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Squeak2k2
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01-26-2007, 12:48 AM
Post subject: I'm gonna assume 114% ROI is slightly unsustainable, right?
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#1 (permalink)
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Straight
Join Date: Nov 2004
Posts: 136
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Testing a new poker strategy and decided to create a small ROI spreadsheet to track it's potential profit. Could someone check my math please?
This is all $5.50 single table SnGs at PokerStars.
3 finished out of the money.
1 finished 3rd for $9
2 finished 2nd for $13.50
2 finished 1st for $22.50
Adding that up I got $50.50 in profit and $44 in BuyIns.
114% ROI, right?
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"The System" Experiment - $5+.50 SnG's at PokerStars
SnG's - 60 ; ITM - 24 ; ROI - 4%
1st - 6 ; 2nd - 10; 3rd - 8
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bode
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Straight Flush
Join Date: May 2006
Location: slow motion
Posts: 4,270
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this is a worthless sample size.
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Quote:
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eeevees are not monies yet...they are like baby monies.
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Squeak2k2
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Straight
Join Date: Nov 2004
Posts: 136
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I already know it's not a big enough sample size for anything. I just want to be sure of my math. Is the math done correctly?
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"The System" Experiment - $5+.50 SnG's at PokerStars
SnG's - 60 ; ITM - 24 ; ROI - 4%
1st - 6 ; 2nd - 10; 3rd - 8
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bigspenda73
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Straight Flush
Join Date: Jul 2006
Location: Pwnsylvania
Posts: 7,546
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What did you make compared to what you invested?
You invested 38.50 and you won $81 therefore you profited 42.50 on 38.50 so your math looks good.
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Squeak2k2
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Straight
Join Date: Nov 2004
Posts: 136
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Alright good.
One more question. How many games should I play and record before it becomes a reliable sample size?
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"The System" Experiment - $5+.50 SnG's at PokerStars
SnG's - 60 ; ITM - 24 ; ROI - 4%
1st - 6 ; 2nd - 10; 3rd - 8
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donkbee
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WELP
Join Date: May 2005
Location: so close but so far
Posts: 3,604
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Quote:
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Originally Posted by Squeak2k2
Alright good.
One more question. How many games should I play and record before it becomes a reliable sample size?
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Lots ... hundreds ... Got time for thousands?
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Originally Posted by Fnord
Why poker fucks with our heads: it's the master that beats you for bringing in the paper, then gives you a milkbone for peeing on the carpet.
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Tjorriemorrie
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Join Date: Nov 2006
Location: South Africa
Posts: 57
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About 10k imo
And @bode, he didn't ask Is my sample size good?, he asked is his math correct. Plz try to read the question.
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"Poker is a game of people... It's not the hand I hold, it's the people that I play with." ~ Amarillo Slim
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bigspenda73
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Straight Flush
Join Date: Jul 2006
Location: Pwnsylvania
Posts: 7,546
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Quote:
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Originally Posted by Tjorriemorrie
About 10k imo
And @bode, he didn't ask Is my sample size good?, he asked is his math correct. Plz try to read the question.
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really, you wanna go there? God damn the fucking 30 posters and their bullshit.
P.s. me=hammered
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Pelion
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4-of-a-Kind
Join Date: Sep 2005
Posts: 3,206
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Quote:
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Originally Posted by Tjorriemorrie
And @bode, he didn't ask Is my sample size good?, he asked is his math correct. Plz try to read the question.
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Quote:
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Originally Posted by The Title
I'm gonna assume 114% ROI is slightly unsustainable, right?
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Please try to read all of the questions. kkthx
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gabe: Ive dropped almost 100k in the past 35 days.
bigspenda73: But how much did you win?
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bode
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Straight Flush
Join Date: May 2006
Location: slow motion
Posts: 4,270
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Quote:
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Originally Posted by Pelion
Quote:
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Originally Posted by Tjorriemorrie
And @bode, he didn't ask Is my sample size good?, he asked is his math correct. Plz try to read the question.
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Quote:
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Originally Posted by The Title
I'm gonna assume 114% ROI is slightly unsustainable, right?
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Please try to read all of the questions. kkthx |
ty mr. Pelion, sir.
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eeevees are not monies yet...they are like baby monies.
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Seasider
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Flush
Join Date: Jun 2005
Location: Bangor UK
Posts: 563
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Move Up, thats $85 at the 10's
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Ghandii
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Join Date: Jan 2007
Posts: 79
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Sorry to bump this but it's been a long time since Ive been in school and my maths is quite rusty. I scratched my head for a while and came up with an answer I believe to be right. Looking for confirmation please..
P.S .. Im aware that the sample size is tiny 
Pokerstars $5.50 SnG's
Investment = $110
Return = $153
Profit = $43
What I did was multiply (43/110)x(100/1) and got an ROI of 39%
Is this right?
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paws
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One Pair
Join Date: Feb 2007
Posts: 16
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Quote:
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Originally Posted by Ghandii
Pokerstars $5.50 SnG's
Investment = $110
Return = $153
Profit = $43
What I did was multiply (43/110)x(100/1) and got an ROI of 39%
Is this right?
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That's correct, ROI = {Profit} / {Investment} * 100
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Anosmic
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Full House
Join Date: Jan 2006
Location: Sweden
Posts: 999
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ROI Calculations + PokerTracker = Anosmic - Headache
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Ghandii
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Join Date: Jan 2007
Posts: 79
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Quote:
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Originally Posted by paws
Quote:
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Originally Posted by Ghandii
Pokerstars $5.50 SnG's
Investment = $110
Return = $153
Profit = $43
What I did was multiply (43/110)x(100/1) and got an ROI of 39%
Is this right?
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That's correct, ROI = {Profit} / {Investment} * 100 |
Cheers man.
Anosmic; I like your school of thought, can I subscribe to your newsletter 
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Jstell20
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If you attained a 114% ROI for even 50 sng's, it would be utterly amazing, and I would probably stake you.
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BCeagles23
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Join Date: Mar 2007
Posts: 9
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Quote:
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Originally Posted by Jstell20
If you attained a 114% ROI for even 50 sng's, it would be utterly amazing, and I would probably stake you.
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50 sngs is nothing though. that would only tell you that he is running amazingly hot. i wouldnt stake you jstell..... or WVU lol cant even make the tourney.
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dsmrolla06
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Full House
Join Date: Apr 2006
Location: South Bend IN
Posts: 724
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Quote:
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Originally Posted by Jstell20
If you attained a 114% ROI for even 50 sng's, it would be utterly amazing, and I would probably stake you.
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I dont know how amazing it would really be, i know ive ran around 80-90% roi over 50 sngs...
You probly need somewhere around 400-500 sngs to have a good idea of how you should do at a certain level.
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