Hello everyone,
I have this strategy that i want to implement but im holding back due to the profit/loss math behind it. Can some one be able to clarify if this is a profit or loss?
example
If i bet for lets say 20 games at $27.25 for a box game playing 109 numbers per draw, the over all cost would be $545 ($27.25 * 20). But lets say i win 12 games and lose 8 games would this mean that:
i made $123 in profit only (adding on $10.25. $37.50- $27.25 = $10.25) or $205 (37.50*20 = $750 - $545 = $205) or would i have a loss of $-422 ($123 - $545)?
