day 66 Monday 18/8/14 £3 W 0 +£0.00 L 4 -£13.20 --------- -£13.20 £2 W 15 +£26.25 L 18 -£40.50 ----------- -£14.25 LOST £27.45 B/R £191.74 PTS £5.43 whoooops. got off to a bad start, can usually grind it back but things didn't go my way tonight. first really bad session so no complaints, i've run pretty well so far, and i know the dangers so i'll get over it by tomorrow. it could have been worse has i been stubborn & continued with the £3 games, so at least i'm happy with my discipline shown there. the £2's were a struggle too, but managed to keep the loss to about the minimum i could have hoped for, as i managed to at least win a few towards the end of the night. i'll check in a mo, probably puts me back about a week or so.(10 days in fact 8/8/14 £191.xx)... no worries though as i know i'll get it back. it's not going to be my last big loss on this journey so i'll live with it. maybe a 'stop loss' plan could be introduced so this doesn't happen again, i'll have to give that some more thought. anyway... I'm still up by £151.74 from my original £40, so it's not so bad when you look at the big picture, is it. Posted by devonfish5
Well at least you've had the balls to post up your loss. Believe it not, over my last 1500 game sample I've just hit 14% + av ROI playing the exact same games you are playing in your challenge. So if you want some fresh advice on how to play them, just come and find me. Run well..
In Response to Re: £40 to £1,040.... dev's 2nd DYM challenge....(current b/r £219.19).... includes sky bets & freeroll winnings .. oh, & c4p too : Well at least you've had the balls to post up your loss. Believe it not, over my last 1500 game sample I've just hit 14% + av ROI playing the exact same games you are playing in your challenge. So if you want some fresh advice on how to play them, just come and find me. Run well.. Posted by thefa1lacy
thanks mate,
always post results good & bad.
just a bad night at the office last night, think we've all been there
you're doing well, no idea what my roi is, don't know how i work it out?
anyway, today's another day so i'm sure i'll be playing sometime.
i had a £129 losing session one night on my last challenge so £27 not's so bad... if you say it quick enough anyway
In Response to Re: £40 to £1,040.... dev's 2nd DYM challenge....(current b/r £219.19).... includes sky bets & freeroll winnings .. oh, & c4p too : thanks mate, always post results good & bad. just a bad night at the office last night, think we've all been there you're doing well, no idea what my roi is, don't know how i work it out? anyway, today's another day so i'm sure i'll be playing sometime. i had a £129 losing session one night on my last challenge so £27 not's so bad... if you say it quick enough anyway run good, dev Posted by devonfish5
ROI is your actual winnings from a game div by the buy in and fee *100. You then get your returns for all games played at a single level. Your average ROI would then be all your ROI's from each level you've played but averaged out.
In Response to Re: £40 to £1,040.... dev's 2nd DYM challenge....(current b/r £219.19).... includes sky bets & freeroll winnings .. oh, & c4p too : ROI is your actual winnings from a game div by the buy in and fee *100. You then get your returns for all games played at a single level. Your average ROI would then be all your ROI's from each level you've played but averaged out. Posted by thefa1lacy
thanks mate...
so say i played 10 x £1 games won 7 lost 3 so is that 7 x 85p winnings = £5.95 div by 10 buy-ins = 10 x £1.15 = £11.50
so 5.95 div by 11.50 = 0.517 x 100 = 51.7% roi? that doesn't seem right does it?
ps; or is it... 7 x £2.00 = £14 div by £11.50 = 1.21 x 100 = 121% roi ?
In Response to Re: £40 to £1,040.... dev's 2nd DYM challenge....(current b/r £219.19).... includes sky bets & freeroll winnings .. oh, & c4p too : thanks mate... so say i played 10 x £1 games won 7 lost 3 so is that 7 x 85p winnings = £5.95 div by 10 buy-ins = 10 x £1.15 = £11.50 so 5.95 div by 11.50 = 0.517 x 100 = 51.7% roi? that doesn't seem right does it? ps; or is it... 7 x £2.00 = £14 div by £11.50 = 1.21 x 100 = 121% roi ? Posted by devonfish5
Yeah the top one is right. But then that is a very small sample. In your example your talking about winning 70% of games, so the return on investment is gonna be very high.
ROI is short for "return on investment." This is a poker term that is used to measure the profitability of one's play in poker tournaments. ROI is calculated as (100 * total profit/total buy-in). Thus, if one received a prize of $150 in a tournament with a buy-in of $100+$9, one's ROI is calculated as 100 * $41/$109= 37.61%.
Looking at in very simple terms, if you invest £11.50 and make £5.95, even off the top of your head you can see you've made around a 50% return. Because you basically invested £12 and more or less made £6..
In Response to Re: £40 to £1,040.... dev's 2nd DYM challenge....(current b/r £219.19).... includes sky bets & freeroll winnings .. oh, & c4p too : Yeah the top one is right. But then that is a very small sample. In your example your talking about winning 70% of games, so the return on investment is gonna be very high. ROI is short for "return on investment." This is a poker term that is used to measure the profitability of one's play in poker tournaments. ROI is calculated as (100 * total profit/total buy-in). Thus, if one received a prize of $150 in a tournament with a buy-in of $100+$9, one's ROI is calculated as 100 * $41/$109= 37.61%. Posted by thefa1lacy
If you played 10 £1 dyms your investment is £11.50. If you won 7 you had winnings of £14. So your profit (return) is is £2.5. £2.5 divided by £11.50 = 21.7% roi Posted by jdsallstar
bit of an experiment. watercolor but done by soaking the paper thouroughly for about 5 mins in sink, so soaking wet on both sides, then i applied the paint with a brush & using diluted paints from plastic spray bottles also in places, applied the paint on the back of what is now the viewing side, so in effect no paint was added from the front, it all soaked through from the back giving this mottled blending marble effect, which i then let dry & added the ink drawing afterwards.
I will try this again soon & next time will paint in the subjects I choose thus making it a proper painting.
shame i can't get it bigger for you to see as it really does look better the bigger you see it, but I hope you like what little you can see from here anyway...
WOW...
This painting has just been featured in this weeks 'top 5' on my PMP (paint my painting) site that I belong to.
this is my first time & maybe only time of achieving this, so I'm obviously delighted.
it basically means the painting will be on view on the homepage for the next 24 hours, rather than the normal hour or so you normally get before it slides off the page and on to page 2 and into obscurity.
Can't believe it!!!
to give you some idea of how many paintings get posted, the site has over 15,000 members worldwide, some professional artists too, so it's quite a few anyway.
Great picture Dev Are you able to put pictures up for commission on the site you use? Posted by hagisboy
Thanks mate,
I'm not sure about that mate. you could join the site, which is free, post up any photo you wanted & leave a message asking if anyone would paint it as a commision for you, if that's what you wanted.
I'll find out for you though just to make sure we're not breaking any rules, but i don't see why it couldn't be done.
i know many artists there do do commisions for friends, etc, so I'll get on it & get back to you.
have you a picture in mind yourself or is it just a general question?
edit[ i've made a few unoficial enquiries, & was told you could post up the photo, with a view to possibly buying the painting but it's only another newish members view.
i'm waiting for a rules confirmation either way.
edit[ or have i got it wrong, & you want to know if you can upload photo's yourself with a view to receiving a fee for artists wanting to paint them?
in which case that answer is no, all photo's are posted for free, for artists to paint & sell their work should they wish, free of charge.
Nice painting!! Going back to ROI, anyone have any idea what I put into a spreadsheet if I have the columns played won if I wanna know how much I have paid, won and ROI % Posted by MrWh1te
Many thanks,
sorry my friend I have no idea.
i'm sure someone will be able to advise you though.
might be worth asking as a question in a new post... just a thought.
Great picture Dev Are you able to put pictures up for commission on the site you use? Posted by hagisboy
had a chat with a founder site member & friend of mine about this.
yes, you could but she said the best way would be for you to join the site, which is free, then either post her or myself the picture you would like painted, i'm assuming this is what you are asking about, then she would be able to find you a suitable artist/artists that could paint it, and send you details re, prices etc etc.
In Response to Re: £40 to £1,040.... dev's 2nd DYM challenge....(current b/r £197.04)...NEW AWARD WINNING PAINTING POSTED 20/8/14 : had a chat with a founder site member & friend of mine about this. yes, you could but she said the best way would be for you to join the site, which is free, then either post her or myself the picture you would like painted, i'm assuming this is what you are asking about, then she would be able to find you a suitable artist/artists that could paint it, and send you details re, prices etc etc. hope that is of some help, dev get back to me if you need any more help/advice. Posted by devonfish5
Hi Dev
Thanks for going to the effort for finding out, but it wasnt really what I meant.
I was just thinking that you could put some of your pictures up for sale on the site if you were allowed!!
In Response to Re: £40 to £1,040.... dev's 2nd DYM challenge....(current b/r £197.04)...NEW AWARD WINNING PAINTING POSTED 20/8/14 : Hi Dev Thanks for going to the effort for finding out, but it wasnt really what I meant. I was just thinking that you could put some of your pictures up for sale on the site if you were allowed!! Posted by hagisboy
ok mate,
I've not seen that on this site, so i'm guessing it's not allowed, there are quite a few rules & regulations here, but i know artists here do sell their paintings either through their own web sites or through other means, galleries etc.
maybe one day i might sell some of my paintings, but at the moment it's just fun & they would also need to improve before i could/would even think about doing so.
still proceeding with caution, as any big losing sessions are potentially always just around the corner, especially now i'm playing the £3 level more often.
will drop the £1 games at the end of this month, provided b/r is over £200.
happy with my progress, maybe could play more games each session but little wins still add up as i am showing.
i'm sure as b/r grows then i will play more £3 games. once i am over £300 then i'll feel so much more comfortable & will be able to comfortably take the big £30+ losses which will inevitably come, along with the £30+ wins too,. hopefully
still think this could be over by xmas, if nor even earlier, once i get cracking on the £3 games extensively.
still keeping it to a max 4- 6 tables, which i hope to continue throughout this journey.
ran as bad as bad can be, so really happy losing just the £1.15 tonight.
even if i had lost the 3rd £3 game i was thinking of calling it a night & facing a £7+ defeat, remembering my last £27 losing session, where i just got stubborn & wouldn't give up.
Comments
Going back to ROI, anyone have any idea what I put into a spreadsheet if I have the columns
played
won
if I wanna know how much I have paid, won and ROI %