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#1
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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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Net Profit / Total Buy-In $ Amount
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#3
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[ QUOTE ]
Net Profit / Total Buy-In $ Amount [/ QUOTE ] So say you have this: $2600 (net profit) / $1100 (total buyin) = 2% ROI? |
#4
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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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#5
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[ 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. |
#6
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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%. |
#7
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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. |
#8
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(Total Winnings)/(Total Spent) - 1
Or (Total Winnings - Total Spent)/(Total Spent) aka Profit/Spent -- |
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