What is ROI and FE???

PokerProdigy · #1 06-09-2005, 04:07 PM

What does ROI stand for and what does it mean?

I know that FE stands for fold equity but what exactly does it mean?

P.S. Feel free to offer defintions of other useful terms that I did not ask about. Also I am fairly new to single table tourney's but have had some success at the $20/2 so far.

TheNoodleMan · #2 06-09-2005, 04:11 PM

ROI: return on investment.

PokerProdigy · #3 06-09-2005, 04:17 PM

[ QUOTE ]
ROI: return on investment.

[/ QUOTE ]

In other words, it's your $EV per tourney???

Degen · #4 06-09-2005, 04:20 PM

You are the button 4 handed with 72o. You have t1200 and the blinds are 150-300. The blinds both have ~t2000. You assume that if you push the blinds they will fold to your push 65% of the time (i pulled 65% out of my coolo). 65% of the time you will win t450. 35% of the time you will be called. You have t450*.65=t292.50 FE

As an aside, you also have some Caught Equity. This is a measure of how much you'll win when you are called (most likely by a better hand) and you suckout. So say you'll lose t1200 60% of the 35% you are called and you'll win t1500 or t1350 (depending upon which blind calls you) 40% of the 35% of the time you are called. You then have some Caught Equity. I don't really care to compute it as this is the edge of my mathematical skill and the numbers came out of my arse anyhoo. But you get the point.

Andre

burningyen · #5 06-09-2005, 04:50 PM

[ QUOTE ]
In other words, it's your $EV per tourney???

[/ QUOTE ]

Not quite, it's usually expressed in % terms, not $ terms:

(money won - buy-in)/buy-in.

PokerProdigy · #6 06-09-2005, 08:28 PM

[ QUOTE ]
[ QUOTE ]
In other words, it's your $EV per tourney???

[/ QUOTE ]

Not quite, it's usually expressed in % terms, not $ terms:

(money won - buy-in)/buy-in.

[/ QUOTE ]

Would someone please explain a little more about ROI???

Freudian · #7 06-09-2005, 08:38 PM

[ QUOTE ]

Would someone please explain a little more about ROI???

[/ QUOTE ]

Profit/Buyin

So if you have paid 100 to play five $20 tourneys and you won $140 in those five tournaments, you ROI is 40/100=40%

Phill S · #8 06-09-2005, 08:39 PM

1 minute search on google 'return on investment poker'

I found this:

Profit/Investment

For example, if you play 5 $11 tournaments and finish 1st in one, 2nd in one and 3rd in one and OTM in the other two...

Profit is $45 = ($50-$11)+($30-$11)+($20-$11) - $11 - $11
Investment is $55 = $11 * 5

ROI is 82% = $45/$55

Think about the formula in terms of...your return (profit) as a ratio of your total investment in those tournaments.

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Im a thief and i know it - 1 min on google is all it took though, and im sure there is something easily as good if not better found on this forum, i just prefer google for fast searching.

For more info, that search threw up a few business links, the theory is essentially the same.

Phill