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Old 03-09-2004, 01:20 PM
BradleyT BradleyT is offline
Senior Member
 
Join Date: Dec 2003
Location: Milwaukee
Posts: 512
Default Re: Confusion on ROI???

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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

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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


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If he's invested $874.50 then obviously he isn't paying $1 entry fee for the SnGs....
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