Figuring out profit for SNGs

[rybones]

[ QUOTE ]
$30 Table: 89 wins / 110 losses / 44.72% wins

[/ QUOTE ]

The problem with this is we don't know what "wins" means? I will assume you mean "in the money" (or ITM) finishes. How many of those were 3rds, 2nds and 1sts? Additionally, was this at a site where tournaments are 9 handed or 10 handed?

now some math with some assumptions, 10 handed and an even distribution of itm finishes

E(for entry fees): 89+110 = 199. 199x33=$5,467

A) 30 firsts = $4,500
B) 30 seconds = $2,700
C) 29 thirds = $1,740

total winnings = A+B+C = W (for winnings) or $8,940
total profit = W - E = P (for profits) or $3,473

I hope this helps and the math is right. It is late and I am drunk.

Ryan

[Bralynn]

Yes, sorry, by 'wins' I mean 'in the money'.