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Old 07-19-2005, 05:54 PM
OatmealJoe OatmealJoe is offline
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Join Date: Nov 2004
Posts: 33
Default Re: ROI calculation and %ITM

If you are assuming an equal distribution of finishes, then a 33% ITM corresponds roughly to break even (0% ROI). Each extra 3.3% ITM would be roughly an extra 10% ROI.

So to get 15% ROI, you'd need about 38% ITM. Of course, it depends a lot on your distribution of finishes. If you always finish 3rd, you could have a 50% ITM without even breaking even.
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