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What does ROI stand for?

  
 
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Gareth
Old 06-14-2005, 11:11 AM     Post subject: What does ROI stand for? #1 (permalink)  
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Gareth
As you can see from the title I have no idea what ROI stands for

would appreciate someone's help here.
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Old 06-14-2005, 11:13 AM #2 (permalink)  
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Return On Investment.

For example, if you invest $11 into a SnG and win $30, that is a positive ROI.
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arkana
Old 06-14-2005, 11:44 AM #3 (permalink)  
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Its the net profit you made divided by the money you invested to make that profit (the sum of all your buy ins).

So if you played 10 $10+1 sngs and won $150, then you risked 10x11=$110 and your net profit was $40. So your ROI will be 40/110 = 36%
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Gareth
Old 06-14-2005, 11:59 AM #4 (permalink)  
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Gareth
Thanks for your replys,

I want to start checking how well I'm actually doing and gatherd I needed this infomation as well, after I read that ROI is more important than ITM.


Cheers
"To see what is right, and not to do it, is want of courage or of principle." - Confucius
 
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arkana
Old 06-14-2005, 12:09 PM #5 (permalink)  
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If you are playing SNGs I recommend using this Excel spreadsheet:

http://www.flopturnriver.com/phpBB2/...ic.php?t=11443
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