
3rd November 2010, 04:31 PM
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Member
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Join Date: Nov 1999
Location: Western Australia
Posts: 2,426
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Thanks everyone for the feedback, Interesting simple idea Michaelg, I guess you place your bets at a given point b4 the off??
Peterpan,
An excellent reply which of course explains it but still,
I didn't bet an average on each did I? I bet to prices and the return of
$1300 return from an OVERALL outlay of $1144 is still $156 which is profit on turnover of 13.6% (OVERALL)
In my mind I still add up ALL bets placed whatever size whatever outcome, -V- Total returns to arrive at a POT OR LOT, am I wrong to do this?
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