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Can someone tell me the % profit in green under betfair results for BSP against ISP includes the 5% comm
or do you have to take another 5% of that price?
or do you have to take another 5% of that price?
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I'm confused - as the % difference dont seem to calculate so how do they do it
latest race example - surely a 25% uplift = 3.0 not 2.84, any clues ...
02:56 Mountaineer Casino Racetrack & Resort (US) Industry SP Betfair SP
1st Circus Game 2.4 2.84
2nd Velvet Halo 14.9 15
3rd Patch O'gold 31 18.01
Winner SP Advantage: 25%
Ran: 7
Non Runners: None
Status: Result
View full result
latest race example - surely a 25% uplift = 3.0 not 2.84, any clues ...
02:56 Mountaineer Casino Racetrack & Resort (US) Industry SP Betfair SP
1st Circus Game 2.4 2.84
2nd Velvet Halo 14.9 15
3rd Patch O'gold 31 18.01
Winner SP Advantage: 25%
Ran: 7
Non Runners: None
Status: Result
View full result
cheers elise, I looked at that as was trying to answer OP ?
but that doesnt really explain the % difference and more I looked at it - I cant see how the % is calculated
but that doesnt really explain the % difference and more I looked at it - I cant see how the % is calculated
In response to the OP, yes, 5% commission is factored in to the percentage figure when BSP is compared to ISP.
Deltâ
In your example the 25% figure has been rounded up,it's actually 24.86%.
Just plug the BSP and ISP figures, 2.84 and 2.4 in to a spreadsheet in cells A1 and A2 respectively.
In cell A3 copy and paste the formula below...
=(((A2-1)*0.95)-(B2-1))/(B2-1)
Deltâ
In your example the 25% figure has been rounded up,it's actually 24.86%.
Just plug the BSP and ISP figures, 2.84 and 2.4 in to a spreadsheet in cells A1 and A2 respectively.
In cell A3 copy and paste the formula below...
=(((A2-1)*0.95)-(B2-1))/(B2-1)
gotcha - as in using the calc top 2, thanks
altho if i put that formula in A3 - didnt come out right
...
but get the theory
tar
altho if i put that formula in A3 - didnt come out right
...
but get the theory
tar
Sorry, should have mentioned....
Format cell A3 for 'Percent', two decimal places.
Format cell A3 for 'Percent', two decimal places.
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