Roi....

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Can someone give me the formula for ROI??

(gain-cost)
----------------
cost


so say on saturday ...bet is 110/100...winner
then sunday the bet is 220/200...winner


do you keep adding up the amount bet ?

im plugging in a wrong number somewhere.
 

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Can someone give me the formula for ROI??

(gain-cost)
----------------
cost


so say on saturday ...bet is 110/100...winner
then sunday the bet is 220/200...winner


do you keep adding up the amount bet ?

im plugging in a wrong number somewhere.

Total amount won / total amount bet. In your example, it would be 300/330 for an ROI of 91%
 

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thanks dt32....so i guess over the course of a season, you keep adding the amount wagered up.
 

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yup, let's say through the course of a season you've risked (invested) a total of $50,000 and have won a net of $5,000 you'll have a ROI of 10%. I'm not sure what some people think is a good roi in our hobby, guessing most would be super happy with 5%.
 

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