#1
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what is ROI? and how do you calculate it? sorry, dumb question.
could you please include an exmaple problem... and maybe tell me why it's important. thanks. sorry for the beginner question.
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#3
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Re: what is ROI? and how do you calculate it? sorry, dumb question.
its like we dont even have the faq stickied on the top of the page
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#4
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Re: what is ROI? and how do you calculate it? sorry, dumb question.
[ QUOTE ]
its like we dont even have the faq stickied on the top of the page [/ QUOTE ] Moderator(s) notified In a moment you will be automatically returned to the forum. |
#5
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Re: what is ROI? and how do you calculate it? sorry, dumb question.
roi=return on investment
it's not a poker term...it's an investment term in general...if u are analyzing your portfolio or starting a business, u care about roi for sngs, u just do amount won divided by amount paid to buy in (ie 10 10/1 sngs would be 110) so if u play 10 10/1 sngs and get 2 firsts, 1 2nd, 1 3rd, then u won 150...150/110=1.3636 so your roi=36.36% it's important cause that's how you know if u won money or not...if it's negative then fix your leaks or learn a new game...if it's 30% or so over a large sample size and u have the bankroll, move up |
#6
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Re: what is ROI? and how do you calculate it? sorry, dumb question.
[ QUOTE ]
[ QUOTE ] its like we dont even have the faq stickied on the top of the page [/ QUOTE ] Moderator(s) notified In a moment you will be automatically returned to the forum. [/ QUOTE ] [img]/images/graemlins/grin.gif[/img] |
#7
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Re: what is ROI? and how do you calculate it? sorry, dumb question.
The answer is the same, but ROI is usually shown as profit/investment,
you made $40 profit on an investment of $110 (40/110=.3636 or 36.36% ROI) |
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