Advanced search

making sure my ROI forumula is correct

All topics related to the mini tournaments

Moderators: Cactus Jack, LPF Police Department

making sure my ROI forumula is correct

Postby ikon » Sun Oct 30, 2005 6:21 pm

sorry but before i invest too heavily in a working system I want to at least make sure I am doing my calculations right.


So if you know what you are doing, please verify this is correct


say I play 10 SNG's at $10+$1 each


I finish first in 5 of them and out of the money in the other 5


my ROI is then as follows

(39 x 5)/(110) x 100


is this correct? cuz if so my ROI ends up being 177%!!! I'm sure this isn't right even if i did take first half the time.


can someone explain what (if anything) I'm doing incorrectly?
User avatar
ikon
 
Posts: 11
Joined: Sat Oct 29, 2005 4:50 pm

Postby Cardman » Mon Oct 31, 2005 8:24 am

I think it should be 127% but my head hurts right now and I could be wrong...
"Sometimes its all about making the wrong move at the right time"
User avatar
Cardman
 
Posts: 247
Joined: Tue May 31, 2005 9:46 am
Location: Massachusetts

Re: making sure my ROI forumula is correct

Postby Big_Leon » Mon Oct 31, 2005 11:00 am

User avatar
Big_Leon
 
Posts: 686
Joined: Wed May 25, 2005 11:13 am
Location: Houston, TX


Return to Sit and Go's (SnGs)

Who is online

Users browsing this forum: No registered users and 0 guests

cron