Can someone explain how to work out roi.
Hugh taylor made 280 pts profit and his ROI was 1.4
How does that work.
If his stakes were 1000 pts and he made 280 pts profit why isnt his roi nearly 30%.
Hes successful,so why is the roi so low?
Can someone explain how to work out roi.
Hugh taylor made 280 pts profit and his ROI was 1.4
How does that work.
If his stakes were 1000 pts and he made 280 pts profit why isnt his roi nearly 30%.
Hes successful,so why is the roi so low?
Could it be he's simply rounded it up to 1 decimal place and expressed it where 1 = 100%, i.e. 1000 / 280 = 3.57. Add 1 (1.357) and then round to 1 dp (1.4) ?
That's an incorrect way of calculating ROI if he has.
ROI is 280/1000 = 0.28 (or 28%)
Last edited by wilsonl; 2nd October 2018 at 4:08 PM.
Alcohol, because no good story ever started with "I was eating this salad..."
They were approximate figures.
Someone mentioned it on my thread on another forum and i didnt understand roi.
On the other forum ive staked 800 pts approx.and im 200 pts up so what is my roi?
25%
200/800
Alcohol, because no good story ever started with "I was eating this salad..."
Thanks for that but im still confused over why hugh taylors roi is always around 1.4 when he makes over 200pts profit.
What forum do you post on outsider? ... impressive
ThanksOriginally Posted by Therightroad
This one.
Im under a different name on the other,but its been going 3 months longer.
It’s on the ATR website. The ROI of 1.44 quoted only makes sense to me if the investment was 639 points. Then 281/639 = 44%
But it’s an odd way to express the ROI
The monthly stakes and results are all there too but I can’t be arsed to check it all out.
Congrats BTW on your impressive returns Outsider
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