BigBluffer
06-14-2005, 04:10 PM
Playing in BoDog $10+1 SNG's where you clear $2 of bonus money for every $1 in entry fees. Suppose I come in 3rd for $20. Which is the better way to calculate my ROI?
1) (20+2)/11 which adds the $2 cleared bonus to the payout, or
2) 20/(11-2) which subtracts the $2 cleared bonus from the tournament's cost
Is it even appropriate to consider the bonus in the calculation of ROI?
1) (20+2)/11 which adds the $2 cleared bonus to the payout, or
2) 20/(11-2) which subtracts the $2 cleared bonus from the tournament's cost
Is it even appropriate to consider the bonus in the calculation of ROI?