New Posts For Thread: profit and loss maths help?https://community.betfair.com/general_betting/go/thread/view/94082/29065259/profit-and-loss-maths-helphi #according to records supplied by betfair, my net P+L figure is massively worse than the difference between total deposits and withdrawals over lifetime of my account.how can this be?not read the thread, but if it hasn't been said already, Tote bets do not appear in your profit + loss figure.https://community.betfair.com/general_betting/go/thread/view/94082/29065259/profit-and-loss-maths-help?post_id=518745463#518745463not read the thread, but if it hasn't been said already, Tote bets do not appear in your profit + loss figure.Wed, 18 Apr 2012 07:34:23 -0500Most people pay much more than 20%.https://community.betfair.com/general_betting/go/thread/view/94082/29065259/profit-and-loss-maths-help?post_id=518744099#518744099Most people pay much more than 20%.Wed, 18 Apr 2012 06:42:51 -0500ror - most people pay 20% commission? that means if you chase your losses then you'll never pay the pc ! now there's a thought for all them martian gayle nutters a guaranteed winning system where you dont pay pc ! Bill Gates chasing a dollar - it worhttps://community.betfair.com/general_betting/go/thread/view/94082/29065259/profit-and-loss-maths-help?post_id=518742263#518742263ror - most people pay 20% commission? that means if you chase your losses then you'll never pay the pc ! now there's a thought for all them martian gayle nutters a guaranteed winning system where you dont pay pc ! Bill Gates chasing a dollar - it worWed, 18 Apr 2012 05:28:51 -0500"(Note that in this form of the equations Withdrawl and comm paid would be expressed as a negative value)."https://community.betfair.com/general_betting/go/thread/view/94082/29065259/profit-and-loss-maths-help?post_id=518701181#518701181"(Note that in this form of the equations Withdrawl and comm paid would be expressed as a negative value)."Tue, 17 Apr 2012 03:06:41 -0500net P&L = Gross P&L + commission paid.????net P&L = Gross P&L minus commission paid surely?https://community.betfair.com/general_betting/go/thread/view/94082/29065259/profit-and-loss-maths-help?post_id=518700937#518700937net P&L = Gross P&L + commission paid.????net P&L = Gross P&L minus commission paid surely?Tue, 17 Apr 2012 02:37:14 -0500To be sure of calculations I just checked20%*Gross PL - Total charges = Max possible Premium ChargeAnd thenAvailable allowance - Max possible Premium Charge = Remaining allowancehttps://community.betfair.com/general_betting/go/thread/view/94082/29065259/profit-and-loss-maths-help?post_id=518700347#518700347To be sure of calculations I just checked20%*Gross PL - Total charges = Max possible Premium ChargeAnd thenAvailable allowance - Max possible Premium Charge = Remaining allowanceTue, 17 Apr 2012 01:24:46 -0500All true. I'm just under 18% and mine remaining allowance is getting thinhttps://community.betfair.com/general_betting/go/thread/view/94082/29065259/profit-and-loss-maths-help?post_id=518700213#518700213All true. I'm just under 18% and mine remaining allowance is getting thinTue, 17 Apr 2012 01:09:45 -0500Yes bob, the PC basically rounds people who've paid less than 20% up to the 20%.The people who pay very little commission are those who always take green positions in markets, so their commission is much closer to 5%.These are the industrialists thathttps://community.betfair.com/general_betting/go/thread/view/94082/29065259/profit-and-loss-maths-help?post_id=518695189#518695189Yes bob, the PC basically rounds people who've paid less than 20% up to the 20%.The people who pay very little commission are those who always take green positions in markets, so their commission is much closer to 5%.These are the industrialists thatMon, 16 Apr 2012 19:48:40 -0500tied up laying Man U for the title @ 4https://community.betfair.com/general_betting/go/thread/view/94082/29065259/profit-and-loss-maths-help?post_id=518694051#518694051tied up laying Man U for the title @ 4Mon, 16 Apr 2012 18:50:37 -0500just to note i've never paid PC so 30% still about right?https://community.betfair.com/general_betting/go/thread/view/94082/29065259/profit-and-loss-maths-help?post_id=518694029#518694029just to note i've never paid PC so 30% still about right?Mon, 16 Apr 2012 18:49:38 -0500