How do you calculate ROI?

CaptSensible · #1 08-15-2005, 06:15 AM

what calculations go into ROI? I started with a bankroll of 500 at the 11s and a few 20s. I'm up to 1000. I'm going to assume that my roi isnt 100%.

thanks.

SammyKid11 · #2 08-15-2005, 06:19 AM

net winnings/(buy-in+entry fee)

For example -- play ten 11's...say you get three firsts and nothing else.

150 (gross winnings) - 110 (buy-in+entry fee) = 40 (net winnings)

40 (net winnings)/110 (buy-in+entry fee) = ROI of 36.36%

stupidsucker · #3 08-15-2005, 11:12 AM

The FAQ stickied at the top of the forum will answer this and many more questions you have.

USCSigma1097 · #4 08-15-2005, 11:14 AM

CHANGE YOUR NAME TO CAPTIWILLREADTHEF'INGFAQFROMNOWON.

PLEASE.

Sigma

Slim Pickens · #5 08-15-2005, 12:04 PM

I have no idea why you're asking this, so here's a picture of a rabbit under my table. He'd have a pancake on his head, but the little bugger really hates that.

eastbay · #6 08-15-2005, 12:06 PM

You're very creative, though.

eastbay