Very noob question...please help!

The sport of kings.
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DarrenB
Posts: 51
Joined: Sun Feb 05, 2023 5:18 pm

Hi,
I have a very noob question. On the image below from the exported profit and loss file. I traded on Bond spirit and hedged at the grand profit of 1 pence lol. Master Grey eventually won the race and my question is this...Did I get a penny for Bond Spirit or 4 pence for Master Grey? :D
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Dallas
Posts: 23547
Joined: Sun Aug 09, 2015 10:57 pm

You get the amount next to the eventual winner
So you got 4p from Master Grey
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

DarrenB wrote:
Fri Feb 10, 2023 11:09 pm
Hi,
I have a very noob question. On the image below from the exported profit and loss file. I traded on Bond spirit and hedged at the grand profit of 1 pence lol. Master Grey eventually won the race and my question is this...Did I get a penny for Bond Spirit or 4 pence for Master Grey? :D
If you trade one or two horses and green up, you'll get the same amount for each horse except the ones you've traded. This is because of rounding off to the nearest penny when calculating stakes so it's more prevalent when stakes are small. If you traded 100 times as much you'd get £4 next to each horse but something like £3.97 if Bond Spirit was the winner, not £1. :)
DarrenB
Posts: 51
Joined: Sun Feb 05, 2023 5:18 pm

Thanks guys. 😊
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