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11s PP: How is it possible to make a profit

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#15

12-18-2005, 06:42 PM

Mr_J

Senior Member

Join Date: Dec 2004

Posts: 639

Re: 11s PP: How is it possible to make a profit

[ QUOTE ]
For a rookie, can anyone tell me if I am missing something.

[/ QUOTE ]

Heh yeh maths skills [img]/images/graemlins/wink.gif[/img].

40% ITM, say 13.33% for each of the paid placings. That's ((.133*39 + .133*19 + .133*9) - .6*11)/11 = 21.18% ROI.

That's 33.27% ROI for 44% ITM.

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