ROI
 

i have a slow mind lol, lets say i win a 1.20 9 man sng, 4.50
can u put those #s in a forumals for me.

Re: ROI
 

[ QUOTE ]
lets say i win a 1.20 9 man sng, 4.50
can u put those #s in a forumals for me.

[/ QUOTE ]
Your ROI for that tournament would be your profit divided by the buy-in, ($4.50-$1.20)/($1.20) = 370/120 = 3.08 = 308%.

If you had placed 3rd, with a prize of $1.80, then your ROI for that tournament would be ($1.80-$1.20)/$1.20 = 50%.

Your ROI when you lose a tournament is -100%.

It's more common to talk about your average ROI over many tournaments. If you play 10 tournaments, at a total cost of $12, and get a total of $15.30, then your ROI for that set would be ($15.30-$12)/$12 = 27.5%.

Re: ROI
 

[ QUOTE ]
[ QUOTE ]
lets say i win a 1.20 9 man sng, 4.50
can u put those #s in a forumals for me.

[/ QUOTE ]
Your ROI for that tournament would be your profit divided by the buy-in, ($4.50-$1.20)/($1.20) = 370/120 = 3.08 = 308%.

[/ QUOTE ]

thought i got 275%. don't have the original in front of me... but your subtraction is wrong in some way. doesn't add up.. i think it's 3.30/1.20 = 2.75 (eye-balled it)

Re: ROI
 

[ QUOTE ]

Your ROI for that tournament would be your profit divided by the buy-in, ($4.50-$1.20)/($1.20) = 370/120 = 3.08 = 308%.

[/ QUOTE ]

i to got 275%

Re: ROI
 

But, i think i get the idea, thank you.

Re: ROI
 

Yes, I made an arithmetic error in the first calculation. That should have been 275%. Thanks.

Re: ROI
 

Pzhon, i have a small sample of 40 1.20 sngs.
can u please explain how i do it. Do I do 40 X 1.20 and the get my profit of everything or do each sng seperate and get the average ROI.

Re: ROI
 

[ QUOTE ]
Pzhon, i have a small sample of 40 1.20 sngs. can u please explain how i do it. Do I do 40 X 1.20 and the get my profit of everything or do each sng seperate and get the average ROI.

[/ QUOTE ]

It comes out the same. Do it however it's easiest to set it up on your spreadsheet. I'd do it so that each SNG shows on one line, and the totals and averages show on the bottom.

Re: ROI
 

For me the easiest way is something like follows:

((W/T)-B)/B x 100 = ROI

Where:

W = Overall winnings
T = Number of tournaments played
B = Buy-in (including rake)

Re: ROI
 

thanks, my ROI is -21.5% lol.