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ROI & EV

POTTSY82POTTSY82 Member Posts: 220
edited February 2010 in Poker Chat
Hey guys, Can someone explain what these are, when i'd use them, how to work them out and anything else please in simple terms.  Thanks very much!!

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    beanehbeaneh Member Posts: 4,079
    edited February 2010
    In Response to ROI & EV:
    Hey guys, Can someone explain what these are, when i'd use them, how to work them out and anything else please in simple terms.  Thanks very much!!
    Posted by POTTSY82
    EV = expected value


    ROI = return on investment


    Hope the outside links are ok.
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    POTTSY82POTTSY82 Member Posts: 220
    edited February 2010
    Thank you beaneh mate
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    stokefcstokefc Member Posts: 7,685
    edited February 2010
    very intresting beaneh.just checked me sharkscope been on a bit of a downer lately me roi is 11% is that any good..also i.m on super tilt lol it reads minds too
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    beanehbeaneh Member Posts: 4,079
    edited February 2010
    In Response to Re: ROI & EV:
    very intresting beaneh.just checked me sharkscope been on a bit of a downer lately me roi is 11% is that any good..also i.m on super tilt lol it reads minds too
    Posted by stokefc

    I wouldn't rely on sharkscope to rank you as it has to work within a very narrow set of rules and definitions.

    Also in tournies it takes a decent sample size to actually know your roi due to the top heavy payout structure and how much one result can skew it.

    This is why taking records of ALL your play and results is very important.
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