View Full Version : What is ROI and ITM?
skierdude1000
06-29-2004, 11:46 AM
Keep seeing it in all threads, but no clue what it stands for
Thanks
ctv1116
06-29-2004, 11:51 AM
ROI = Return on Investment. This is usually calculated as (profits after buyins and entry fees)/(total cost of buyins and entry fees)
ITM = In The Money. This is the % of times you make the money (ie make top 3 in a 1 table SnG)
BradleyT
06-29-2004, 11:58 AM
Now that you know what they mean, I want you to apply them.
A person played twelve $10+1 Sit and Go's on Party and here are their results:
1st - 4
2nd - 1
3rd - 1
4th - 3
5th - 1
6th - 0
7th - 1
8th - 0
9th - 0
10th - 1
What is their ROI?
What is their ITM %?
If you don't know - 1st = $50, 2nd = $30, 3rd = $20
Jason Strasser
06-29-2004, 12:03 PM
ROFL
I love it.
Is this exercise mandatory to avoid detention, teacher?
BradleyT
06-29-2004, 12:05 PM
Yes and it's due by noon PST.
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