New Posts For Thread: Reflections on making £200,000 profit in 7-and-a-bit yearshttps://community.betfair.com/general_betting/go/thread/view/94082/27478517/reflections-on-making-200000-profit-in-7-and-a-bit-yearsI hesitate before starting a thread like this, but I posted something similar when my Betfair account hit £100k and it was interesting to hear the views of other long-term punters. It's also good practice to pause and reflect on your gambling from targh (not having a good day)... what I meant to write was this:What has also got to be considered is this "44.875%" OF gross profit figure could be a lot worse in reality as Eddie's post is calculated over a YEAR and not on the WEEKLY basis that is chttps://community.betfair.com/general_betting/go/thread/view/94082/27478517/reflections-on-making-200000-profit-in-7-and-a-bit-years?post_id=502079661#502079661argh (not having a good day)... what I meant to write was this:What has also got to be considered is this "44.875%" OF gross profit figure could be a lot worse in reality as Eddie's post is calculated over a YEAR and not on the WEEKLY basis that is cSun, 10 Jul 2011 06:54:53 -0500My post was with reference to eddie's post earlier (I didn't realise there was an extra page to this thread :S )Doesn't work like that BJT. Let's say he keep on winning and paying on average 27 % in commission and let's also say he is on 4 % commissihttps://community.betfair.com/general_betting/go/thread/view/94082/27478517/reflections-on-making-200000-profit-in-7-and-a-bit-years?post_id=502079309#502079309My post was with reference to eddie's post earlier (I didn't realise there was an extra page to this thread :S )Doesn't work like that BJT. Let's say he keep on winning and paying on average 27 % in commission and let's also say he is on 4 % commissiSun, 10 Jul 2011 06:47:49 -0500What has also got to be considered is this "44.875" gross profit figure could be a lot worse in reality as Eddie's post is calculated over a YEAR and not on the WEEKLY basis that is currently used for calculation by BF!https://community.betfair.com/general_betting/go/thread/view/94082/27478517/reflections-on-making-200000-profit-in-7-and-a-bit-years?post_id=502079089#502079089What has also got to be considered is this "44.875" gross profit figure could be a lot worse in reality as Eddie's post is calculated over a YEAR and not on the WEEKLY basis that is currently used for calculation by BF!Sun, 10 Jul 2011 06:44:26 -0500catfloppoDate Joined: 16 Nov 06Add contact | Send messageWhen: 10 Jul 11 08:03Joined:Date Joined: 16 Nov 06| Topic/replies: 936 | Blogger: catfloppo's blogGood post Eddie, I hate challenging your calculations because I usually end up being proved wrohttps://community.betfair.com/general_betting/go/thread/view/94082/27478517/reflections-on-making-200000-profit-in-7-and-a-bit-years?post_id=502075661#502075661catfloppoDate Joined: 16 Nov 06Add contact | Send messageWhen: 10 Jul 11 08:03Joined:Date Joined: 16 Nov 06| Topic/replies: 936 | Blogger: catfloppo's blogGood post Eddie, I hate challenging your calculations because I usually end up being proved wroSun, 10 Jul 2011 05:41:37 -0500I'm with you now.I wonder if the good doctor will tell us his actuals? Not just his commission generated but his pc starting rate commission discount etc.Still seems odd that someone would pull the plug on a system because of something that might hahttps://community.betfair.com/general_betting/go/thread/view/94082/27478517/reflections-on-making-200000-profit-in-7-and-a-bit-years?post_id=502069529#502069529I'm with you now.I wonder if the good doctor will tell us his actuals? Not just his commission generated but his pc starting rate commission discount etc.Still seems odd that someone would pull the plug on a system because of something that might haSun, 10 Jul 2011 03:03:18 -0500BJT, when someone says they have generated 27 % of their profits in commission to Betfair, it would normally mean that is what they have paid. Due to all these different numbers regarding PC though, it's aliitle confusing. He may talk about commishttps://community.betfair.com/general_betting/go/thread/view/94082/27478517/reflections-on-making-200000-profit-in-7-and-a-bit-years?post_id=502069437#502069437BJT, when someone says they have generated 27 % of their profits in commission to Betfair, it would normally mean that is what they have paid. Due to all these different numbers regarding PC though, it's aliitle confusing. He may talk about commisSun, 10 Jul 2011 03:00:42 -0500catfloppo, his lifetime commission generated would be 22 %.https://community.betfair.com/general_betting/go/thread/view/94082/27478517/reflections-on-making-200000-profit-in-7-and-a-bit-years?post_id=502069389#502069389catfloppo, his lifetime commission generated would be 22 %.Sun, 10 Jul 2011 02:57:43 -0500Well, I think his use of the word generated is a pretty strong argument suggesting that. I wouldn't even have a clue how much I have paid in commission.Now in regards to the calculation for generated commission, would you care to explain to me how ahttps://community.betfair.com/general_betting/go/thread/view/94082/27478517/reflections-on-making-200000-profit-in-7-and-a-bit-years?post_id=502069333#502069333Well, I think his use of the word generated is a pretty strong argument suggesting that. I wouldn't even have a clue how much I have paid in commission.Now in regards to the calculation for generated commission, would you care to explain to me how aSun, 10 Jul 2011 02:54:39 -0500I knew it, Eddie So, in your example his lifetime commission rate would be 22%https://community.betfair.com/general_betting/go/thread/view/94082/27478517/reflections-on-making-200000-profit-in-7-and-a-bit-years?post_id=502069209#502069209I knew it, Eddie So, in your example his lifetime commission rate would be 22%Sun, 10 Jul 2011 02:48:41 -0500some very very clever people on here making money legitimately from an innovative system that provides a better value service to clueless puntershttps://community.betfair.com/general_betting/go/thread/view/94082/27478517/reflections-on-making-200000-profit-in-7-and-a-bit-years?post_id=502069153#502069153some very very clever people on here making money legitimately from an innovative system that provides a better value service to clueless puntersSun, 10 Jul 2011 02:47:03 -0500