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Net P&L is the total points won or lost from a 1pt level stake on every pick; ROI is that as a percentage of what was staked. A/E (actual over expected) above 1.00 means our picks won more often than their Starting Price implied; below 1.00 means less. We show the return at SP and at Betfair SP (BSP), because BSP is closer to what you could actually have got on an exchange. The sample is still small: at this many picks the P&L can swing by tens of points on variance alone, so treat it as indicative, not proof. We track it in the open precisely because the market is hard to beat and we will not pretend otherwise.
