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calculating my roi

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  1. 07-13-2005 04:30 AM #1
    homeboy604
    homeboy604 is offline
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    Default calculating my roi

    im not really sure how do do this.

    ive played 10 games @ $1.00 + .15.
    ive won 4, and got second once.
    i lost the other 5 times.

    total entries 11.50
    total winnings 20.25

    i also played one $2 + .25 and took first for a $9.00 prize.

    what is my total roi??

    thanks
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  2. 07-13-2005 05:01 AM #2
    Phlegm's Avatar
    Phlegm
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    net profit divided by total invested
    Goal for 2005: $30k
    So far: $31k

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  3. 07-13-2005 05:12 AM #3
    homeboy604
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    so my roi woul be 21?
    that seems kinda low since i took first in 5 out of 11 tourneys?
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  4. 07-13-2005 06:39 AM #4
    CrimsonOne
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    ROI = 107.85% I think...
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  5. 07-13-2005 08:01 AM #5
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    AHiltz
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    76%
    20.25 - 11.5 = 8.75 = net profit
    8.75 / 11.5 = 76%
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  6. 07-13-2005 11:06 AM #6
    CrimsonOne
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    Yup, ROI = 76% for the $1.00 + .15

    And 107.85% total ROI
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