1. #1
    Jan Richter
    Jan Richter's Avatar Become A Pro!
    Join Date: 02-24-16
    Posts: 4
    Betpoints: 48

    Profit Factor in Sportsbetting?

    I asked that question in the newbie forum already but nobody answered. So i thought i would try here.

    Hey, Guys! In trading one of the possibilities to judge a "System" is to calculate the Profit Factor. (Gross Win / Gross Loss). For example i make 500 bets $100 each and win 55% So it would be:

    (275*95=26.125) / (225*100=22.500) = 1,16 Profit Factor. Do you guys have anything similar to that? What would be a "good" and what a "realistic" number?

  2. #2
    Division
    Division's Avatar Become A Pro!
    Join Date: 05-31-16
    Posts: 150
    Betpoints: 927

    Why do you think this profit factor is a good way to judge a systems results versus more traditional metrics?

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