How is profit measured anyway?

[CONMEN]

Hi Guys,

I wanted to share with you some thoughts.

How is volume measured overall?

How logical is to have 18 active players in day, making a volume of €1,803 and profits to be €4? And the next day 12 active players, making a volume of €1,300 with profits €2.20?

I mean It's so close to €0... I can't understand how my players MANAGE all together to have EVEN losses/earnings...

Any explanation guys?

Regards,

[thebookiesoffers]

players win as well you know mate, sometimes we just have to play the long game

[CONMEN]

Well.. I'm not asking whether Players are allowed to win or no.. This is obvious.. I'm just concerned with the numbers.. How can so many players bet and the total sum to be so close to zero, for two consecutive days? The Volume is not 50 or 60 euro, but more than 1K..

[thebookiesoffers]

easy, only take a couple of big bets on an evens priced winner to put you behind

maybe someone was losing badly all day and had one big last bet to get them out of trouble

[CONMEN]

It's 18 players... Not 1.. I get overall stats not for a single person.. (That's how is supposed to work)

[thebookiesoffers]

17 players lose £500 between them. another player wins £500 on a single bet. it aint rocket science

[CONMEN]

What are the probabilities this to happen 2 consecutive days scientist? €2 < profit < €4 [15 players avg., €1,550 volume avg.]

[justbookies]

What are the probabilities this to happen 2 consecutive days scientist? €2 < profit < €4 [15 players avg., €1,550 volume avg.]

I ran a bookmaker and we had a couple of three-month consistent losing periods. It happens. Bet365 are a truly great company for affiliates and you keep opening threads slating them. If you don't like them stop promoting them, but you can get bad runs or losing runs anywhere. If you can't handle that then this business may not be for you. You want to look at stats over a year, not two days.

[thebookiesoffers]

What are the probabilities this to happen 2 consecutive days scientist? €2 < profit < €4 [15 players avg., €1,550 volume avg.]

lol, you should be thankful they didn't win more

[CONMEN]

1. Two posts, are not "keep on opening threads'...
2. It seems that YOU are really upset with that. Why?
3. It's because I've looked it since February, that's why i'm concerned.

Regards

[CONMEN]

lol, you should be thankful they didn't win more

Well if the loss was more, it would be more logical.. That's why you don't understand my concept.. believe me if i choose 15 random players now and tell them to bet on any markets and generate €1500 of volume, all together they can't be summing that close to €0 for two consecutive days.. END OF CONVERSATION

[thebookiesoffers]

Well if the loss was more, it would be more logical.. That's why you don't understand my concept.. believe me if i choose 15 random players now and tell them to bet on any markets and generate €1500 of volume, all together they can't be summing that close to €0 for two consecutive days.. END OF CONVERSATION

Tell me why those figures can not happen then? go on, tell me why 1 person can't have a big win?

Edit - especially if customers are using tips from the number 1 prediction site in Cyprus

[ogpaper]

The most likely explanation is that the majority of those bets were future bets and won't be settled for a few days, maybe EPL bets? Or simply a statistical anomaly

Unfortunately Bet365 is the worst when it comes to stats - you can't really see what your players are doing, so it's a guessing game at best.
There is so much more to be desired from Bet365, but it seems most affiliates are content with the current situation.

For example, the total number of "Active Sports Users" for the month is calculated by Bet365 by adding up all daily active sports users, without accounting for repeat bettors. So if you had just one player with Bet365 and that player placed a bet every day - the total monthly users would be shown as 30 instead of just 1.
One may see this as unimportant, but simple mistakes like that renders their stats useless. It also makes you wonder what other mistakes are there...

Their player deposit stats are worse. Even during the best of months I don't seem to be able to get an average deposit value of more than 20 GBP. I have had days where the average deposit value is as low as 6 GBP. Makes no sense at all.

Bottom line is that you can't trust Bet 365 stats, they are useless and will be until Bet 365 opens up and begins showing player activity like any other respectable bookmaker does. Until such time - the best you have is to just take their word for it.

[CONMEN]

Thanks 'ogpaper' for your post.. but be careful.. 'thebookiesoffers' is gonna be really mad with you...

p.s.: 'thebookiesoffers' keep that 'irony' to yourself and put your tongue back to your mouth.. too much saliva dropping

[thebookiesoffers]

Thanks 'ogpaper' for your post.. but be careful.. 'thebookiesoffers' is gonna be really mad with you...

p.s.: 'thebookiesoffers' keep that 'irony' to yourself and put your tongue back to your mouth.. too much saliva dropping

so you can't answer my question then?

[blendtec]

It happens..I see it regularly, 3k turnover, -£6 etc. It is what it is. You should probably contact your AM if you can't accept it or simply stop promoting them. It would be more "logical" for them to shave the player completely rather than create stats that make you question if they are real. I trust them and I can say the stats are normal if I compare with my own.