New Posts For Thread: Mathematical Question for the intelligent folk on here...https://community.betfair.com/horse_racing/go/thread/view/94102/30619897/mathematical-question-for-the-intelligent-folk-on-hereIf you had a starting bank of £100 and backed a 1.01 with full bank (Initially £100) for 300 consecutive days, what would your end bank be?????Statsman - yes, provided it's agreed what the rounding method is - up/down/nearest.https://community.betfair.com/horse_racing/go/thread/view/94102/30619897/mathematical-question-for-the-intelligent-folk-on-here?post_id=546940661#546940661Statsman - yes, provided it's agreed what the rounding method is - up/down/nearest.Wed, 25 Nov 2015 05:16:57 -0600the bank would be blown out of the water why 300 days at 1.01 .. 1.01 get beat every dayhttps://community.betfair.com/horse_racing/go/thread/view/94102/30619897/mathematical-question-for-the-intelligent-folk-on-here?post_id=546940619#546940619the bank would be blown out of the water why 300 days at 1.01 .. 1.01 get beat every dayWed, 25 Nov 2015 05:11:29 -0600The table I put up on page 1 does that ged.https://community.betfair.com/horse_racing/go/thread/view/94102/30619897/mathematical-question-for-the-intelligent-folk-on-here?post_id=546940593#546940593The table I put up on page 1 does that ged.Wed, 25 Nov 2015 05:09:02 -0600In other words, it's arithmetic, not mathematics.https://community.betfair.com/horse_racing/go/thread/view/94102/30619897/mathematical-question-for-the-intelligent-folk-on-here?post_id=546940465#546940465In other words, it's arithmetic, not mathematics.Wed, 25 Nov 2015 04:52:44 -0600You have to round at each step because you can't bet in fractions of a penny, so you can't just bang it into a calculator.https://community.betfair.com/horse_racing/go/thread/view/94102/30619897/mathematical-question-for-the-intelligent-folk-on-here?post_id=546940429#546940429You have to round at each step because you can't bet in fractions of a penny, so you can't just bang it into a calculator.Wed, 25 Nov 2015 04:50:12 -0600Oh I can't get my head round it. Yes if you weren't adding on the bank it would presumably come to + £300 less commission so I probably am barking up the wrong tree. Cue Mafia's picture of Columbohttps://community.betfair.com/horse_racing/go/thread/view/94102/30619897/mathematical-question-for-the-intelligent-folk-on-here?post_id=546940097#546940097Oh I can't get my head round it. Yes if you weren't adding on the bank it would presumably come to + £300 less commission so I probably am barking up the wrong tree. Cue Mafia's picture of ColumboWed, 25 Nov 2015 03:48:09 -0600£1,705.68 is correct to my reckoninghttps://community.betfair.com/horse_racing/go/thread/view/94102/30619897/mathematical-question-for-the-intelligent-folk-on-here?post_id=546940081#546940081£1,705.68 is correct to my reckoningWed, 25 Nov 2015 03:44:36 -0600I think mart is right the way the question is phrased which is why I think the answer is a lot more than the figures being quoted. It's equivalent to the difference between compound and simple interest.https://community.betfair.com/horse_racing/go/thread/view/94102/30619897/mathematical-question-for-the-intelligent-folk-on-here?post_id=546940063#546940063I think mart is right the way the question is phrased which is why I think the answer is a lot more than the figures being quoted. It's equivalent to the difference between compound and simple interest.Wed, 25 Nov 2015 03:42:26 -0600kembo its not 300x 1.01 the stake is going up 100 on at 1.01 = 101 its increasing with every win less commisionhttps://community.betfair.com/horse_racing/go/thread/view/94102/30619897/mathematical-question-for-the-intelligent-folk-on-here?post_id=546935777#546935777kembo its not 300x 1.01 the stake is going up 100 on at 1.01 = 101 its increasing with every win less commisionTue, 24 Nov 2015 15:00:07 -0600kenbo/mice_elf_and_eye have the easier option mindhttps://community.betfair.com/horse_racing/go/thread/view/94102/30619897/mathematical-question-for-the-intelligent-folk-on-here?post_id=546935025#546935025kenbo/mice_elf_and_eye have the easier option mindTue, 24 Nov 2015 14:05:32 -0600