I really refuse to be drawn into such a stupid argument, and I'm not trying to 'shoot down' anyone. All I will say is there's an old saying about there being various ways to skin cats which I feel is appropriate here.
I'll take my leave of this thread (unless it actually get interesting somehow) with my favourite quote!
Show me a worked example bearing this in mind where my formula gives an incorrect answer and I will admit I'm wrong. gogogo!
I'll take my leave of this thread (unless it actually get interesting somehow) with my favourite quote!
FPaulsson said:
Show me a worked example bearing this in mind where my formula gives an incorrect answer and I will admit I'm wrong. gogogo!
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Working from base 1 it's -90%.
Really, this is getting silly, can we just agree to disagree? 🙂
I admit I was probably drunk/tired or something when I made the originally quoted post 'cos I'd usually say profit, but even in my drunk/tiredness I wasn't actually wrong, per se.
Really, this is getting silly, can we just agree to disagree? 🙂
I admit I was probably drunk/tired or something when I made the originally quoted post 'cos I'd usually say profit, but even in my drunk/tiredness I wasn't actually wrong, per se.
According to sharkscope.com my ROI is 24%. I'm still confused as to what a good score is so I'd like to know if that is strong or not.
Joe03681 said:
It is good (how good it is depends on what level you are playing at, and how much data you have)
Your ROI% only really means anything if you have a large data set.
EG if the 24% applies to 1000 sngs at the $55/$109 level....then big thumbs up. If it applies to 50 sngs at mirco limits then a smaller thumbs up 🙂
Regardless, a +ve is still a +ve. On most sites around 85% of people have a negative ROI%.
Welly
Returning to the question of what is a reasonable target:-
On my favourite site for SNGs, where I feel the opposition is very soft (no I`m not telling you where, find your own fish 🙄 ) I have an ROI of 35.39. This is after well over a hundred games.
My average over the other sites I play is 12.66.
I have read elsewhere that 35 is the highest figure you can realistically expect to maintain, and this seems to match with my experience.
On my favourite site for SNGs, where I feel the opposition is very soft (no I`m not telling you where, find your own fish 🙄 ) I have an ROI of 35.39. This is after well over a hundred games.
My average over the other sites I play is 12.66.
I have read elsewhere that 35 is the highest figure you can realistically expect to maintain, and this seems to match with my experience.
I know it's been awhile scince this thread has any posts. But here it goes. I'm a new to poker been playing just a few years. But im truly focusing on getting better. And to under stand stats better. So I started a bank roll of 50$ to play .50 cent 9 man turbo sit n goes. I've done a 51 game sample ( meant to do 50 but I played one last one to help the numbers lol) I have the ITM of 32%. I've won 1st 10× 2nd 5× 3rd once. I've spent 25.50$ and made 26.59$ to me that's seems pretty poor but if I do the ROI formula profit/investment ×100=ROI , that means I have and ROI of 104% . What is your guys take on these numbers . I was going to do another tally at a 100 games. I just wanted to see how I'm doing.
Ahoy there - `SquibyBoom` !
What`s up - brigante ?
What about the weather - near Ontario Lake`s ?
Some words about ROI..
There is one pretty resource :
http://macropoker.com/
I can tell you - such a very-very smart guy`s made it. Someone of them I know very close. All they is very good & experienced in the math.
Anyway, they propose to distinguish the concept and meaning of ROI : they divided into 3 categories.
1. ROI-std – a player’s ROI according to the classical definition: profits divided by the sum of invested money.
2. ROI-bi – the player’s ROI in buy-ins: for each tournament, a percentage is calculated based on buy-ins won/lost, and then the ROI is averaged over all tournaments.
3. ROI-adj - an indicator that takes into account the importance of tournaments: more weight is given to the recently played tournaments, tournaments with a deep structure, those with higher buy-ins, etc.
So, as you can see - all of that kind of ROI`s have the different values.
Which one of them exactly need for you - choose by your`s !
P.S.
dam ! the images - not show here, so - I post in next one the link`s to the images.
By the way, moderator: how I can to delete one of my post ?
What`s up - brigante ?
What about the weather - near Ontario Lake`s ?
Some words about ROI..
There is one pretty resource :
http://macropoker.com/
I can tell you - such a very-very smart guy`s made it. Someone of them I know very close. All they is very good & experienced in the math.
Anyway, they propose to distinguish the concept and meaning of ROI : they divided into 3 categories.
1. ROI-std – a player’s ROI according to the classical definition: profits divided by the sum of invested money.
2. ROI-bi – the player’s ROI in buy-ins: for each tournament, a percentage is calculated based on buy-ins won/lost, and then the ROI is averaged over all tournaments.
3. ROI-adj - an indicator that takes into account the importance of tournaments: more weight is given to the recently played tournaments, tournaments with a deep structure, those with higher buy-ins, etc.
So, as you can see - all of that kind of ROI`s have the different values.
Which one of them exactly need for you - choose by your`s !
P.S.
dam ! the images - not show here, so - I post in next one the link`s to the images.
By the way, moderator: how I can to delete one of my post ?
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Some words - about ROI
Ahoy there - brigante `SquibyBoom` !
Just - take a look to the one resource :
http://macropoker.com/
When you open the bookmark `FAQ` - you can find there that there is at least 3 kind`s (type`s) of ROI:
1. ROI-std – a player’s ROI according to the classical definition: profits divided by the sum of invested money.
https://yadi.sk/i/1XCw2eqa38oqxT
2. ROI-bi – the player’s ROI in buy-ins: for each tournament, a percentage is calculated based on buy-ins won/lost, and then the ROI is averaged over all tournaments.
https://yadi.sk/i/Q3w-b0GV38orPV
3. ROI-adj - an indicator that takes into account the importance of tournaments: more weight is given to the recently played tournaments, tournaments with a deep structure, those with higher buy-ins, etc.
https://yadi.sk/i/h82TtrHW38oreY
As you can see - there is very different value in that 3 kind`s of ROI.
Anyway, which one exactly you need - is only your own choice.
Good Luck - at the table`s & in your life !
Play hard & smart !
Ahoy there - brigante `SquibyBoom` !
Just - take a look to the one resource :
http://macropoker.com/
When you open the bookmark `FAQ` - you can find there that there is at least 3 kind`s (type`s) of ROI:
1. ROI-std – a player’s ROI according to the classical definition: profits divided by the sum of invested money.
https://yadi.sk/i/1XCw2eqa38oqxT
2. ROI-bi – the player’s ROI in buy-ins: for each tournament, a percentage is calculated based on buy-ins won/lost, and then the ROI is averaged over all tournaments.
https://yadi.sk/i/Q3w-b0GV38orPV
3. ROI-adj - an indicator that takes into account the importance of tournaments: more weight is given to the recently played tournaments, tournaments with a deep structure, those with higher buy-ins, etc.
https://yadi.sk/i/h82TtrHW38oreY
As you can see - there is very different value in that 3 kind`s of ROI.
Anyway, which one exactly you need - is only your own choice.
Good Luck - at the table`s & in your life !
Play hard & smart !
