The first linked market claims I made a profit of M$212. In order to resolve the second linked market (which also factors in the bribes of at least M$220 that I paid out), I carefully hand-checked my actual profit, and came up with a figure of M$206. This market resolves YES if a mistake is found in my tabulation that makes me believe the M$212 figure. Not a mistake that makes me believe a different profit value.
My calculation:
M$1761 in payout
- M$2171 in buys minus sells [5+10+20+10+10+10+10+50-45+50+5-253+20-20+2+5+5+1000+500+589-995+100+5-4+20+20+20+10+20+75+50+10-16-8+15+50+50+50+100+30+10+10+500+66]
+ M$616 in yes-no share cancellation [45+236+113+73+122+27]
= M$206 profit.
[Edit: If fees are counted, since I made 44 transactions, that would subtract M$4.4, for an estimate of M$201.6 profit.]
Hopefully I made a mistake! M$6 really feels like such a small discrepancy.
General policy for my markets: In the rare event of a conflict between my resolution criteria and the agreed-upon common-sense spirit of the market, I may resolve it according to the market's spirit or N/A, probably after discussion.
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# | Name | Total profit |
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1 | Ṁ38 | |
2 | Ṁ29 | |
3 | Ṁ10 | |
4 | Ṁ3 | |
5 | Ṁ1 |
SirSalty said in the Discord that betting M$10 is paying M$10.1, and fees are probably not included in the profit calculations. This suggests that my real profit was M$201.4, and that’s the value that I believe most right now. It has not escaped notice that adding the fees to M$206 instead of subtracting them would get quite close to M$212, but I just think that’s a sign error.
@Cadence I’m prepared to accept that if the discrepancy is less than like M$2 (which the fees-are-added explanation gets), but does that explain a M$6 gap?
@Tripping I made 44 trades, so M$4.4. But isn’t the fee negative, decreasing the calculated profit to M$201.6?
@Tripping Oh wait, are you saying they don’t deduct fees from profit but do add them to bet prices?
@Tripping basically you did profit 212 on your investment but you lost 6 on the way from fees which is how you ended up calculating to 206