New Posts For Thread: calculating turnoverhttps://community.betfair.com/general_betting/go/thread/view/94082/25963593/calculating-turnoverhow do you traders out there calculate turnover? I'm particularly targetting tick traders because i was having a conversation with someone who says he trades in ticks and if he backs at, say, 3.5 for £1000 and lays at 3.45 for £1000 that is £2000Profit on turnover should help you see how effective your betting is.If you just look at the BF balance, or your profit, you can't see as much. e.g. two different punters might both make a £100 profit, but one could have made hundreds of bets of hughttps://community.betfair.com/general_betting/go/thread/view/94082/25963593/calculating-turnover?post_id=469060889#469060889Profit on turnover should help you see how effective your betting is.If you just look at the BF balance, or your profit, you can't see as much. e.g. two different punters might both make a £100 profit, but one could have made hundreds of bets of hugWed, 06 Oct 2010 08:53:37 -0500FINE AS FROG HAIR Joined: 12 Mar 07Replies: 601 01 Oct 10 17:24 If that's the reason, can't you just look at your BF balance.That's a pretty good indicator on how you're going .But I suppose why simplify things when you can complicate them.That woulhttps://community.betfair.com/general_betting/go/thread/view/94082/25963593/calculating-turnover?post_id=469051441#469051441FINE AS FROG HAIR Joined: 12 Mar 07Replies: 601 01 Oct 10 17:24 If that's the reason, can't you just look at your BF balance.That's a pretty good indicator on how you're going .But I suppose why simplify things when you can complicate them.That woulWed, 06 Oct 2010 06:51:35 -0500the lay bet at 3.45 is really just a back bet (on other side ) $2450 at odds of 1.408https://community.betfair.com/general_betting/go/thread/view/94082/25963593/calculating-turnover?post_id=468406501#468406501the lay bet at 3.45 is really just a back bet (on other side ) $2450 at odds of 1.408Fri, 01 Oct 2010 12:06:14 -0500to me, the idea of each trade should be to make a EV profit, or cut risk (should be good for long term EV) for me, turnover would be 1000 + 2450= 3450 turnoverhttps://community.betfair.com/general_betting/go/thread/view/94082/25963593/calculating-turnover?post_id=468406197#468406197to me, the idea of each trade should be to make a EV profit, or cut risk (should be good for long term EV) for me, turnover would be 1000 + 2450= 3450 turnoverFri, 01 Oct 2010 12:03:44 -0500If that's the reason, can't you just look at your BF balance.That's a pretty good indicator on how you're going .But I suppose why simplify things when you can complicate them.https://community.betfair.com/general_betting/go/thread/view/94082/25963593/calculating-turnover?post_id=468402133#468402133If that's the reason, can't you just look at your BF balance.That's a pretty good indicator on how you're going .But I suppose why simplify things when you can complicate them.Fri, 01 Oct 2010 11:24:59 -0500usually, this is a presumption though, to see if you're performing as well as previously and to see if your edge is eroding. Let's face it the margins are extremely tighthttps://community.betfair.com/general_betting/go/thread/view/94082/25963593/calculating-turnover?post_id=468396589#468396589usually, this is a presumption though, to see if you're performing as well as previously and to see if your edge is eroding. Let's face it the margins are extremely tightFri, 01 Oct 2010 10:30:14 -0500But what use is it to know that?https://community.betfair.com/general_betting/go/thread/view/94082/25963593/calculating-turnover?post_id=468395893#468395893But what use is it to know that?Fri, 01 Oct 2010 10:23:24 -0500Me?https://community.betfair.com/general_betting/go/thread/view/94082/25963593/calculating-turnover?post_id=468392717#468392717Me?Fri, 01 Oct 2010 09:52:57 -0500for % profit on turnover means. The way he calculates turnover equates to him making a 0.11% returnhttps://community.betfair.com/general_betting/go/thread/view/94082/25963593/calculating-turnover?post_id=468392013#468392013for % profit on turnover means. The way he calculates turnover equates to him making a 0.11% returnFri, 01 Oct 2010 09:46:41 -0500What is the point of calculating turnover?https://community.betfair.com/general_betting/go/thread/view/94082/25963593/calculating-turnover?post_id=468391009#468391009What is the point of calculating turnover?Fri, 01 Oct 2010 09:38:24 -0500