Is ROI wrongly used?

• Bronze
Joined: 13.03.2009
I've been thinking a lot from my experience lately. I'm thinking ROI is no holy grail of stats, actually the right stat would be ROI per hour or something like that.

I say this because, some examples :

You went into a table with \$10, you came out after 20 minutes with \$15

You went into a table with \$10, you came out after 1 hour with \$15.

Same ROI. Totally different REAL profit IMO (if you value your time and effort)

Another example, this one which made me modify the tables and tournaments I was playing :

You buyin into tourney with \$ 10, you came out with \$15 after 4 hours.
You play a table with \$10, come out with \$15 after 30 minutes.
Or even : you on 5 tables with \$2, come out with \$3 each after 1 hour.

Same ROI, but very different situations

I don't have the exact words, but see what I'm getting to? Is common ROI not that useful of a stat for measuring your effort vs. profit per time played?

Any opinions? Is there any program that actually does this?
• 5 replies
• Bronze
Joined: 16.03.2009
Thats why people use \$/Hour. But it is not that easy to calculate. ROI is more discrete attribute.

You cannot calculate ROI for the cash tables.. Thats why for cash tables people use bb/BB per 100 hands.
In your example the number of hands is different after 20 minutes and 1 hours.

ROI is used for tournaments because it is easy to calculate it there. ROI = Return of investment. lets say you pay 1000\$ in tournament fees, and after playing them you have 1100\$. That would be 10% ROI.

ROI for tournaments / bb@100hands are the best attribute to estimate if you are a loosing or winning player in a long term.
• Bronze
Joined: 13.03.2009
Yes, but that is exactly what I mean. I guess what I'm trying to do is find some equivalence between ROI for tourneys and bb/100 for cash tables, since I play both, to try to determine where I should concentrate.
• Silver
Joined: 18.03.2008
Originally posted by zamoda
\$/Hour
• Bronze
Joined: 24.04.2009
Originally posted by ihufa
Originally posted by zamoda
\$/Hour

No troll comment? I is dissapointed.
• Bronze
Joined: 10.11.2009
Originally posted by alenstrat
Yes, but that is exactly what I mean. I guess what I'm trying to do is find some equivalence between ROI for tourneys and bb/100 for cash tables, since I play both, to try to determine where I should concentrate.
That depends on the limits you are playing. But I would say for a beginning that everything above 0 is a good start..