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#1
03-05-2005, 06:35 PM
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%ROI formula?
dumb question, what's the formula to calculate ROI?
Is it ROI = (Total Winnings - Total Buy-Ins)/Total Buy-Ins ? 
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#2
03-05-2005, 06:43 PM
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Re: %ROI formula?
Yes, as long as "buy-in" means the entry fee also, i.e. $10+1, $20+2, etc.
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#3
03-05-2005, 06:46 PM
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Re: %ROI formula?
ok, thanks
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#4
03-05-2005, 07:38 PM
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Re: %ROI formula?
Why worry about the formula; just make up a cool number like the rest of us do [img]/images/graemlins/shocked.gif[/img]
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#5
03-05-2005, 08:14 PM
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Re: %ROI formula?
[ QUOTE ]
Why worry about the formula; just make up a cool number like the rest of us do [img]/images/graemlins/shocked.gif[/img] [/ QUOTE ] That's what he'll do, he's just trying to get an idea of what a believable number is. Speaking of believable, what's your number this week Skipper?
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#6
03-05-2005, 08:18 PM
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Re: %ROI formula?
ITM = .001% ; R.O.I. = (-)437% ; but is just a bad streak [img]/images/graemlins/confused.gif[/img]
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#7
03-06-2005, 10:09 PM
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Re: %ROI formula?
[ QUOTE ]
ITM = .001% ; R.O.I. = (-)437% ; but is just a bad streak [img]/images/graemlins/confused.gif[/img] [/ QUOTE ]
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