Check out our brand new Local Poker Communities! Get updates and interact with poker players in your area.
Visit the United States Poker Community | Visit the California Poker Community | Read more about the Launch of P5s Local

Working out ROi/rake etc

Reply to Thread
  1. marlow77 marlow77 is offline

    Halstead
    United Kingdom

    Posts: 166
    Joined: Sep 07

    Jan 14th, 2010 (1/14/2010 9:21pm)

    Call me a total dumbass but I can't figure this no doubt easy equation out. When looking at ROI% on Sharkscope, we can see the ROI is given over our buy in exclusive of rake. eg 5000 games, abi $10 (say all games were $10 bang on), ROI%= 10% showing a profit of $5000. But now we take off the $1 rake per game, leaves us at $0.00, break even. Only we're not break even. We do in fact have loads in our poker bank. How the hell does this work?
  2. wes_mc wes_mc is offline

    Raleigh, NC
    United States

    Posts: 2,028
    Joined: Dec 09

    Jan 14th, 2010 (1/14/2010 9:46pm) in reply to marlow77

    I think you may be interpreting their stats incorrectly on two fronts.

    1. Their avg. ROI takes into acct the rake. So if you played exclusively $10+$1, your ROI would factor in $11 per tournament, not $10.

    2. Their avg. ROI is just that: an average. It is not your total ROI. If you are mostly playing tournaments whose buy-in is very close to your abi your average ROI will be the same or close to your total ROI. But the wider the spread of buy-ins you play, the greater the possibility your total ROI may differ greatly from your average ROI.

    Sharkscope talks about this on their FAQ page as well.
Reply to Thread