General Betting
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lets say you have a strategy of laying 1.8 shots and you have a 50% strike rate. you are in big profit long term. lets say you put down 20000 on every bet. lets say you have made 250,000 and qualify for 40-60%.
the question is, how would the pc affect you in this case? you would be losing money as well as winning money quite regularly so commission paid and generated would be very high, possibly high enough to offset PC altogether? or is it now a quesion of how you do week to week like say you win big one week and get hit for 40% then you lose the next week and dont pay pc?
the question is, how would the pc affect you in this case? you would be losing money as well as winning money quite regularly so commission paid and generated would be very high, possibly high enough to offset PC altogether? or is it now a quesion of how you do week to week like say you win big one week and get hit for 40% then you lose the next week and dont pay pc?
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at those stakes you will be a 2% commssion payer. Your long term profit will equate to 11% in generated charges so you'll just miss out on the 50% band but will be paying 40%. The effect on your expected take home profit will be approximately 31% at best (if you do not get caught out by a bad sequential set of results, which would depend on how big your bank was and how many such bets there are per week, the bigger the better in both cases)
The effect on your expected take home profit will be to approximately [b]reduce it by 31%[/b] at best
you would be losing money as well as winning money quite regularly so commission paid and generated would be very high, possibly high enough to offset PC altogether?
Under your scenario you would need to increase your generated charges by 263% to avoid paying it altogether, so that's not remotely close.
Under your scenario you would need to increase your generated charges by 263% to avoid paying it altogether, so that's not remotely close.
thanks mate. any chance you could give me a quick rundown on how you did that calculation?
win 20k comm at 2% = £400
lose 16k implied comm at 3% = £480
generated comm = (400+480)/2 = £440
gross profit = (20k-16k) = 4k
commission genetated % = 440/4000 =11%
shortfall = £1,160
net profit = £4k - £400 = £3,600 before PC
After PC at 40% = £2,440
mimimum fall in profit = 32.23%
lose 16k implied comm at 3% = £480
generated comm = (400+480)/2 = £440
gross profit = (20k-16k) = 4k
commission genetated % = 440/4000 =11%
shortfall = £1,160
net profit = £4k - £400 = £3,600 before PC
After PC at 40% = £2,440
mimimum fall in profit = 32.23%
that's the best case scenario obviously ...paying 2% comm and with perfect sequential results
all work and no play some times sad i know all fun bets are else where
trillions missing money where it gone else where
trillions missing money where it gone else where
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