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what is my ROI on overlay event

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01-30-2019 , 02:17 AM

heikkie

grinder

Join Date: Apr 2015 Posts: 453

I play in daily tournaments on weekday which every day the tournaments cannot reach its guarantee.
Prize pool constantly fall 30% short of the guarantee, the house always honor the guarantee.
with 200 samples my ROI is 60% in this event (including the 30% overlay paid by the house)
what is my ROI look like if there is no overlay? Assuming players' skill level remain unchanged.

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02-01-2019 , 10:47 AM

Yoshi63

old hand

Join Date: Jan 2007 Posts: 1,940

60% roi means you're cashing out $1.6 for every $1 you buy in. If they didn't pay the overlay, you'd only be cashing out 70% of what you are currently. So, 0.7 times 1.6 = 1.12. Your non-overlay ROI would be +12%.

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02-12-2019 , 10:09 AM

heikkie

grinder

Join Date: Apr 2015 Posts: 453

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Originally Posted by Yoshi63

thanks....
I was not doing as well as I thought!

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