Been tweaking. Haven't looked at anyone elses yet but as soon as I have posted I will be checking coverage and selections of others to see how I compare.
To assist with potentially adding formulas I have added the pool totals to the end column:
EQUITY
PERM 1
PERM 2
PERM 3
PERM 4
PERM 5
PERM 6
PERM 7
PERM 8
TOTAL
POOL/UNITS LEFT
PERM COST
£6.40
£4.80
£4.80
£4.80
£4.80
£4.80
£4.80
£4.80
£40.00
£75,291.28
EQUITY BEFORE START
£4.48
£3.36
£3.36
£3.36
£3.36
£3.36
£3.36
£3.36
£28.00
£54,963.00
AFTER LEG 1
£7.05
£2.64
£2.64
£1.76
£5.29
£2.64
£2.64
£5.29
£29.95
£49,878.79
AFTER LEG 2
£12.46
£9.34
£4.67
£3.11
£9.34
£9.34
£4.67
£0.00
£52.93
£14,119.18
AFTER LEG 3
AFTER LEG 4
AFTER LEG 5
AFTER LEG 6
The top right column, (£75,291.28) is the pool BEFORE deduction, the one underneath it, (£54,963.00) is the pool AFTER deduction, the figures in the right column, under that are the actual units left.
The formula to calculate the equity is as follows: POOL AFTER DEDUCTION/UNITS LEFT* NUMBER OF LINES LEFT IN THE PERM * UNIT STAKE.
Is that something you can work with P66? Shall I email spreadsheet? Cheers,
Still in 5 after 3. Following on phone and have been backing my no1 pick each race so i can watch it. Making a real profit at least. Bound to bok in now as my nap is up next. Posted by Phantom66
WELL DONE PHANTS.... KEEP IT UP MATE. Dilemma....... I've backed PURSUING STEED 3/1 and TIME CHANGE 11/4 and my NAP PILGRIM'S TREASURE 11/4 in an e/w treble Can CASH OUT for £35 or think i get £15 for 2nd or 3rd ....or £135 if it wins..... hmmmmmmm Posted by MISTY4ME
Good luck mate I had them both but didn't put them together really hope you get it . Now Time Change same owners of Time Charter now she was some horse wasn't she.
In Response to Re: Phantom's Practice Perms : Good luck mate I had them both but didn't put them together really hope you get it . Now Time change daughter of Time charter now she was some horse wasn't she. Posted by vaigret
Oh yes....TIME CHARTER was BRILLIANT
think TIME CHANGE is actually grand daughter but she looks pretty good. TIG TOG same owners as TIGGY WIGGY also named after owners daughter looked a surefire winner
Still in 5 after 3. Following on phone and have been backing my no1 pick each race so i can watch it. Making a real profit at least. Bound to bok it now as my nap is up next. Posted by Phantom66
I make it just 4, have I gone wrong? Perms 1,3,4 and 6 still live.
Comments
Sienna Says the danger
In the car's case it's mainly the VAT, in your case, it's the 30% that they take out the pool.
So you need to make 4% per leg to catch up.
The first leg you made 1.07%, but at least it is positive. GL!
G
Your £40 outlay has a current worth of £52.93, which is great as it means you have already covered the 30% margin and some.
G
Virtual GL!
G
The top right column, (£75,291.28) is the pool BEFORE deduction, the one underneath it, (£54,963.00) is the pool AFTER deduction, the figures in the right column, under that are the actual units left.
The formula to calculate the equity is as follows: POOL AFTER DEDUCTION/UNITS LEFT* NUMBER OF LINES LEFT IN THE PERM * UNIT STAKE.
Is that something you can work with P66? Shall I email spreadsheet?
Cheers,
G
G
Have I missed one somewhere?
G