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PokerProdigy
06-09-2005, 04:07 PM
What does ROI stand for and what does it mean?

I know that FE stands for fold equity but what exactly does it mean?

P.S. Feel free to offer defintions of other useful terms that I did not ask about. Also I am fairly new to single table tourney's but have had some success at the $20/2 so far.

TheNoodleMan
06-09-2005, 04:11 PM
ROI: return on investment.

PokerProdigy
06-09-2005, 04:17 PM
[ QUOTE ]
ROI: return on investment.

[/ QUOTE ]

In other words, it's your $EV per tourney???

Degen
06-09-2005, 04:20 PM
You are the button 4 handed with 72o. You have t1200 and the blinds are 150-300. The blinds both have ~t2000. You assume that if you push the blinds they will fold to your push 65% of the time (i pulled 65% out of my coolo). 65% of the time you will win t450. 35% of the time you will be called. You have t450*.65=t292.50 FE

As an aside, you also have some Caught Equity. This is a measure of how much you'll win when you are called (most likely by a better hand) and you suckout. So say you'll lose t1200 60% of the 35% you are called and you'll win t1500 or t1350 (depending upon which blind calls you) 40% of the 35% of the time you are called. You then have some Caught Equity. I don't really care to compute it as this is the edge of my mathematical skill and the numbers came out of my arse anyhoo. But you get the point.


Andre

burningyen
06-09-2005, 04:50 PM
[ QUOTE ]
In other words, it's your $EV per tourney???

[/ QUOTE ]

Not quite, it's usually expressed in % terms, not $ terms:

(money won - buy-in)/buy-in.

PokerProdigy
06-09-2005, 08:28 PM
[ QUOTE ]
[ QUOTE ]
In other words, it's your $EV per tourney???

[/ QUOTE ]

Not quite, it's usually expressed in % terms, not $ terms:

(money won - buy-in)/buy-in.

[/ QUOTE ]

Would someone please explain a little more about ROI???

Freudian
06-09-2005, 08:38 PM
[ QUOTE ]

Would someone please explain a little more about ROI???

[/ QUOTE ]

Profit/Buyin

So if you have paid 100 to play five $20 tourneys and you won $140 in those five tournaments, you ROI is 40/100=40%

Phill S
06-09-2005, 08:39 PM
1 minute search on google 'return on investment poker'

I found this: (http://www.unitedpokerforum.com/forum/index.php?showtopic=25477)

Profit/Investment

For example, if you play 5 $11 tournaments and finish 1st in one, 2nd in one and 3rd in one and OTM in the other two...

Profit is $45 = ($50-$11)+($30-$11)+($20-$11) - $11 - $11
Investment is $55 = $11 * 5

ROI is 82% = $45/$55

Think about the formula in terms of...your return (profit) as a ratio of your total investment in those tournaments.

-----

Im a thief and i know it - 1 min on google is all it took though, and im sure there is something easily as good if not better found on this forum, i just prefer google for fast searching.

For more info, that search threw up a few business links, the theory is essentially the same.

Phill