BB gambler's performance

[pepin46]

a question for you gambling gurus:

which is the best way to measure $$ return performance. is it amount risked vs. return?

say all your bets are one unit, regardless of the line, and you play 500 games. that would be a risk of 50,000.- vs. the results, giving a certain percentage return. is there another way(s)?

among pros, what is considered poor, acceptable, superior, in percentage return?

thanks


pep

 

[Trampled Underfoot]

I keep track of all my wagers on spreadsheets and calculate my profit per dollar wagered. At the end of the month I hope to earn about 5% on each dollar wagered. That equals a winning percentage of 56%.
So if my bankroll was say $10,000 this is what I would hope to see.

200 wagers for the month X $150 per bet=$30,000 at risk for the month

If my profit for the month was $2000, my profit per dollar wagered would be:
$2000/$30,000=6.7%~~~~~

Like I said 'hoped'

To be honest I would say the goal is to be above 3%. That equates to a winning percentage of 54%...which in the long run is enough to make you alot of cash $$$$$$.

Trampled