SNG question...please don't be too harsh...

7duceoff · #1 07-07-2005, 10:47 AM

again this is a "newbie" type question, but ROI, could you please explain?

As far as ring games, I happened to do fairly well, as I was propping along with regular ring game play, however it became so much of a grind that I could no longer sustain my focus.

wulfheir · #2 07-07-2005, 10:58 AM

ROI = Return On Investment

Profit / Total Entry Costs

ie. You play a 10+1 tournament and place 3rd. Your profit is $9 (20 - 11). Your ROI is 9 / 11 ~= 82%.

Ixnert · #3 07-07-2005, 11:02 AM

ROI = Return on Investment. Add up all prizes won, divide by all entry fees paid (including the casino's vig). Subtract 1 and multiply by 100 to get a percentage.