158% indicates to me you've probably binked a high tournament score in proportion to your average buy-in. Years ago I won a $25K GTD on FT and my ROI was like 750% and stayed triple digits on that site for years, because I played a pretty low volume of MTTs.
A "good" ROI depends on a lot of factors and the types of games you play. For MTTs, 10% would be considered decent. A very good MTT player will run around 15-20% over a long-term sample. Pro's might hit around 35-45%. The very rare MTT god like a Shaun Deeb can hit higher than that, like 60+%. As fields get bigger, variance increases, which makes ROI more spotty. But statistically the main problem with MTTs is volume -- it's very difficult to attain a sample size that makes the numbers converge into a truly meaningful ROI, but those I mentioned are a rule of thumb.
SNG ROI converges faster since volume is easier to attain. Lower stakes ROI's of 10-20% can be achieved by very good players. As stakes increase, good ROI's are typically in the single digits.
Hey everyone,
I'm still a bit confused about this ROI business myself. For example, if a person has a
bankroll of $100, and after a month of playing lots of MTT's he finds himself with $120, does he have an ROI of 20%?
But what about if this same player, after playing tournaments for six months, still has a bankroll of $120... Would you then say that in the long run, he has an ROI of 20%?
But wouldn't you agree that these are two completely different situations? If you could have a 20% ROI every month, your bankroll would grow very steadily.. (100+(0.2*100)+(0.2*(100+(0.2*100))+.....)
So I guess my question is: how often are ROI's "compounded"? Or does an ROI of 20% mean that on average, a player makes a 20% return on his investment
every tournament?
I would appreciate it if someone could clarify this stuff for me,
Thanks,
Dave