
Originally Posted by
jason.b75
Ok, think I have it.
Normally I would post everything in the thread for the benefit of others looking at the thread, given that there is currently nobody else looking, along with a setup that I don't know where to begin explaining, it is all in the workbook.
I've made a few additions and alterations. Column M conatins a list of parameters, opening stake, minimum profit, facter, etc. Column N contains notes on these parameters.
The numbers to bet in column B and the win/loss flag in column I use random number functions for testing the formulas, these just need to be substitutes for real data later. Once that is done, the 3 parameters commented as being for random testing will no longer be needed.
I've renamed your 'win amount' column as 'potential' and added a 'win' column with a different formula. The win, loss, and profit columns all show cumulative figures. The remaning columns show figures relating to that row only.
Finally, I've added some conditional formatting to highlight any rows if and where a win returns a profit below the threshold, which should only happen if one of the Maximum stake parameters comes onto play (these were an unintentional bi-product of making the formula work successfully,but could be useful).
The theory being that if you have consecutive losses resulting in a big negative on profit, that the formula will limit stakes in an attempt to reduce the deficit over multiple wins instead of trying to do it with one large bet.
To check the results with random numbers, press the f9 key to recalculate the random functions.
Have a look, see what you think.
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