what is ROI? and how do you calculate it? sorry, dumb question.

[Paul Thomson]

could you please include an exmaple problem... and maybe tell me why it's important. thanks. sorry for the beginner question.

[ChoicestHops]

SnG FAQ (http://forumserver.twoplustwo.com/showflat.php?Cat=&Number=2821605&page=0&view=colla psed&sb=5&o=14&fpart=1)

[mlagoo]

its like we dont even have the faq stickied on the top of the page

[Maulik]

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its like we dont even have the faq stickied on the top of the page

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[Nicholasp27]

roi=return on investment
it's not a poker term...it's an investment term in general...if u are analyzing your portfolio or starting a business, u care about roi

for sngs, u just do amount won divided by amount paid to buy in (ie 10 10/1 sngs would be 110)

so if u play 10 10/1 sngs and get 2 firsts, 1 2nd, 1 3rd, then u won 150...150/110=1.3636 so your roi=36.36%

it's important cause that's how you know if u won money or not...if it's negative then fix your leaks or learn a new game...if it's 30% or so over a large sample size and u have the bankroll, move up

[mlagoo]

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its like we dont even have the faq stickied on the top of the page

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[BettyBoopAA]

The answer is the same, but ROI is usually shown as profit/investment,
you made $40 profit on an investment of $110 (40/110=.3636 or 36.36% ROI)