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#1
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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. |
#2
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Well I guess it must be correct, with 30 odd views and no replys.
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#3
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Ummm yeah, sorry mate. Didn't see this before now, but that's right.
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#4
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yep...works for me
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#5
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Thanks for the confirmation.
Mike |
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