Re: Confusion on ROI???
It doesn't matter whether you calculate profit per tournament or overall money returned less costs, the number will work out the same (your numbers are correct again).
Just to demonstrate what I was saying, suppose 5 more of your 3rd places had actually been firsts. You'd then have won money as follows:
1st 28*$25=$700
2nd 19*$15=$285
3rd 19*$10=$190
Total won would now be £1075, giving you an ROI of 34.36%. In other words this relatively small change would increase your existing figure by over 8.5%!
Getting a higher proportion of 1st place finishes is the key to improving your ROI. Your % in the money figure looks OK but, as my earlier example showed, it is possible to have a better figure than this and be a losing player. ROI is the key figure to work on, and converting a few more 3rds and 2nds into 1sts is the main way in which you'll achieve this.
Sheriff
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