Thread: Seeking Advice
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Old 03-02-2005, 10:43 AM
Hood Hood is offline
Junior Member
 
Join Date: Apr 2004
Posts: 2
Default Re: Seeking Advice

To gauge how successfully you are doing, ITM isn't particularly useful. You want to look at ROI:

ROI = profit / wagered
= (17 * 50) + (23 * 30) + (18 * 20) - (153 * 11) / (153 * 11)
= 217 / 1683
= 12.9% ROI

This is a very solid ROI, although sustainable ROI in the 10+1s can be around the 40% mark, so there's a long way to go. Also, your sample size is too small to really understand if you are a profitable player, and if so, by how much.
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