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ROI question

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ROI question - Sun Jul 31, 2011, 02:42 PM
(#1)
Freckldgator's Avatar
Since: Dec 2010
Posts: 217
BronzeStar
I have recently started to play the .25/45 man sng's exclusively and am keeping close track of them.
I want to make sure I am calculating ROI correctly and get it set in my thick head how to do it.

I have played 28 of these in the last few weeks for a total investment of $7.00.
I have moneyed in 9 of them for a total of $17.20.

I figured my ROI to be:

$17.20-$7.00/$7.00
10.20/7= 1.457 x 100 = 145% ROI

Can this be right?

Seems a bit high. I know it is a small sample, but
 
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Mon Aug 01, 2011, 08:08 AM
(#2)
bindy67's Avatar
Since: Jun 2010
Posts: 132
hi freckled...let me start by saying i have no idea as maths is foreign to me but congrats on a positive roi. i believe mine is about -50%
 
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Mon Aug 01, 2011, 08:36 AM
(#3)
TrumpinJoe's Avatar
Since: Jun 2010
Posts: 4,557
Quote:
Originally Posted by Freckldgator View Post
Can this be right?
Yes it is right!

Quote:
Originally Posted by Freckldgator View Post
Seems a bit high. I know it is a small sample, but
Just as anything can happen in a small sample of hands anything can happen in a small sample of tournaments. But you are off to a great start; although it will take a sample size in the thousands to determine your actual ROI. Keep up the good work, Freckld.
 
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Tue Aug 02, 2011, 12:31 AM
(#4)
Moxie Pip's Avatar
Since: Aug 2010
Posts: 3,853
Quote:
Originally Posted by Freckldgator View Post
I have recently started to play the .25/45 man sng's exclusively and am keeping close track of them.
I want to make sure I am calculating ROI correctly and get it set in my thick head how to do it.

I have played 28 of these in the last few weeks for a total investment of $7.00.
I have moneyed in 9 of them for a total of $17.20.

I figured my ROI to be:

$17.20-$7.00/$7.00
10.20/7= 1.457 x 100 = 145% ROI

Can this be right?

Seems a bit high. I know it is a small sample, but


Yes it's right and the ITM percentage is pretty good as well.

Take lots and lots of notes if you plan on grinding a decent sized number of these as you'll see a lot of the same players over and over again. I had only gotten to around 280 of these and every time I loaded them up (usually 3 45's and 1 90 at the end) I would see about 3-6 familiar "faces" per game.

Keep it going.

Last edited by Moxie Pip; Tue Aug 02, 2011 at 12:35 AM..
 
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Mon Nov 14, 2011, 10:57 PM
(#5)
2edgar's Avatar
Since: Jun 2011
Posts: 34
(Moderator)
I just use the official poker rankings website, but it only captures a minimum of 36 players in S&G I believe, you will get a "semi" accurate ROI there.

http://www.officialpokerrankings.com

Last edited by 2edgar; Tue Nov 15, 2011 at 01:38 AM..
 

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