Re: ROI
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lets say i win a 1.20 9 man sng, 4.50
can u put those #s in a forumals for me.
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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%.
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