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Old 04-08-2004, 04:29 PM
Prickly Pete Prickly Pete is offline
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Join Date: May 2003
Location: VA
Posts: 670
Default Re: stupid question... how do you calculate ROI??

Total winnings divided by total cost.

For example, suppose you played 6 10+1 SNGs and got 1 1st and 1 2nd (assuming 50/30/20 payout structure).

Your total winnings equal 80 (50 for the 1st + 30 for the 2nd)

Your total cost is 66 (6 * 11)

80/66 = 1.21 or a 21% ROI
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