Yesterday morning I came across an Ainsworth 5K must hit at $4875. The Ainworths are random so it's a different scenario. From that entry point the average hit would be 4937.50 + 62.50 = 4937.50. Then I clocked the meter. I always confirm meter speed. It ran at only 0.18%. That was bad news.
1/.0018 = 555.56
555.56 X 62.5 = 34,722
I always figure the drop at 20%. So 20% of 34,722 is $6944. So it was a no go. I'll be back over today to see where the meter is at or if someone has it locked up. With the slow meter speed I need a number no lower than 4926. The average hit would be halfway to 5K or 4963. That would be a $37 meter increase. Thats about a 20K wager so a cost of 4K.
Another thing to use the meter movement for is insuring you have enough money on you to spin it off even if it runs all the way to the top. It's pretty easy. In this case:
555.56 X 74 = 41,111
41,111 X 20% = $8,222