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I'm trying to calculate the commission i've paid by looking at profit figure only but struggling badly.
If for example, I know that my profit on a market was 701.96 and that my commission rate is 4.5% how do I calculate the amount I paid in commission?
Thanks in advance
If for example, I know that my profit on a market was 701.96 and that my commission rate is 4.5% how do I calculate the amount I paid in commission?
Thanks in advance
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Go to 'My Account' then 'Account Statement'
Or,
701.96/100
*4.5
=31.59 commision
Or,
701.96/100
*4.5
=31.59 commision
Thanks but have downloaded to spreadsheet so don't want to go into each record.
I paid 33.08 according to My Account, but I can't work out how to calculate from profit figure
I paid 33.08 according to My Account, but I can't work out how to calculate from profit figure
you paid a little over 4.5%. it'll average at 4.5% but individual bets will go above and below this
in your statement it should tell you the exact %.
should be about 4.72% or something?
should be about 4.72% or something?
just checked and account statement says: Comm Charged 4.5%
2010-06-09
20:10 11179916415 2010-06-09
10:55 GB Ham 9th Jun / 20:05 1m4f Hcap
Comm Charged 4.5% On Net winnings of GBP735.04 - - - (33.08)
20:10 11179916415 2010-06-09
10:55 GB Ham 9th Jun / 20:05 1m4f Hcap
Comm Charged 4.5% On Net winnings of GBP735.04 - - - (33.08)
Net winnings of 735.04 not 701.96
So
735.04/100
*4.5
=33.08
So
735.04/100
*4.5
=33.08
yes sorry for confusion, spreadsheet does not give net winnings figure so trying to derive commission paid from profit figure of 701.96 only
I'm getting confused.
If your net winnings on a market were 735.04 and you're on 4.5% then you pay 33.08 commision which gives you a net profit of 701.96
Is that what you need to know??
If your net winnings on a market were 735.04 and you're on 4.5% then you pay 33.08 commision which gives you a net profit of 701.96
Is that what you need to know??
ha ha sorry
I have a figure on a spreadsheet showing my net profit for each market, in this case 701.96
What I need to know, without checking my account statement each time, is what commission I paid, knowing only that I was on 4.5% and my net profit/loss figure for each market.
I have a figure on a spreadsheet showing my net profit for each market, in this case 701.96
What I need to know, without checking my account statement each time, is what commission I paid, knowing only that I was on 4.5% and my net profit/loss figure for each market.
(701.96 * 100)/95.5
That what you're meaning?
The 95.5 is 100% - 4.5%
That what you're meaning?
The 95.5 is 100% - 4.5%
Then take that answer away from the original to find the commision you paid.
Sorry other way around, take the original away from the answer
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