ExSpadeTurnover
Meaning
The sum wagered across repeated bets, rather than a starting balance.
Worked Example
One hundred bets of $10 represent $1,000 wagered, even if the same returned money is repeatedly used.
Common Mix-Up
An initial deposit, a cash-out and total wagers measure different things.
Put the Term to Work.
Follow a concrete example, then change the inputs.
Try the Related Calculation ↗