ROI?

[Woodsey]

Hi all,

I've been recording my stats for about a year now and one of the figures I don't understand is ROI (return on investment). My ROI is currently about 12%, what would be considered a decent ROI for a good player, and I'd be interested in other peoples ROI.

Thanks

[ariston]

12% is ok as long as this includes the rake (otherwise you aint making much). I wouldn't want to post my ROI and I am sure a lot of others will feel the same way- no offence meant honestly. 12% is decent enough depending on games/stakes you are playing. I would suggest you work it back to an hourly rate to see if it pays more than a normal job.

[Woodsey]

Thanks for that

The figures are almost exclusively for tourneys and SNG and include the buy in fee as well. I think my hourly rate is about $26 at the moment, but this is just a hobby anyway and if I can make a few quid playing all the better.

I started recording this stuff as when I first started playing I was definately a losing player but needed to know how much. Its just nice to know that my game as improved and I'm actually winning now.

[Royal Flush]

To help give you an idea my ROI is 165% which i am very happy about, i spent a lot of time working on my tournament game last year and this and i think its clear it has paid off. It equates to $65/hr which is pretty handy ;-)

One thing to remember with these things though is the sample size, and variation in the tournaments you play. I.E you lose evrey tourney you play at $1 then win a $100 rebuy with 1000 runners, the stats will show a very impressive ROI, but you would still be -ev in future tournaments as you cleary are not very good!!

Always remember, lies, damn lies and statistics.

[AdamM]

just clarify, is that 165% RETURN as opposed to profit, and I take it Woodsey means 112% return

[Royal Flush]

165% profit, 265% return!

[AdamM]

thats why I asked, 265% ROI then
my word thats high

[Gamblor21]

the fish just likes BIG numbers... play me heads up for a week and we'll see that number drop!!! well only if u play at heads up triple draw a-5 lol... i here ur a heads-up specialist at holdem

got to say tho if woodsey is just enjoying himself with a hobbie i don't think he should get too caught up on the stats of his results, enjoy it your having fun! If it's a hobbie that pays for it's self then thats brilliant!

Good luck!

At-iT

[AdamM]

you've mentioned the UB lowball stuff before. I love the game but am relatively new to it. mind me asking your handle on UB so I can have a watch?

[AdamM]

must admit I haven't been keeping records the last 12 months. fresh start today.

[Gamblor21]

I play as Vidal83...

Its normally late at night when i can't sleep, its good fun tho! i like learning new games as i feel it increases your knowledge across the whole board! playing superstud with stu nash and paul parker etc was an experience, but one i felt i learnt from!

[TightEnd]

165% profit, 265% return!

my my. Boy oh boy. crikey. cor.

need a backer?

[EvilSteve]

I did keep stats for a while but seeing as Im playing just for a bit of fun I scrapped it because it takes away a bit of fun from it always recording after a session. I haven't been taking Poker all that seriously for a while now, think a break followed by a fresh start would be good.

[snoopy1239]

Mine is 166%  

[Royal Flush]

Agree Ian if its a hobby then you shouldnt get to caught up in it.

Adam i just spoke to Ian on MSN and he said i should probably explain my results as others may doubt it.

Like i said 1 big result can skew your ROI, now i stay away from the large field events because i think the variance in them is too high for someone who depends on the return from tournaments to live off. I stick to the tournaments with less than 200 runners, sometimes 300. They are mostly rebuys but occasionly freezeouts. Almost always on the tribeca network, i.e. VC/BlueSquare

Now i did play the 25k about 8 weeks ago and i won it which bumped my ROI up a fair bit, infact if i take it out then my ROI drops to just over 215% this is still fairly high and i credit that to, an improved game/style suited to this style of tournament, and also to game selection.

The tribeca network is full of rebuy events, and quite often runs sats to these, if you are prepared to rebuy in these events when 1/2 the field isnt, then you hold a massive advantage, especially as you can take an instant rebuy. Couple this with the 15 min clock in these 'grand-final' events, which are the ones with sats to them, when a lot of the players tend to play the 8 minute events, it gives a good player a much bigger edge. And the biggest gain in my game i believe is bubble play, i used to listen to pros talk about it and think 'yeah it makes a diffrence but surely not that much' i now realise it does. To give you an idea my cash rate is quite low (i do bubble a lot) at 28%, but my final rate is 20%!!! That is why my ROI is as high as it is.

I hope that explains some of it.