Some keyfacts:Total bets: 50
Total bets won: 28
Total bets pushed: 6
Total bets lost: 16
Total staked: 485
Total profit: 103,28
My Yield : 21,29% = (103,28/485)x100%
The Yield is calculated by deviding the profit between total staked.
Return on Investment: 151,64% = (303,28/200)x100%
The Return on Investment is calculating by deviding the current bankroll between the bankroll I started with, my amount willing to risk.
Strike Rate: 56,00% = (28/50) x 100%
The strike rate is calculated by deviding winning bets between the total bets placed.
Strike Rate (push excepted): 63,64% = (28/(50-6))x100%
If I decide to except the pushed bets from the total bets my Strike Rate becomes even higher.
@Goallist_Ronnie mentioned on Twitter that the Loss Rate is more valuable to him, he uses it to gauge the length and extent of losing runs.
@SportstraderNL I prefer to understand my loss rate in order to gauge the length & extent of losing runs so in your eg it would be 25% LRLoss Rate : 32,00% = (16/50)x100%
— Ronnie (@Goallist_Ronnie) August 7, 2013
If I understand the concept correctly my maximum losing run in a bettingserie of 100 bets placed would be 32 bets. Please correct me if I am wrong.
I hope I can maintain this numbers at the next measurement point, which will be 100 bets, and ofcourse the end of the season.
If you have any comments, or you think I use an formula wrong, please drop a comment in the section below, always eager to learn!