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-   -   ROI (http://archives1.twoplustwo.com/showthread.php?t=558811)

Proline Fiend 12-01-2007 05:23 PM

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.

pzhon 12-01-2007 05:46 PM

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%.

smbruin22 12-01-2007 06:37 PM

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)

Proline Fiend 12-01-2007 07:43 PM

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%

Proline Fiend 12-01-2007 07:43 PM

Re: ROI
 
But, i think i get the idea, thank you.

pzhon 12-01-2007 07:44 PM

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

Proline Fiend 12-01-2007 08:34 PM

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.

MikeBandy 12-01-2007 08:57 PM

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.

Nullvoid 12-01-2007 09:06 PM

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)

Proline Fiend 12-01-2007 09:08 PM

Re: ROI
 
thanks, my ROI is -21.5% lol.


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