Calculating ROR and ROI - help would be really appreciated

[davekngs]

Hi, before anyone jumps down my throat I have made a genuwine effort to find this myself using the search function, surprisingly with no luck and i would really appreciate someone to help me even though they have probably replied to this a hundred times.

for now I want to calculate these myself without purchasing poker tracker as I want to play around 100 before I decide whether to continue with it and I think buying PT would be a waist of money if I dont.

So in the MOST SIMPLIFIED way (Im no mathmatician) how do I work the ROR and the ROI out from my results i have recorded?

Also unlike most people I have begun playing at William Hill untill I start multitabling as I find the games very soft there. Does PT support William hill and will i be able to import the SNG'd Ive already played.

Thanks for any help you can give me!

[runner4life7]

Im retarded and dont know what ROR is but to find ROI you just figure out your total profit/ total invested. So for example you play 100 $11 tourneys and make $200. Your ROI will be 200/1100 which is 18.18%

[Big Limpin']

It sounds like you are manually recording your results, currently. Not sure if you are doing that in a spreadsheet, but theres a very nice one developed FUBU, do a search for AleoMagus posts, you will find much statistical discussion in those. And i bet you the search for +"Aleo" +"spreadsheet" will get u something.

THe actual calculations... ROI= ($out-$in)/$in so if you played 50 $10+1s and collected $650 in prizes....ROI=(650-550)/550 = 18.2%

The ROR i dont know offhand. It involves Standard Deviation and such. And it's only as good as the data you feed it, and with you having <100 games, the ROR results will be meaningless. Could be almost nil, or could be 100% ruin.

Hope that helps! [img]/images/graemlins/laugh.gif[/img]

[Big Limpin']

you want the 2.4meg file, the one at very bottom

[davekngs]

ok, im proper retarded!

at 5.50GBP SNG's my results are:
2,3,6,7,3,10,2,5,2,1
1,6,10,2,7,2,1,3,1,2

thats:
20 played
110 invested
and 220 in prizes

I am not getting anything that resembles a resembles a %. could you show me the calculation specifically so i can understand it.

sorry for bein such a moron

[durron597]

Search the archives for posts by AleoMagus and you'll find it.

[runner4life7]

That appears to be 100% ROI at first glance. Because if I am looking at it right it is a profit of 110 so you ROI would be 110/110 = 1 = 100%. Obviously you've been running hot [img]/images/graemlins/smile.gif[/img]

[bluefeet]

[ QUOTE ]
ok, im proper retarded!

at 5.50GBP SNG's my results are:
2,3,6,7,3,10,2,5,2,1
1,6,10,2,7,2,1,3,1,2

thats:
20 played
110 invested
and 220 in prizes

I am not getting anything that resembles a resembles a %. could you show me the calculation specifically so i can understand it.

sorry for bein such a moron

[/ QUOTE ]

stick this in a spreadsheet for a whole number represenation: =SUM(total earned/total invested)*100-100

you: 100.0 = (220/110)*100-100

yes, your ROI is 100"%" (very nice little heater sir)

finishing ITM 13 of 20 times...with only 3 firsts will do that [img]/images/graemlins/wink.gif[/img]

Ps. this is where the smart people tell my my forumula is retarded - cuz if you haven't heard, i REALLY suck at math! but yeah, it does work.

[tigerite]

Well, it's just (220 - 110) / 110 and then multiply by 100 to get the %..