#11
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Re: ROI Calculation
[ QUOTE ]
[ 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? [/ QUOTE ] man, i think youre stil confused. from the FAQ: ROI: Return on Investment – the average return a player earns on an investment of $1. (Total Prizes Won-Total Buyins paid)/(Total Buyins paid) Note: Total buyins includes the rake paid to the card room. notice how this has nothing to do with your bankroll; it only includes total amount youve invested in sngs... edit: didnt read tiger's post. guess he had me covered. |
#12
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Re: ROI Calculation
(Total Winnings)/(Total Spent) - 1
Or (Total Winnings - Total Spent)/(Total Spent) aka Profit/Spent -- |
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