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Server Time: 1/8/2009 9:07:51 AM PACIFIC |
 Figuring ROI in SNGs, iceman5, 18. Dec 2003 13:31 | ||
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| After reading the long thread where alot of people posted SNG results I started wondering if everyone was figuring their ROI the same. I rechecked a couple of the figures posted and got different results. Heres is how I do it. Tell if this is correct. (These are hypothetical numbers that are very close to mine but I dont have them in front of me). (200) $10 SNG's 1st place---44 (pays $45) 2nd place---26 (pays $27) 3rd place---35 (pays $18) I have placed in the money 105 times out of 200 for a rate of 52.5% in the money I spent $2200 on entry fees (including the $1 fee) I won $3312 $3312-$2200=$1112 $1112/$2200=50.5% ROI Does this sound correct? | ||
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| Re: Figuring ROI in SNGs, Alan Merriam, 18. Dec 2003 14:07 | ||
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| > Tell me if this is correct. (These are hypothetical numbers that are very close to mine > I spent $2200 on entry fees (including the $1 fee) > I won $3312 > $3312-$2200=$1112 > $1112/$2200=50.5% ROI IMHO Yeah, but to be fair your investment in time is much more significanct than your investment in capital. Usually ROI is used when there is no contribution of labor. Your hourly rate is probably what you should be measuring. (Wouldn't you move up to $20 tables if you earned more even if your ROI decreased?) ~220 Tournements @ 1 hour each Return = 1112 Hourly Rate = $1112/220 = ~$5 hour | ||
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| Re: Figuring ROI in SNGs, Denver, 18. Dec 2003 16:40 | ||
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| I like the fact that you brought up hourly rate. I think the allure of SnG's are that they are a relatively small initial outlay for a lot of action, a guaranteed stop loss and a pretty good shot at doubling one's money (or more). I found that my earn was better in ring play than on $5 +$0.50 and $10 + $1 SnG's. In iceman5's case, if he can beat a $2/$4 online game then he might be better off in ring also. I've heard others on UPF say that one can make a killing at the $30 and $50 SnG's but I'm skeptical if real money can be made on the smaller buy-ins. Thoughts? | ||
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| Re: Figuring ROI in SNGs, Alan Merriam, 18. Dec 2003 14:07 | ||
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| > Tell me if this is correct. (These are hypothetical numbers that are very close to mine > I spent $2200 on entry fees (including the $1 fee) > I won $3312 > $3312-$2200=$1112 > $1112/$2200=50.5% ROI IMHO Yeah, but to be fair your investment in time is much more significance than your investment in capital. Usually ROI is used when there is no contribution of labor. Your hourly rate is probably what you should be measuring. (Wouldn't you move up to $20 tables if you earned more even if your ROI decreased?) ~220 tournaments @ 1 hour each Return = 1112 Hourly Rate = $1112/220 = ~$5 hour | ||
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| Re: Figuring ROI in SNGs, Alan Merriam, 18. Dec 2003 14:08 | ||
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| on 18. Dec 2003 13:31 iceman5 wrote: > After reading the long thread where alot of people posted SNG results I started > wondering if everyone was figuring their ROI the same. I rechecked a couple of > the figures posted and got different results. Heres is how I do it. Tell if > this is correct. (These are hypothetical numbers that are very close to mine > but I dont have them in front of me). > (200) $10 SNG's > 1st place---44 (pays $45) > 2nd place---26 (pays $27) > 3rd place---35 (pays $18) > I have placed in the money 105 times out of 200 for a rate of 52.5% in the > money > I spent $2200 on entry fees (including the $1 fee) > I won $3312 > $3312-$2200=$1112 > $1112/$2200=50.5% ROI > Does this sound correct? | ||
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| Re: Figuring ROI in SNGs, Alan Merriam, 18. Dec 2003 14:11 | ||
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| I'd suggest that you calculate your hourly rate. ROI is usually used for investments that do not require hours of your time. (Would you move up to $20SNG if your hourly winnings went up but your ROI went down. Assuming that you are spending 1 hour per game, your hourly rate is $5 which is very good for 10SNG in my opinion. My hourly rate for $5 Limit SNG is about a buck. You are correct, measurement is the key. | ||
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| Re: Figuring ROI in SNGs, Alan Merriam, 18. Dec 2003 19:08 | ||
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| I'd suggest that you calculate your hourly rate. ROI is usually used for investments that do not require hours of your time. (Would you move up to $20SNG if your hourly winnings went up but your ROI went down. Assuming that you are spending 1 hour per game, your hourly rate is $5 which is very good for 10SNG in my opinion. My hourly rate for $5 Limit SNG is about a buck. You are correct, measurement is the key. | ||
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| Re: Figuring ROI in SNGs, Alan Merriam, 18. Dec 2003 19:10 | ||
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| I'd suggest that you calculate your hourly rate. ROI is usually used for investments that do not require hours of your time. (Would you move up to $20SNG if your hourly winnings went up but your ROI went down. Assuming that you are spending 1 hour per game, your hourly rate is $5 which is very good for 10SNG in my opinion. My hourly rate for $5 Limit SNG is about a buck. You are correct, measurement is the key. | ||
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| Re: Figuring ROI in SNGs, Alan Merriam, 18. Dec 2003 19:43 | ||
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| I'd suggest that you calculate your hourly rate. ROI is usually used for investments that do not require hours of your time. (Would you move up to $20SNG if your hourly winnings went up but your ROI went down. Assuming that you are spending 1 hour per game, your hourly rate is $5 which is very good for 10SNG in my opinion. My hourly rate for $5 Limit SNG is about a buck. You are correct, measurement is the key. | ||
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| Re: Figuring ROI in SNGs, Alan Merriam, 18. Dec 2003 19:44 | ||
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| I'd suggest that you calculate your hourly rate. ROI is usually used for investments that do not require hours of your time. (Would you move up to $20SNG if your hourly winnings went up but your ROI went down. Assuming that you are spending 1 hour per game, your hourly rate is $5 which is very good for 10SNG in my opinion. My hourly rate for $5 Limit SNG is about a buck. You are correct, measurement is the key. | ||
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| Re: Figuring ROI in SNGs, GenHawk, 19. Dec 2003 07:30 | ||
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| I figured mine the way you said. It would be interesting to calculate my hourly rate, if I can figure out how - I play different levels from $5-30. But $5/hour sounds about right. | ||
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| Re: Figuring ROI in SNGs, iceman5, 19. Dec 2003 14:18 | ||
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| I agree that you can win more money in cash games, but what does that have to do with my post? I asked if I was figuring my ROI correctly and if everyone else who had posted stats was doing it the same way, so I could compare my stats to theirs. I dont play professionally so I honestly dont care about the money. When I play cash games, I play to win but not necessarily to accumulate huge amounts of money. In other words, I would be happier playing .25/.50 for 2 hours and winning $6 than I would playing $2/$4 for 2 hours and winning $10. In the .25/.50 game I won 6BB/hr and in the $2/$4 game I only won 1.25BB/hr. I care more about results than the actual amount of money won. In a couple years if I continue to improve and move up limits I will think more about the amount of money Im winning. I played a $20 SNG today and came in 2nd. I won $32 which is almost the same amount of money as WINNING a $10 SNG ($34), but I wouldve been happier winning the $10 SNG. Mainly because I had a 9000 to 4500 chip lead when we got heads up so I believe I shouldve won, but made some mistakes. | ||
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