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Old 02-23-2017, 02:48 AM   #1
kaiibiux
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What is the difference between profit on turnover and return on investment?

If you invest $1000 and the total return including investment is $1100 ($100 profit), the POT is 10% as is the return on investment, they seem to mean the same thing just worded differently is this correct? thanks.
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Old 02-23-2017, 11:39 PM   #2
RustyBrooks
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Re: What is the difference between profit on turnover and return on investment?

I've never heard anyone use the term "profit on turnover", can you link to some examples?
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Old 02-24-2017, 03:41 AM   #3
kaiibiux.
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Re: What is the difference between profit on turnover and return on investment?

https://www.google.com.au/webhp?sour...+on+turnover&*
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Old 02-24-2017, 10:11 AM   #4
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Re: What is the difference between profit on turnover and return on investment?

Well, that's all I needed to know.
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Old 02-24-2017, 10:43 AM   #5
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Re: What is the difference between profit on turnover and return on investment?

Article example http://thegreattipoff.com/news/11/20...-high-turnover
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Old 02-24-2017, 08:28 PM   #6
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Re: What is the difference between profit on turnover and return on investment?

It seems to me - and this is just my impression from the types of questions that turn up here from time to time - that in Australia and UK the horse race betting industry has a lot of lingo specific to them. I think - again, just an impression, the people giving advice do this to make it seem more complicated than it is.

In this case, from a quick review of a few sites, "turnover" is just their term for the total amount bet over a period of time. So to answer you question, yes.
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Old 02-24-2017, 11:06 PM   #7
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Re: What is the difference between profit on turnover and return on investment?

thanks
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