EthBet Profit Calculator or you can say EthBet ROI Calculator is a simple tool to calculate how much profit you would have made if you had invested in EthBet (EBET) in past. This helps you measure the return on investment (ROI) of EthBet (EBET) .
If you are looking for mining calc check it here: EthBet Mining Calculator
This EthBet Profit Calculator uses a simple mathematical principal to calculate the ROI of EthBet. It fetches the historical EthBet price from the database and compares with current EthBet Price and calculate the profit or loss made on it.
It does this simple calculation get the amount EthBet you would have got by investing x$'s on that day ($x/price of EthBet). Now it calculates the current price of that amount in USD (current EthBet price * amount of EthBet purchased in past). Now the return on investment (ROI) is calculated by dividing amount in USD today by amount invested and multiplying it by 100.
Mathmetical logic behind the same:
$invested_USD = USD invested in past date;
$historical_EBET_price = Price of EBET in past date;
$quantity_EBET = Quantity of EBET in past = $amount invested / $price_on_that_day;
$price_EBET = Current price of EBET;
$USD_today = ($price_EBET * $quantity_EBET) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of EthBet you can check it here: EthBet Price Prediction. This predictions are based on various algorithms applied on the historical price of the EthBet.
If you have any query regarding the above calculator you can comment it in comment box below.
