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#1
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how do u calculate ROI?
I thought it was total winnings divided by total buyins..
For example i have spent $110 and won $162.. What is my ROI and how do u figure it. Thanks.. |
#2
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Re: how do u calculate ROI?
Do you mean for tourneys or ring games? In your example, take your result (+162) and divide it by your investment (110) =~1.47 and multiply by 100 to get %. So in your example you have an ROI of ~147%. But this only works in a tourney situation. If you're trying to apply this to ring games, I don't think it will work.
Perhaps if you have a $500 bankroll and play $.5/1 for 100k hands (or whatever), make no additional deposits, and earn $2000 you could say you have an ROI of 400%. I'm not sure that this statement would mean anything though. It has meaning for tourneys because there's no useful way to measure bb/100 or some such other number. The only things that matter are buyins and cashouts. |
#3
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Re: how do u calculate ROI?
[ QUOTE ]
i have spent $110 and won $162.. What is my ROI and how do u figure it. [/ QUOTE ] If your net result is $162-$110=$52, your observed ROI is $52/$110 = 0.47 = 47%. |
#4
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Re: how do u calculate ROI?
Net Profit divided by investment
In your case (162-110)/110 or 52/110 or 47.27% |
#5
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Re: how do u calculate ROI?
to clarify,
you "won" $162 therefore my calculation is correct. If you "cashed" $162 (including your 110 initial stake) then pz and Kurn are right. |
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