Quote:
Originally Posted by blipandblop
Will you please explain, doing something wrong
EV chips won per game = total chips won / total games.
Rake is 0.04 for $7+ games, 0.05 for $3, and 0.07 for $1.
Breaking it down:
Expected ROI = ((expected win rate * expected prize pool buyins) - 1 buyin) * 100
Expected win rate = (EV chips won per game + 500) / 1500
Expected prize pool buyins = 3 - 3 * rake = (1 - rake) * 3
Example:
Rake = 0.04
EV chips per game = 40
Expected prize pool buyins
= (1 - rake) * 3
= (1 - 0.04) * 3
= .96 * 3
= 2.88
Expected win rate
= (40 + 500) / 1500 = 0.36
Expected ROI
= (0.36 * 2.88 - 1) * 100
= 3.68% (see note)
Note: This is for a purely winner-take-all format, so actual expected ROIs will differ for .com Spin&Go, being very slightly lower for expected winners. For the example above, expected ROI will actually be 3.61% rather than 3.68%.