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  #1  
Old 1st October 2012, 02:46 PM
Benny Benny is offline
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Post Money Management
I have just finished my first week 9-5 using my 3 main systems.

Starting Bank $50.00
Ending bank $62.85

How do I calculate how much the bank has increased

Will be posting the tips starting on Fri for those who are interested.
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  #2  
Old 1st October 2012, 02:49 PM
darkydog2002 darkydog2002 is offline
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Thanks Benny .
Cheers
darky
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  #3  
Old 1st October 2012, 03:01 PM
UselessBettor UselessBettor is offline
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Quote:
Originally Posted by Benny
I have just finished my first week 9-5 using my 3 main systems.

Starting Bank $50.00
Ending bank $62.85

How do I calculate how much the bank has increased

Will be posting the tips starting on Fri for those who are interested.

There is profit on starting bank which will be

62.85/50 = 25.7%

And then there is POT. But for that I need to know how miuch you bet on each selection and how many selections there were.
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  #4  
Old 1st October 2012, 03:10 PM
Benny Benny is offline
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Quote:
Originally Posted by UselessBettor
There is profit on starting bank which will be

62.85/50 = 25.7%

And then there is POT. But for that I need to know how miuch you bet on each selection and how many selections there were.


Thanks
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  #5  
Old 1st October 2012, 06:19 PM
norisk norisk is offline
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Benny, repeat that 25% each week & your home & hosed
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  #6  
Old 1st October 2012, 06:33 PM
Benny Benny is offline
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Quote:
Originally Posted by UselessBettor
There is profit on starting bank which will be

62.85/50 = 25.7%

And then there is POT. But for that I need to know how miuch you bet on each selection and how many selections there were.


I worked it out using a calcular and it gave me an answer of 1.257. How did you get 25.7%
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  #7  
Old 1st October 2012, 06:34 PM
Benny Benny is offline
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Quote:
Originally Posted by norisk
Benny, repeat that 25% each week & your home & hosed


Easier said than done.
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  #8  
Old 1st October 2012, 07:12 PM
UselessBettor UselessBettor is offline
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Quote:
Originally Posted by Benny
I worked it out using a calcular and it gave me an answer of 1.257. How did you get 25.7%

Oops sorry ok the real calculation is

(62.85-50)/ 50 *100 = 25.7

You have to remove the 50 you started with. Then times it by 100 to change it from 0.257 to 25.7
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  #9  
Old 1st October 2012, 07:25 PM
The Ocho The Ocho is offline
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Zis is correct.


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  #10  
Old 1st October 2012, 08:05 PM
jose jose is offline
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62.85/50 then shift the decimal point 2 to the right.
Shortest way I know.
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