#1
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ROI Calculation
Okay guys I am trying to figure out how to manually calculate ROI as SNG Tracker does not support Full Tilt Poker.
Anyways what I found in the FAQ was this calculation to use... (Total Prizes Won - Total Buyins Paid) / (Total Buyins) = ROI Percentage So say for example... $2600 (Prizes) - $1100 (buyins) / 100 Buyins = 15% ROI? Correct? If someone could confirm or deny my calculations it would be greatly appreciated. Preferably a long time poster who knows for sure these calculations. SuitedChef |
#2
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Re: ROI Calculation
Net Profit / Total Buy-In $ Amount
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#3
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Re: ROI Calculation
[ QUOTE ]
If someone could confirm or deny my calculations it would be greatly appreciated. Preferably a long time poster who knows for sure these calculations. [/ QUOTE ] Deny. I don't know why you'd need a long-time poster to help you, this is (remedial) high school math. |
#4
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Re: ROI Calculation
[ QUOTE ]
Net Profit / Total Buy-In $ Amount [/ QUOTE ] So say you have this: $2600 (net profit) / $1100 (total buyin) = 2% ROI? |
#5
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Re: ROI Calculation
No. Your net profit is $2600 over 100 $11 SnG's? Really? This seems a "bit" high.. are you sure it's not that you won $2600 minus the $1100 buyins, as you said in your first post?
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#6
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Re: ROI Calculation
[ QUOTE ]
No. Your net profit is $2600 over 100 $11 SnG's? Really? This seems a "bit" high.. are you sure it's not that you won $2600 minus the $1100 buyins, as you said in your first post? [/ QUOTE ] No, lol. Dont mind the numbers. The numbers are purely made up. I am just using them as a tool/example to try and figure out how to calculate ROI manually. I just need the equation. |
#7
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Re: ROI Calculation
ROI stands for, itself, Return Over Investment.
So, your return i.e. profit, divided by your investment, then * 100 to get the %. In your first example, if we assume the profit is $1500 and not $2600, then $1500 / $1100 = 1.36 * 100 = 136%. |
#8
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Re: ROI Calculation
[ QUOTE ]
ROI stands for, itself, Return Over Investment. So, your return i.e. profit, divided by your investment, then * 100 to get the %. In your first example, if we assume the profit is $1500 and not $2600, then $1500 / $1100 = 1.36 * 100 = 136%. [/ QUOTE ] YOWSERS! 136% ROI! LOL! I can see why when you thought my numbers were real, you were quite skeptical... [img]/images/graemlins/smile.gif[/img] So basically say that I start with $1100 bankroll. I play some SNGs and I have $2600 - $1100 bankroll is $1500 return. So you divide the 1500/1100 (bankroll) and then times it by 100 for the ROI percentage, correct? |
#9
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Re: ROI Calculation
Yeah - let's say you win 30 of them ( = $1.5k), come 2nd in 20 ( = $600) and 3rd in 25 ( = $500) then your 'winnings' are $2.6k minus the buyins of $1.1k to give final profit of $1.5k. Then divide by the buyins of $1.1k again and *100.. that's the ROI.
Pretty unlikely you'd be ITM 75% of the time, mind.. [img]/images/graemlins/grin.gif[/img] Oh and finally your initial bankroll hasn't got anything to do with it, the $1.1k is how much you have spent in buy-in + vig in the 100, which is $11 * 100, naturally. |
#10
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Re: ROI Calculation
[ QUOTE ]
Yeah - let's say you win 30 of them ( = $1.5k), come 2nd in 20 ( = $600) and 3rd in 25 ( = $500) then your 'winnings' are $2.6k minus the buyins of $1.1k to give final profit of $1.5k. Then divide by the buyins of $1.1k again and *100.. that's the ROI. Pretty unlikely you'd be ITM 75% of the time, mind.. [img]/images/graemlins/grin.gif[/img] Oh and finally your initial bankroll hasn't got anything to do with it, the $1.1k is how much you have spent in buy-in + vig in the 100, which is $11 * 100, naturally. [/ QUOTE ] Awesome. I finally get it. LOL! Thanks man! |
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