What profit are you looking for?

Hi
Wet Bank Holiday Monday, (no surprise there). I was just musing on what sort of profit everybody is looking for.
With the economic climate as it is a good return on one's investment is probably 6% per annum.
Therefore should I consider 6% per day a good return on my investment? Then what is my investment? Would you
use the stake per bet as your investment? So for example on a £10 stake a return of £6, or would you consider your
bank as your investment so a bank of £500 you are looking for a return of £30 a day.
I wonder what anybody else thinks, especially as I think that the second most important thing MarketFeeder does, after
triggered betting, is take the emotion out of betting so that it can and should be treated as a risk investment.
Anybody's ideas, thoughts welcome.
Mike

to get an idea on what your return on investment is (ROI), add up all the money that you bet over a certain time period (be it a year or a month or a week) and then divide your profit by that amount. Multiply the result by 100 for the answer in percent

EG if you stake £5000 in a month and you make a profit over that period of £500, then your ROI for that month is (£500/£5000)x100 which equals 10, so your ROI is 10% for that period

Bear in mind that if you are staking £5000 in a month your bank doesnt have to be that big as the money you stake will be restaked multiple times.

Obviously, anything over what you could get investing that money elsewhere means that your money is working for you by using market feeder.

Some people bet 10% of their bank a day, and stop trading at a 10% increase

The 10% is the amount your willing to set aside to bet with for the day

So for example with a bank of £500/10%=£50

The £50 could be split up into as many bets as you want
-1 single bet = £50
-10 bets = 50/10 = £5
-20 bets = 50/20 = £2.50

Some people also include a stop loss of a % too... say something like 3%

Starting Bank 500, Stop trading 550 (profit target for the day), Stop loss 485

On the whole, i dont chase loses. So martingale and such like i dont do. Maybe recoup loss in smaller bets until last loss is achieved, then proceed is a better approach. This is what market feeder and xfeeder is good at, some triggers for it.

Just some thoughts on money statergy, all the best

p.s. for me i make £2-4 pound bets and stop around £60 if im lucky that day, green, green, green grow the garden haha

Hi
Yeah thanks, I think that some people have unrealistic expectations, I would think that
even making profit each day of the same as your stake is a good return that is 100% profit.
Then every month increase your stake in proportion to your bank patience is the key.
I am just putting forward the idea that betting mind-set and investing mind-set are totally
different, chasing losses is a dangerous strategy as it is always surprising how quickly you
can be backing at tens to one on. We all love the buzz of a 10-1 winner but as a long term
strategy I would put forward using small return less risk strategy is the better way to go. The
system I am testing is winning 88.7% of bets and returning 7.5% profit per bet and at present
an average of 106% of stake a day or £10-60 a day to £10 stakes,
not the excitement of the big winner but steady.
Any thoughts welcome
Mike

To work out how much a number would increase by over a number of days
e.g.
Current bank: £100
Percent increase per day 1%
Number of days: 365

bank*((percent/100)+1)^days = what bank would be if increased by 1% everyday for a year
100*((1/100)+1)^365 = £3778.34

Hi
Thanks to all for the replies, I am aware of the mathematics behind returns, R.O.I.
and growth etc.
I was really just trying to start a bit of a discussion on what people were after in their
use of MarketFeeder and betting in general.
Big wins, steady wins not so much the technicalities more general discussion.
Mike

What profit are you looking for?

Hello Guest