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Old 05-02-2004, 09:16 PM
eastbay eastbay is offline
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Join Date: Nov 2003
Posts: 647
Default Re: SnG FAQ - First draft (long - but not long enough! )

[ QUOTE ]
I think you should add stuff like what ROI is and how to caluclate it.

[/ QUOTE ]

Good point. Here's my contribution.

What is ROI and how do I calculate it?

ROI is an acronym for "return on investment" and it is a measure of how many dollars you are earning for each dollar you "invest" in a poker game.

There's two equivalent ways to calculate it:

ROI = (total prize money won)/(total buy-ins + fees) - 1

or

ROI = (net profit or loss)/(total buy-ins + fees)

For example, if I've played 10 50+5 SnGs, and I've won $650 in prize money, my ROI is 650/550-1 or about 18%.

eastbay
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