  #2  
Old 21st March 2009, 07:33 AM
Mike367 Mike367 is offline
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Well I guess it must be correct, with 30 odd views and no replys.
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  #3  
Old 21st March 2009, 09:23 AM
Sportz Sportz is offline
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Ummm yeah, sorry mate. Didn't see this before now, but that's right.
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Old 22nd March 2009, 08:47 AM
sportzfan sportzfan is offline
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yep...works for me
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  #5  
Old 22nd March 2009, 02:12 PM
Mike367 Mike367 is offline
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Thanks for the confirmation.
Mike
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