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Hello I'm new to poker and hear alot of people saying look on sharkscope my ROI is great I'm a pro lol.
I understand it stands for return on investment but what does that actually mean? how is it calculated? whats a good ROI?
I've been playing since 3rd of Jan and my ROI is 27% is that good?
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If the entry fee is = £1.10
If the winnings are = £19.00
£19.00 minus £1.10 divided by £1.10 x 100 = 1827% ROI (Return on Investment)
On the other Hand if you didn't Cash it would look like this:
If the entry fee is Entry = £1.10
If the winnings are = £0.00
£00.00 minus £1.10 divided by £1.10 x 100 = (-100%) ROI (Return on Investment)