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Live Tourney ROI Live Tourney ROI

10-21-2017 , 09:53 AM
I was looking through threads and seen a few people talking about their ROI.

I thought I'd calculate mine (roughly to my best knowledge of what I can remember from my first ever visit to a live poker tourney).

Now I started live tournies when I was like 20, I'm now 24, however I've judged per year I've only entered around 10-12 live tournies (terrible I know).

Out of all of these spanning over 4 years this is around 40-50 live tournies, out of all of these I've made FT around 12 times, cashed around 6/7 times and won only 1.

However this is what has intrigued me, having looked on how to calculate ROI out of all of the buy ins (usually spanning from £25-£35) my cashes add up to around £1200 and buy ins add up to £1400-£1500.

I understand I am a player who barely plays (too much work not enough poker unfortunately) but I do want to be more serious in poker. Judging over these 4 years of going to play "now and again" without any studying and still managed to win a tournament (field 45ish) all in all my ROI is 10% which is not too bad right?

I just wanted to share to see if this is good to see if I do properly study I could do miles better live?

Sorry for the long post and I appreciate the time you have all took to read and reply.

Oliver
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10-21-2017 , 10:15 AM
How do you have a 10% ROI is you lost money?
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10-21-2017 , 10:35 AM
Quote:
Originally Posted by Kelvis
How do you have a 10% ROI is you lost money?
I clearly calculated this wrong to I'm -10%?
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10-21-2017 , 11:46 AM
You're between -15% and -20%.
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10-22-2017 , 08:14 AM
Quote:
Originally Posted by Kelvis
You're between -15% and -20%.
Ok i get it now thanks definately need improvement and to play more tiurnies, came 10th out of 60 last night though but only broke even, learnt a fair bit in that tourney though
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10-24-2017 , 03:06 PM
Total collected - Total spent/Total Spent
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