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What does ROI mean?

smith08619smith08619 Member Posts: 21
edited March 2012 in Poker Chat
Hello I'm new to poker and hear alot of people saying look on sharkscope my ROI is great I'm a pro lol.
I understand it stands for return on investment but what does that actually mean? how is it calculated? whats a good ROI?

I've been playing since 3rd of Jan and my ROI is 27% is that good?
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Comments

  • scouse_redscouse_red Member Posts: 5,968
    edited March 2012
    Return on investment
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  • Russ76Russ76 Member Posts: 81
    edited March 2012
    it all depends how many games you have played really but 27% is very good over a large sample size but over say 30 games it dosn't mean quite as much. however its much better than -27% 
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  • GaryQQQGaryQQQ Member Posts: 6,804
    edited March 2012
    Republic of Ireland
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  • POKERTREVPOKERTREV Member Posts: 9,607
    edited March 2012
    ROI is calculated like this example:

    If the entry fee is = £1.10
    If the winnings are =  £19.00

    £19.00 minus £1.10 divided by £1.10 x 100 = 1827% ROI (Return on Investment)

    On the other Hand if you didn't Cash it would look like this:

    If the entry fee is Entry = £1.10
    If the winnings are = £0.00

    £00.00 minus £1.10 divided by £1.10 x 100 = (-100%) ROI (Return on Investment)
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