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100 £10 DYM Challenge
You have invested 30 x £11.00 = £330.00
27.5% ROI on £330.00 invested gives a profit of £90.75, so you have turned £330.00 into £330.00 + £90.75 = £420.75
The 75p is probably a rounding error, so we'll call it £420.00.
Each time you cash you win £20, so you have cashed 21 times (21 x £20 = £420)
21 out of 30 means you've cashed 70% of the times you've played (21/30 x 100%)
That's great results over this small sample, very well played. Enjoy the heater while it lasts, a 70% cashing percentage is impossible to maintain in the long run no matter how good you are.
27.5% ROI on £330.00 invested gives a profit of £90.75, so you have turned £330.00 into £330.00 + £90.75 = £420.75
The 75p is probably a rounding error, so we'll call it £420.00.
Each time you cash you win £20, so you have cashed 21 times (21 x £20 = £420)
21 out of 30 means you've cashed 70% of the times you've played (21/30 x 100%)
That's great results over this small sample, very well played. Enjoy the heater while it lasts, a 70% cashing percentage is impossible to maintain in the long run no matter how good you are.
Comments
hi sp..
it depends on whether your buy-ins vary. if they don't, you've probably won 21 of your 30 games, or in other words, in 70% of the DYMs you played you doubled your money.
In the case of 1,000 x £11 DYMs if you cashed 600 times you'd see a return of 60 x £20 = £1,200 from £1,100 invested, a profit of £100, That's an ROI of 9%.
On high volumes like that Rewards earnings become important. As I understand it the high-volume DYM grinders earn more profit from the Rewards sceme than they win at the tables.
The trick is to find the right balance, you need find the optimal number of tables for you where the extra gain from Rewards outweighs what you lose from your ROI. Good luck, the £11 games are quite tough to beat over a big sample.
My fail, I did the maths on 100 games, not 1,000.
Essentially a 60% win-rate in £11 DYMs gives a profit of £1 per game entered, and an ROI of 9%. Multiply accordingly for whatever sample size you choose. Good luck.
but good luck!!!!!!!
You're doing well Spinky!