OZmium Sports Betting and Horse Racing Forums

12th April 2005, 11:40 AM

Benny

Banned

Join Date: Jan 1970

Posts: 689

ROI

What is ROI and how do I calculate it?

Example if I have 64 bets for 15 winners and i had and tose winners rturned $84 for a porfit of $20. What would be the roi.

Benny

12th April 2005, 11:47 AM

La Mer

Member

Join Date: Jan 1970

Posts: 578

Quote:

Originally Posted by Benny

What is ROI and how do I calculate it?

Example if I have 64 bets for 15 winners and i had and those winners returned $84 for a porfit of $20. What would be the roi. Benny

31.25% i.e. 20/64. The number of winners don not affect the ROI, only your profit or loss counts.

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