Running Total Based On Content From Column For Over 1700 Rows?

Mar 26, 2014

Currently have a sheet with column A/B. Column A has any of the following letters to represent Wins, Losses, Ties, Overtime Loss, Shootout Loss - W, L, T, OTL, SOL. Column B has team point totals after each result. So after the win in row one, the team has 2 points. After the losses in rows 2 and 3, the team still has 2 points. After win in row 4 the team has 4 points. After win in row 5 the team has 6 points. After tie in row 6 team has 7 points.

W
2

L
2

L
2

W
4

W
6

T
7

What is the best formula or is there a formula to easily calculate running total based on content from column A this for over 1700 rows?

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Have a sample file attached : sample2.xls

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Have a sample file attached, and what I want to do is as follows-

Column H shows my current position, and column L shows the p&l.

I would like excel to calculate the p&l for each position, and put the results in column M.

For example,

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