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Originally Posted by TriptreysNJ so wait.....if you spent 1600 on sngs....and only got back 398, then you lost 1202. what am I missiing? |
Eh, i'm not the best explainer.
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Originally Posted by http://www.pokertips.org/glossarydefs/416.php ROI is short for "return on investment." This is a poker term that is used to measure the profitability of one's play in poker tournaments.
ROI is calculated as (100 * total profit/total buy-in). Thus, if one received a prize of $150 in a tournament with a buy-in of $100+$9, one's ROI is calculated as 100 * $41/$109= 37.61%.
ROI is used for tournaments though because tournaments always have a fixed buy-in in relation to the prize pool. |
100 * 398/1600 = 24.88%, Overall i was given 1998 in prizes from the sngs for a 398 profit. Not 398 in prizes.
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Originally Posted by sensei24 Please help us understand:
100 3.40s @ 20% ROI: +68
Spent: 340 Won: ??????
400 6.50s @ 17.3% ROI: +451.2
Spent: 2600 Won:??????
100 16s @ 24.88% ROI: +398
Spent: 1600 Won: ?????? |
408
3051.2
1998