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  #1  
Old 12-01-2007, 05:23 PM
Proline Fiend Proline Fiend is offline
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Default 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.
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  #2  
Old 12-01-2007, 05:46 PM
pzhon pzhon is offline
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Default 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%.
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  #3  
Old 12-01-2007, 06:37 PM
smbruin22 smbruin22 is offline
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Default 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)
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  #4  
Old 12-01-2007, 07:43 PM
Proline Fiend Proline Fiend is offline
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Default 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%
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  #5  
Old 12-01-2007, 07:43 PM
Proline Fiend Proline Fiend is offline
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Default Re: ROI

But, i think i get the idea, thank you.
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  #6  
Old 12-01-2007, 07:44 PM
pzhon pzhon is offline
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Default Re: ROI

Yes, I made an arithmetic error in the first calculation. That should have been 275%. Thanks.
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  #7  
Old 12-01-2007, 08:34 PM
Proline Fiend Proline Fiend is offline
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Default 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.
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  #8  
Old 12-01-2007, 08:57 PM
MikeBandy MikeBandy is offline
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Default 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.
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  #9  
Old 12-01-2007, 09:06 PM
Nullvoid Nullvoid is offline
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Default 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)
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  #10  
Old 12-01-2007, 09:08 PM
Proline Fiend Proline Fiend is offline
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Default Re: ROI

thanks, my ROI is -21.5% lol.
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