diff --git a/common/calculate.ts b/common/calculate.ts
index 4adecb54..d3cc3479 100644
--- a/common/calculate.ts
+++ b/common/calculate.ts
@@ -116,7 +116,6 @@ export function getContractBetMetrics(contract: Contract, yourBets: Bet[]) {
   const { resolution } = contract
 
   let invested = 0
-  let salesInvested = 0
   let payout = 0
   let loan = 0
   let sellProfit = 0
@@ -126,7 +125,7 @@ export function getContractBetMetrics(contract: Contract, yourBets: Bet[]) {
     const { isSold, sale, amount, loanAmount, isRedemption } = bet
     if (isSold) {
       sellProfit -= amount
-      salesInvested += amount
+      invested += amount
     } else if (sale) {
       sellProfit += sale.amount
     } else {
@@ -134,6 +133,8 @@ export function getContractBetMetrics(contract: Contract, yourBets: Bet[]) {
         redeemed += -1 * amount
       } else if (amount > 0) {
         invested += amount
+      } else {
+        sellProfit -= amount
       }
 
       loan += loanAmount ?? 0
@@ -143,17 +144,13 @@ export function getContractBetMetrics(contract: Contract, yourBets: Bet[]) {
     }
   }
 
-  const investedIncludingSales = invested + salesInvested
-
-  const totalValue = payout + sellProfit + redeemed
-  const profit = totalValue - invested
-  const profitPercent = (profit / investedIncludingSales) * 100
+  const profit = payout - invested + sellProfit + redeemed
+  const profitPercent = (profit / invested) * 100
   const netInvestment = payout - loan
 
   return {
     invested,
     payout,
-    totalValue,
     profit,
     profitPercent,
     netInvestment,
@@ -164,7 +161,6 @@ export function getContractBetNullMetrics() {
   return {
     invested: 0,
     payout: 0,
-    totalValue: 0,
     profit: 0,
     profitPercent: 0,
     netInvestment: 0,
diff --git a/web/components/bets-list.tsx b/web/components/bets-list.tsx
index cc7f0a6a..e32fc3f3 100644
--- a/web/components/bets-list.tsx
+++ b/web/components/bets-list.tsx
@@ -94,7 +94,7 @@ export function BetsList(props: { user: User }) {
   }
   const SORTS: Record<BetSort, (c: Contract) => number> = {
     profit: (c) => contractsMetrics[c.id].profit,
-    value: (c) => contractsMetrics[c.id].totalValue,
+    value: (c) => contractsMetrics[c.id].payout,
     newest: (c) =>
       Math.max(...contractBets[c.id].map((bet) => bet.createdTime)),
     resolutionTime: (c) => -(c.resolutionTime ?? c.closeTime ?? Infinity),
@@ -215,7 +215,7 @@ function MyContractBets(props: {
   const isBinary = outcomeType === 'BINARY'
   const probPercent = getBinaryProbPercent(contract)
 
-  const { totalValue, profit, profitPercent } = getContractBetMetrics(
+  const { payout, profit, profitPercent } = getContractBetMetrics(
     contract,
     bets
   )
@@ -271,7 +271,7 @@ function MyContractBets(props: {
         <Row className="mr-5 justify-end sm:mr-8">
           <Col>
             <div className="whitespace-nowrap text-right text-lg">
-              {formatMoney(metric === 'profit' ? profit : totalValue)}
+              {formatMoney(metric === 'profit' ? profit : payout)}
             </div>
             <div className="text-right">
               <ProfitBadge profitPercent={profitPercent} />