ROI and Winrate - any sort of combination stat?

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ChuckTs

ChuckTs

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  • #1
Playing on Stars with my new PokerTracker software, I've been much more aware of stats lately. The main things I'm looking at since I've been playing strictly SnGs and MTTs is ROI (Return on investment) and risk vs. reward, ITM (In the money %), winrate (hourly wage) and profits.

I've been playing mainly $35 SnGs (and will be until my SnG challenge is done, and probably after too), but have been looking for more profitable games to boost the bankroll on the side.

What I'm getting at is, what is the best bang for my buck with relation to time spent. I could invest 3 or 4 hours of my time in a $10 or $20 buyin MTT with a possible $0 to $2000 or so dollars to be won. I could also play a $5 45-seater for an hour, and make a possible $0 to $70. I could also just stick to the $35 6-seaters and invest only 20 mins to an hour of my time for a possible $0 to $136 profit.

I'm still a newbie to stats, but what I really want to know is instead of swimming through all these different stats, is there a way of calculating the most profitable game with a kind of mix of ROI and the amount of time it takes to finish a tourney (winrate sort of)??

I'm just trying to find a way of calculating the most profitable game, with the least time spent. Regardless of the buy-in (I can hit money relatively often at the $35 and under stakes; never tried over $40 at stars, but could probably do as well as I do at my current stakes up to $50).
 
Dorkus Malorkus

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  • #2
ChuckTs said:
I'm still a newbie to stats, but what I really want to know is instead of swimming through all these different stats, is there a way of calculating the most profitable game with a kind of mix of ROI and the amount of time it takes to finish a tourney (winrate sort of)??

Uh?

Just use winrate. I really don't get this thread at all, and why you feel winrate isn't adequate.
 
wsorbust

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  • #3
Anyone here a mathematician...? I think he feels different games such as sitngos, rings, and mtt's winrates should be calculated differently...or be viewed differently.
 
ChuckTs

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  • #4
I think I'm confusing myself here...

ok say for a $4 MTT, you get a winrate of $5/hr
then for a $35 SnG, I get a winrate of $10
(just random, made up ex's)

but the thing is I'm risking way more for the SnG. I'm looking for the most profitable tournament, with the smallest buyin possible, and a way to calculate it.

Not sure if that clears things up or not; like I said I'm a complete noob to stats
 
Dorkus Malorkus

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  • #5
I still don't get it.

Play a decent sample size of each, and play whatever gives you the most profit/hr if all you're concerned with is playing the most profitable kind of game.

If you're profiting more but buying in for more, who cares as long as (a) you're still playing within your bankroll, and (b) your results from samples are reasonably accurate?
 
ChuckTs

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  • #6
sorry guys; been up all night due to insomnia - should have proofread it to make my point more clear

...my 'point' is now confusing even me :/

ignore this thread :)
 
Dorkus Malorkus

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  • #7
Damn, I had $10 on 'drunk', but it was 'tired'. :(

Anyway, I'll close this.
 
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