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ROI

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ROI - Thu Feb 03, 2011, 11:26 AM
(#1)
AlphaAero's Avatar
Since: Nov 2010
Posts: 389
BronzeStar
What is the actual loss on a -5% ROI on winnings of $1181 with an Average buy in of $2.53
 
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Thu Feb 03, 2011, 11:56 AM
(#2)
JWK24's Avatar
Since: Jun 2010
Posts: 24,814
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ROI = (total winnings-total buyin)/total buyin
total won or lost = total winnings-total buyin

avg buy-in is irrelevant

Last edited by JWK24; Thu Feb 03, 2011 at 11:58 AM.. Reason: typo
 
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Thu Feb 03, 2011, 12:20 PM
(#3)
PanickyPoker's Avatar
Since: Sep 2010
Posts: 3,168
My head is telling me $23.

My head also says that the $23 loss is dependant upon the $1181 being a net win and not a gross win.

But now I'm confused so don't believe a word that I say.
 
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Thu Feb 03, 2011, 12:46 PM
(#4)
Darkman61's Avatar
Since: Jan 2010
Posts: 2,225
BronzeStar
$62.16
 
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Thu Feb 03, 2011, 12:59 PM
(#5)
AlphaAero's Avatar
Since: Nov 2010
Posts: 389
BronzeStar
How is that calculated please sir?
 
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Thu Feb 03, 2011, 01:06 PM
(#6)
Darkman61's Avatar
Since: Jan 2010
Posts: 2,225
BronzeStar
Divide your "winnings" by 100 less your negative ROI. Which in this case gives you 95.

Multiply the answer by 100 to ascertain the amount staked. This gives you $1,243.16.

Subtract your "winnings" from the amount staked. Answer = $62.16.

There are other ways of doing it, but this is the way that most people get their head around it.
 
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Thu Feb 03, 2011, 01:16 PM
(#7)
AlphaAero's Avatar
Since: Nov 2010
Posts: 389
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Most obliged. TY
 

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