Your Price / Every figure
The ten samples in one place
Every figure on this desk, in one place
A desk that asks a reader to check arithmetic owes the reader every number in one place. Here they are, with the sample each one derives from and the page that develops it.
Desk spec
- samples
- 10
- tallies
- 11
- worked examples
- 6
- pages
- 18
the market priceThe price shown beside a selection before an account is considered. On the samples it is 1.90 on every screen, and it is the price the receipt is measured against.
the quoteThe price your own account is offered. Across 120 accounts on one selection it ran from 1.88 to 2.00, a spread of 6.4%, and 42 of the 120 accounts were offered the market price exactly.
the receiptThe price at the moment you accept governs the bet. Of 100 disputed quotes the receipt price governed 100 and the headline price governed none of them.
Direct answer
Every figure on this desk derives from ten invented samples and nothing else. The central one is a single selection with a market price of 1.90, quoted to 120 accounts in a month across five levels from 1.88 to 2.00 - a spread of 6.4%, which is 3.00 of potential return on a 25.00 stake and 70.50 across the sample month.
The eleven figures
120accounts quoted in one month
1.90the market price on the selection
1.88-2.00the range of the quoted prices
6.4%the spread between the two ends
3.00the return gap on a 25.00 stake
1.24%mean quote against the market price
70.50the spread in money across the month
74.0%attempts placed at the quoted price
4mechanisms that produce a quote
100 of 100disputes the receipt price governed
41 of 100disputes with a price history available
The spread, and what it is worth
samples A and G - the spread in price and in money
market price = 1.90
quoted levels, 120 accounts in 30 days = 1.88 (8) / 1.90 (42) / 1.92 (34) / 1.95 (26) / 2.00 (10)
the spread between the ends = 2.00 / 1.88 = 6.4%
on a 25.00 stake: 47.00 against 50.00 = 3.00
accounts quoted the market price exactly = 42 of 120 = 35.0%
deviations summed = +2.82 of price
mean deviation = 2.82 / 120 = +0.0235
mean quote = 1.9235 against 1.90 = 1.24% better
total staked in the sample month = 120 x 25.00 = 3,000.00
the spread in money = 25.00 x 2.82 = 70.50
which is additional potential return before the outcome, not a gain.
The stake ladder
sample C - five stake bands on one selection
up to 2.00 -> 1.86
2.00 to 10.00 -> 1.89
10.00 to 50.00 -> 1.92
50.00 to 200.00 -> 1.95
above 200.00 -> 1.98
range = 1.98 / 1.86 = 1.0645 -> 6.5%
a 25.00 stake in band 3 returns 25.00 x 1.92 = 48.00
a 250.00 stake in band 5 returns 250.00 x 1.98 = 495.00
and inside one band the price does not move: the rung is a band, not a curve.
The tier ladder
sample D - five account tiers on the same selection
new -> 1.90 casual -> 1.92 regular -> 1.94
valued -> 1.96 hosted -> 1.98
range = 1.98 / 1.90 = 1.0421 -> 4.2%
each rung = 0.02 of price = 1.053% of the market price
return on 25.00 = 47.50 / 48.00 / 48.50 / 49.00 / 49.50
so the tier moves the price between accounts, and the stake band
moves it inside one account; the two ladders differ in size as well as shape.
The capped price
sample E - a headline price with a cap
headline 2.20 against a market price of 1.90 = 2.20 / 1.90 = 15.8%
maximum stake = 10.00
value at the cap = 10.00 x (2.20 - 1.90) = 3.00
at a 25.00 stake: 10.00 x 2.20 + 15.00 x 1.90 = 22.00 + 28.50 = 50.50
against 25.00 x 1.90 = 47.50 -> still 3.00
at a 200.00 stake: 22.00 + 190.00 x 1.90 = 383.00 against 380.00 -> still 3.00
so the promotion is worth 3.00 flat: 15.8% of a 10.00 bet and 0.8% of a 200.00 one.
The record
sample H - which price governs
disputed quotes = 100
the receipt price governed = 100 -> 100.0%
the market price displayed governed = 0 -> 0.0%
the headline price governed = 0 -> 0.0%
a price history was available = 41 -> 41.0%
terms pages naming the record = 12 of 40 = 30.0%
so the record that settles a price is generated by the bet,
and the two prices a reader looks at most settle nothing.
Availability
sample I - two hundred attempts at one bet
placed at the quoted price = 148 -> 148 / 200 = 74.0%
repriced before acceptance = 34 -> 34 / 200 = 17.0%
refused = 18 -> 18 / 200 = 9.0%
refusals in the largest band = 14 -> 14 / 18 = 77.8%
repricings moved an average of 0.06 of price (34 x 0.06 = 2.04 in total)
so 52 of 200 attempts (26.0%) left no record of the price the reader saw.
Every figure above is illustrative and derives from the ten invented samples defined on the overview. No real operator, product, market or account is described by any of it, and the desk gives no selection, no prediction and no advice about any live account.