Well by definition, if you have no profit your roi is NOT 50, roi is PROFIT/buyins, so no profit is 0 roi. To answer you real question, , 13 is no where close to enough games played to figure anything useful out, you need a lot more sngs played to get a real sense of how you are profiting. Hundreds if not Thousands of games.
ROI = 100*total profit/total investment
so if you played 13 dollar buyin sngs and made 13 profit, your roi would be 100*13/13, which is 100% return (you invested 13 bucks and made 13 bucks on it, 100% return)
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Thread: Roi
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01-02-2014, 11:14 PM #1
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01-02-2014, 11:22 PM #2
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That might make since so Im calculating it wrong? I've had 13 tourneys at $5.50 each total investment of $71.50..I've placed for times 2 2nd places for 13 total winning minus buy in $5.50 is $7.50 x 2 is $15.00 I've placed 1st place once which is 22.50 minus $5.50 being $17.00 and one 3rd place for $9.50 minus the buy in which is $4.00. so I took my $36.00 and divided is by $71.50 x 100....50%...no?
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01-02-2014, 11:29 PM #3
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no, 36 would be your profit for the games you cashed in, you have to "add" the -5.50 for each loss, so you have 9 that you didn't cash in so thats - 49.50 so you have a profit of -13.50, so a neg roi. But like i said, 13 games really tells you nothing, you need a lot larger sample
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01-02-2014, 11:29 PM #4
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So I would need to have more than my original deposit to even start calculating this? Sorry if this comes off dumb but I really want to be able to track my play accurately or not do it all
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01-02-2014, 11:38 PM #5
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01-02-2014, 11:42 PM #6
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01-04-2014, 07:06 PM #7