Originally Posted by Jurn8
Ok good luck hope u win a shed load !
ty, I did pretty decent, won 3, and took 3rd in 3. so I'm up almost 130$, 129.8 to be exact, but ok back to the subject. First here is what roi means and how you can calculate it (return on investment)
how much you won subtract the buy in for the tourney/sng divided by the buy in multiplied by 100 and it is represented as a percent
so say it is a 2$ tourney/sng, u won 9$ your ROI would be 350% as 9-2= 7 and 7/2 * 100 = 350%.
Ok and now let me explain why I said roi matter more than % itm. Lets say as an example we are doing four 2$ sngs. 1st $9 2nd $5 and 3rd 3$ ( these are just numbers i came up with so I can explain) Lets say you take 2nd,3rd and 3rd. your itm is 3/4 or 75% (this is obviously a very small sample but anyways) and lets say you get 1st and 1st, that means your itm is only 50% obviously not as high as first time but lets look at the return of investment. all together we invested 2$x4sngs=$8 in first example we get back 11$ yes we do make profit and our itm % is high but roi isn't and in 2nd example you get back 18$, in this case itm % is lower but roi is higher, so the higher the roi the better it is. Do you see where I'm getting at now?
Also there is a site that offers 5 free searches a day its called sharkscope
.com and if you search your name and then click on your name you will see 3 graphs, 1st one is graph of your progess and profit, 2nd one is your roi for certain games (sharkscope has to have a good amount of sngs on you in order to figure it out) so more sngs you play the more accurate is the info. and last graph is the graph of the games you played and how many. I think it's a pretty cool site and you can subscribe to get even more extra detailed info on your self and other players. Also there are some poker programs such as sngwiz can help you analyze your game and some others, just look around and ask for help if needed.