Trading What I see !?
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ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
OK. Our slight misunderstanding is because of the terminology. Net pl is after commission, gross pl is before commission. I think you're using 'net' to refer to the sum of (the gross back and gross lay amounts). Net and gross work just like your payslip, if you made £100 basic and £50 in overtime you wouldn't say you'd netted £150. You'd gross £150 and net is after tax.
Stick to just looking at net (ie take home pay). Personally I never even look at gross as it's misleading because sometimes a lesser gross can actually result in a better net.
Eg if you've got a load of markets were you make £1 gross or lose 99p your gross increases but you're net losing money because the wins are actually only 98p. Take those out and gross reduces but net increases.
You're making more of a point than needed of this, I know all this...ShaunWhite wrote: ↑Sat Nov 27, 2021 10:49 pmOK. Our slight misunderstanding is because of the terminology. Net pl is after commission, gross pl is before commission. I think you're using 'net' to refer to the sum of (the gross back and gross lay amounts). Net and gross work just like your payslip, if you made £100 basic and £50 in overtime you wouldn't say you'd netted £150. You'd gross £150 and net is after tax.
Stick to just looking at net (ie take home pay). Personally I never even look at gross as it's misleading because sometimes a lesser gross can actually result in a better net.
Eg if you've got a load of markets were you make £1 gross or lose 99p your gross increases but you're net losing money because the wins are actually only 98p. Take those out and gross reduces but net increases.
The Back and Lay stats are purely there to see, what side is winning...nothing more
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ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
The post I was refering to looked like you were comparing the total gross returns. I apologise if you already knew this was meaningless.
goat68 wrote: ↑Sat Nov 27, 2021 4:47 pmSo updated model strategy still positive, and ahead of previous model running in parallel:
New model:
Week 1 Back : 192.40
Week 1 Lay : -158.40
Week 1 TOTAL : 34.00 for 979 bets
Previous model:
Week 1 Back : -193.12
Week 1 Lay : 163.87
Week 1 TOTAL : -29.25 for 1148 bets
no don't apologise Shaun, my fault for posting misleading figures. I'll post the market PnL comparison graph next time, like above, that's more useful and accurate.ShaunWhite wrote: ↑Sun Nov 28, 2021 3:46 amThe post I was refering to looked like you were comparing the total gross returns. I apologise if you already knew this was meaningless.
goat68 wrote: ↑Sat Nov 27, 2021 4:47 pmSo updated model strategy still positive, and ahead of previous model running in parallel:
New model:
Week 1 Back : 192.40
Week 1 Lay : -158.40
Week 1 TOTAL : 34.00 for 979 bets
Previous model:
Week 1 Back : -193.12
Week 1 Lay : 163.87
Week 1 TOTAL : -29.25 for 1148 bets
cheers
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ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
Gambling is predominantly a blue collar pastime and dogs especially are an old man's game (ie not online at home). That demographic are either on their arse broke or dead or stuck indoors. I'm surprised there's any money at all.
And almost everyday there's new and more interesting ways to spend your leisure money. When I used to spend my days in the bookies there was f-all else to do, these days dogs and horses look about as interesting as brass rubbing to anyone under 30.