Two Plus Two Older Archives ROI calculation and %ITM
 FAQ Members List Calendar Search Today's Posts Mark Forums Read

#1
07-19-2005, 04:53 PM
 ebaudry Member Join Date: Mar 2005 Posts: 60
ROI calculation and %ITM

Do I understand correctly that a 15% ROI on a STT would be for example \$55 * 0.15 = \$8.25 profit per table?

Further then: 2 tabling \$50 STT should yield \$16.50/2 tournaments, which seem to take 40-45 minutes thus would yield roughly 35% more than \$16.50/hour? (Roughly \$23/hr?)

Finally, is there a way to roughly estimate what a 35% ITM player would be looking at in terms of ROI? What ITM% would roughly be equivalent to 15% ROI?

Thanks a lot,
Eric

Thanks.
#2
07-19-2005, 05:12 PM
 citanul Member Join Date: Jul 2003 Posts: 64
Re: ROI calculation and %ITM

[ QUOTE ]
Do I understand correctly that a 15% ROI on a STT would be for example \$55 * 0.15 = \$8.25 profit per table?

Further then: 2 tabling \$50 STT should yield \$16.50/2 tournaments, which seem to take 40-45 minutes thus would yield roughly 35% more than \$16.50/hour? (Roughly \$23/hr?)

[/ QUOTE ]

yes

[ QUOTE ]
Finally, is there a way to roughly estimate what a 35% ITM player would be looking at in terms of ROI? What ITM% would roughly be equivalent to 15% ROI?

Thanks a lot,
Eric

[/ QUOTE ]

no

citanul

ps, while making a post with only yes and no is cute, i thought i'd explain the no. people get different "shapes" of itm finishes. there's lots of ways to get in the money 35 out of 100 games, and some of them make money while others lose money. so without making assumptions about this shape, you can't make an estimate.
#3
07-19-2005, 05:24 PM
 lacky Junior Member Join Date: Apr 2004 Posts: 13
Re: ROI calculation and %ITM

[ QUOTE ]
Finally, is there a way to roughly estimate what a 35% ITM player would be looking at in terms of ROI? What ITM% would roughly be equivalent to 15% ROI?

[/ QUOTE ]

see the other post for the 1st part, but this part is very dependent on how often you get 1st, 2nd, and 3rd. That is very dependent on style of play.

Steve
#4
07-19-2005, 05:54 PM
 OatmealJoe Member Join Date: Nov 2004 Posts: 33
Re: ROI calculation and %ITM

If you are assuming an equal distribution of finishes, then a 33% ITM corresponds roughly to break even (0% ROI). Each extra 3.3% ITM would be roughly an extra 10% ROI.

So to get 15% ROI, you'd need about 38% ITM. Of course, it depends a lot on your distribution of finishes. If you always finish 3rd, you could have a 50% ITM without even breaking even.

 Thread Tools Display Modes Linear Mode

 Posting Rules You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Forum Rules
 Forum Jump User Control Panel Private Messages Subscriptions Who's Online Search Forums Forums Home Two Plus Two     Two Plus Two Internet Magazine     About the Forums     MOD DISCUSSION     ISOP General Poker Discussion     Texas Hold'em     Beginners Questions     Books and Publications     Televised Poker     News, Views, and Gossip     Brick and Mortar     Home Poker     Poker Beats, Brags, and Variance     Poker Theory Limit Texas Hold'em     Mid- and High-Stakes Hold'em     Medium Stakes Hold'em     Small Stakes Hold'em     Micro-Limits     Mid-High Stakes Shorthanded     Small Stakes Shorthanded PL/NL Texas Hold'em     Mid-, High-Stakes Pot- and No-Limit Hold'em     Medium-Stakes Pot-, No-Limit Hold'em     Small Stakes Pot-, No-Limit Hold'em Tournament Poker     Multi-table Tournaments     One-table Tournaments Other Poker     Omaha/8     Omaha High     Stud     Other Poker Games General Gambling     Probability     Psychology     Sports Betting     Other Gambling Games     Rake Back     Computer Technical Help Internet Gambling     Internet Gambling     Internet Bonuses     Software 2+2 Communities     Other Other Topics Other Topics     Sporting Events     Politics     Science, Math, and Philosophy     The Stock Market

All times are GMT -4. The time now is 09:50 PM.