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All betting terms

Betting Glossary

P&L (profit and loss)

Definition

The net money made or lost: what positions paid out minus what they cost, after fees. Realised P&L counts only positions that have closed; an open position has no P&L until it settles or is sold.

Related terms

  • Return on Investment (ROI) — Net profit in units divided by total units staked, as a percentage. A 5% ROI means 5 units returned for every 100 staked.
  • Unit — A standardized stake (typically 1–2% of bankroll) used to track results independent of dollar amounts, e.g. +12.5u.

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