This is a discussion on ROI Question within the online poker forums, in the Learning Poker section; Right... I have played
19 $2 games including rake.... And i have made $55 out of it.
So its (Total Profit)/(Total Profit) x 100
ROI = return on investment, how much on average you profit. Profit does not = winnings, it's how much you win - expenses.
the formula is (total winnings-expense / expense) x 100
If you spent $100 in entrance fees and rake and won $200 in total then your ROI would be 100%.
In your case, if you won a total of $55, and paid $38, your ROI would be:
55-38/38 x 100 = 44.7%
If your total PROFIT was $55, after factoring in the costs, then your roi would be 144%
1st December 2009, 4:55 PM
That good ? Bad?
1st December 2009, 6:24 PM
Poker at: pokerstars
re: Poker & ROI Question
1st December 2009, 6:37 PM
Thanks... I'm trying to learn about this in a simple way because i get confused i have learnt a lot off this forum just trying to become more know knowledgeable with all the different things that need to go with playing poker... Instead of just playing!