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deaves
06 Feb 10 02:51
Joined:
Date Joined: 12 Jan 09
| Topic/replies: 47 | Blogger: deaves's blog
G'day guys.
Bout to set off on a % gain per day challenge to see how i fair.

Just wondering if anyone could show me the formula i need to calculate a certain % win per day to reach a goal.

example bank of 200 wins of 2.5% per day for 1 year? thanks guys
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Report qet February 6, 2010 3:19 AM GMT
Assume you will not bet 365 days per year. So I'll give you 35 days off.

After 330 days you'll be the proud owner of 691.680,57 GBP, supposed you find bets where you can place up to 17.292,01 GBP per day (2.5% of 691.680,57).

365 days, btw, are 1.641.499,91 GBP.
Report qet February 6, 2010 3:26 AM GMT
Sorry,made a mistake in line 2 (perhaps the few brandies I had tonight).
The 17.292,01 GBP are the profit you would have to make on day 331.
Report deaves February 6, 2010 3:39 AM GMT
ahh thanks for doing the work.

but would you actually be able to show me how to do the formula? ha cheers
Report Compound Magic February 6, 2010 4:31 AM GMT
=FV(0.025,365,0,-200)
Not taking into account commission

1.025 is %, 365 is no of days, the 0 is no additions per period and -200 is your start amount
Report Real Deal February 6, 2010 7:14 AM GMT
Here you go m8,just copied this off supergranni's thread.It might be an idea to check that one out.I'ts got some good lads on there,especially tonibroke.He knows his onions,just had a run of 100 selections on the trot.

£50.00 2.50% Today
1 £51.25
Report deaves February 6, 2010 8:58 AM GMT
yeah thats great mate thanks.

will have a look, well had a good trade on the tennis just now and got more than my 2.5%, so unless something i feel definate comes along my winnings for the day is complete.

thanks again
Report Real Deal February 6, 2010 9:04 AM GMT
That sounds good m8,if you have the most important thing which is discipline then it can be done.You sound like you have a good approach etc,so I'll look out for you with fingers crossed. Dont forget to check out tonnibroke though cause he's abit of a Guru on here.A proper cool hand Luke.
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