What is considered a good ROI? What is an average ROI?

[CaptSensible]

First off thanks to those who explained to me how to calculate ROI. I apologize for not looking at the FAQ first.
Also thanks to SlimPickens for the picture of his Rabbit!

Anyhow, My ROI is about 12.5%. I'd love to get an idea of what a great ROI is and what an average ROI is.

Thanks in advance.

[SammyKid11]

[ QUOTE ]
First off thanks to those who explained to me how to calculate ROI. I apologize for not looking at the FAQ first.

Also thanks to SlimPickens for the picture of his Rabbit!

Anyhow, My ROI is about 12.5%. I'd love to get an idea of what a great ROI is and what an average ROI is.

Thanks in advance.

[/ QUOTE ]

Looks like you owe another apology, my man. This subject is also covered in FAQ -- comeon.

[Myst]

Over how many Sngs? Thats the real question. Even if youve played 2,000 Sngs, your true ROI is only +- 8 percentage points from 12.5%.

[Nicholasp27]

the wiki at poker.wikicities.com (scroll to bottom and click on the sngs link) answers this and many other questions

there are a few answers

a) anything >0 is good, -10% (if rake is 10% of buyin) is average

b) 20-30+% for 10/1 is good, 15+% is great for 50s, anything 5+% for 200s is good, especially with about $4/tourney in rakeback



as for ur 12.5%, unless it's over 1000+ sngs, it could vary a lot from your true roi, so take it with a shaker of salt

[CaptSensible]

[ QUOTE ]
[ QUOTE ]
First off thanks to those who explained to me how to calculate ROI. I apologize for not looking at the FAQ first.

Also thanks to SlimPickens for the picture of his Rabbit!

Anyhow, My ROI is about 12.5%. I'd love to get an idea of what a great ROI is and what an average ROI is.

Thanks in advance.

[/ QUOTE ]

Looks like you owe another apology, my man. This subject is also covered in FAQ -- comeon.

[/ QUOTE ]

I LOOKED! I couldn't find it! I'll look again [img]/images/graemlins/confused.gif[/img]

[CaptSensible]

[ QUOTE ]
the wiki at poker.wikicities.com (scroll to bottom and click on the sngs link) answers this and many other questions

there are a few answers

a) anything >0 is good, -10% (if rake is 10% of buyin) is average

b) 20-30+% for 10/1 is good, 15+% is great for 50s, anything 5+% for 200s is good, especially with about $4/tourney in rakeback



as for ur 12.5%, unless it's over 1000+ sngs, it could vary a lot from your true roi, so take it with a shaker of salt

[/ QUOTE ]

Thanks. I appreciate it [img]/images/graemlins/smile.gif[/img]

And I apologize again for not finding it in the FAQ first [img]/images/graemlins/blush.gif[/img] This gives me a better idea though [img]/images/graemlins/grin.gif[/img]

[Slim Pickens]

Bongo is a thrifty rabbit. He clips coupons. I post a picture of him when I feel a thread is depressingly pointless.

[unit63]

[ QUOTE ]
Bongo is a thrifty rabbit. He clips coupons. I post a picture of him when I feel a thread is depressingly pointless.

[/ QUOTE ]

Note that he is very good at sniffing out good deals on beer. +EV!!!

[maddog2030]

[ QUOTE ]
a) anything >0 is good, -10% (if rake is 10% of buyin) is average

[/ QUOTE ]

Almost. Its -9.09%.

-rake / (buyin + rake)

Like they said, it really depends on the buyin. I would say at lower levels 20% should be a very lofty yet not at all unreasonable goal.