New Posts For Thread: Calculating Profithttps://community.betfair.com/general_betting/go/thread/view/94082/28891391/calculating-profitIf I am trading and after 34 trades with a £1 stake I have made £3.15 with commission deducted. That works out at an average of £9.26 profit every 100 trades. If the average odds that I open at are 8.28 my maximum potential loss on each trade is Thank you tobermory I realise 34 trades is a small sample but it is a promising start, it is the most promising line of enquiry that I have come up with for ages.About 20% of the events in the sport I am concentrating on are suitable and only a handfhttps://community.betfair.com/general_betting/go/thread/view/94082/28891391/calculating-profit?post_id=515875837#515875837Thank you tobermory I realise 34 trades is a small sample but it is a promising start, it is the most promising line of enquiry that I have come up with for ages.About 20% of the events in the sport I am concentrating on are suitable and only a handfThu, 02 Feb 2012 15:25:17 -0600It would be if you were betting larger sums.Risk £728 per bet and every 34 markets you'd make £300 . If you could bet on several hundred markets per month then 1.27% profit would be a decent living.Though as you'd be wise to bet only a small % of yhttps://community.betfair.com/general_betting/go/thread/view/94082/28891391/calculating-profit?post_id=515875281#515875281It would be if you were betting larger sums.Risk £728 per bet and every 34 markets you'd make £300 . If you could bet on several hundred markets per month then 1.27% profit would be a decent living.Though as you'd be wise to bet only a small % of yThu, 02 Feb 2012 15:13:39 -0600Is 1.27% enough to make it worthwhile?https://community.betfair.com/general_betting/go/thread/view/94082/28891391/calculating-profit?post_id=515874457#515874457Is 1.27% enough to make it worthwhile?Thu, 02 Feb 2012 14:51:28 -0600Oh i read it that he was was making all those bets in just 1 marketIf he is talking about 34 different markets, with £7.28 risked on each, then his profit is 1.27%https://community.betfair.com/general_betting/go/thread/view/94082/28891391/calculating-profit?post_id=515873359#515873359Oh i read it that he was was making all those bets in just 1 marketIf he is talking about 34 different markets, with £7.28 risked on each, then his profit is 1.27%Thu, 02 Feb 2012 14:24:27 -0600Ooh i'm confused tobermory. Isn't £3.15 what you've made after 34 trades but 7.28 what you could lose for each individual trade.Personally, i'd just look at my bf balance and convert my profit into a percentage from that.https://community.betfair.com/general_betting/go/thread/view/94082/28891391/calculating-profit?post_id=515872983#515872983Ooh i'm confused tobermory. Isn't £3.15 what you've made after 34 trades but 7.28 what you could lose for each individual trade.Personally, i'd just look at my bf balance and convert my profit into a percentage from that.Thu, 02 Feb 2012 14:14:51 -0600You biggest Red = £7.28 + £3.15 profit = £10.43IMO you have 'invested' £7.28 in the market and returned £10.43Your ROI is 143.26% .https://community.betfair.com/general_betting/go/thread/view/94082/28891391/calculating-profit?post_id=515870725#515870725You biggest Red = £7.28 + £3.15 profit = £10.43IMO you have 'invested' £7.28 in the market and returned £10.43Your ROI is 143.26% .Thu, 02 Feb 2012 13:19:03 -0600Sorry, but where does the £10.43 come from?https://community.betfair.com/general_betting/go/thread/view/94082/28891391/calculating-profit?post_id=515867839#515867839Sorry, but where does the £10.43 come from?Thu, 02 Feb 2012 11:55:30 -0600Personally i would call the £7.28 the stake and the return £10.43 ,so the profit is 43.26%As said though , people have different ideas about ithttps://community.betfair.com/general_betting/go/thread/view/94082/28891391/calculating-profit?post_id=515841853#515841853Personally i would call the £7.28 the stake and the return £10.43 ,so the profit is 43.26%As said though , people have different ideas about itWed, 01 Feb 2012 17:56:28 -0600Sorry 1.27548 % ROIhttps://community.betfair.com/general_betting/go/thread/view/94082/28891391/calculating-profit?post_id=515841789#515841789Sorry 1.27548 % ROIWed, 01 Feb 2012 17:55:01 -0600100 intial risk - £1 x 7.28 x 100 = stakes risked £728ROI = 9.26 divide by 726 = 0.0127548 %Some may argue differently re the "RISK"........https://community.betfair.com/general_betting/go/thread/view/94082/28891391/calculating-profit?post_id=515841365#515841365100 intial risk - £1 x 7.28 x 100 = stakes risked £728ROI = 9.26 divide by 726 = 0.0127548 %Some may argue differently re the "RISK"........Wed, 01 Feb 2012 17:42:49 -0600