ROI question.

connie147 · 05-09-2008 2:04pm #1

A member in my club who has started using sharkskope, and he wants to know whats a good (or realistic) figure for his ROI. I dont use it but I'm sure somebody here will have an answer for him.

thanks
Connie

kincsem · 05-09-2008 2:06pm

-20%

thedini · 05-09-2008 2:31pm

its too broad a uestion, what levels does he play at, volume etc? U can breakeven at a certain level and be on a good income because of rakeback etc

connie147 · 05-09-2008 2:34pm

he's not playing for a living, he's playing as a hobby. he plays €5 and €10 sit and go's. Sharkskope tells him his roi is 20%. Is that good or bad? His bankroll would be small.

zuutroy · 05-09-2008 2:44pm

connie147 wrote: »

he's not playing for a living, he's playing as a hobby. he plays €5 and €10 sit and go's. Sharkskope tells him his roi is 20%. Is that good or bad? His bankroll would be small.

I think for that kinda stakes, 20% is solid...as you start getting into the $100's and above you're looking at single figures.

thedini · 05-09-2008 2:48pm

connie147 wrote: »

he's not playing for a living, he's playing as a hobby. he plays €5 and €10 sit and go's. Sharkskope tells him his roi is 20%. Is that good or bad? His bankroll would be small.

yea 20% is very good move up levels

steoin · 05-09-2008 4:31pm

what kind of sample would u need to have a reasonable accurate figure

bohsman · 05-09-2008 5:11pm

steoin wrote: »

what kind of sample would u need to have a reasonable accurate figure

Well into the thousands.

TommyGunne · 05-09-2008 5:45pm

20% would be excellent if he sustains it. Explain to him that he needs to have quite a large sample though and that he shouldn't get too excited till he has loads played

Mellor · 05-09-2008 7:02pm

20% over 1000 STTs at $5-$10 is good ROI and a reasonable sample.
But expect swings.

connie147 · 05-09-2008 7:04pm

Thanks lads. I'll pass it on.

Connie

RoundTower · 05-09-2008 7:11pm

just tell him 20% is good, which it is. He doesn't want to hear about sample sizes and swings.

noaces · 05-09-2008 7:28pm

I have another question on ROI on sharkscope. Say you pay a ten dollar sitandgo which is broken down $10+$1 are the stats based on $10 or $11. I know this may sound stupid but if it was off $10 that would mean you would nees an ROI of %10 to break even

NewApproach · 05-09-2008 7:30pm

I have another stupid question about sharkscope.

How is it possible to have positive profit but negative ROI%?

noaces · 05-09-2008 7:43pm

NewApproach wrote: »

I have another stupid question about sharkscope.

How is it possible to have positive profit but negative ROI%?

I think I know how this would happen you could say play 20 10dollar sndgs and lose 130 bucks overall say, then you could play one 100 dollar sandg and win 500 bucks. overall you would be in profit but your average roi would be negative. Now how about someone answers my stupid question

Mellor · 05-09-2008 7:54pm

Its off $11 afaik, the total amount invested

thedini · 05-09-2008 7:55pm

Mellor wrote: »

Its off $11 afaik, the total amount invested

.

ROI question.

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