Re: Confusion on ROI???
[ QUOTE ]
I am confused on how to figure out ROI. I thought it was the amount won divided by the amount invested. Is this incorrect. For example right now i have placed in ~41.5% of SNG's out of 159 tourns. I have invested 874.5 and profited 225.5. So would my ROI be:
225.5/874.5=25.78%
That seems low for the amount I am placing and compared to other's ROI.
Thanks for the help,
Craig R.
p.s. these are $5 sng's
[/ QUOTE ]
Something to keep in mind. The vast majority of people are playing with -ROI. So being +ROI is an accomplishment itself.
Second, $5 SnGs is going to be very tough to beat due to the 20% juice. I think you're doing great, and should move to the $10 level immediately, where the juice is "only" 10%.
eastbay
|