Friday, July 28, 2017

Non-cash ROI

One of the great features of all non-cash poker styles is that it's dead simple to calculate your return on investment. There's a clearly defined bucket of how much you made in profit, and another clearly defined bucket of how much you wagered. Perform a simple division, and hey presto, you're done. I've never come up with a satisfactory method for calculating the ROI in a cash game. There's more than one way to do it, and each has its own advantages and disadvantages. Fortunately, I never have to decide which way is the best, since I don't intend to play any more cash games - ever :-)

That this year is a true outlier for me is starkly revealed by my non-cash ROI, broken out by year:

     roi       profit      wagered    year

 5.1077%   $1,168,090   $22,869,080   2012
 4.3470%     $591,850   $13,615,000   2014
 7.2150%   $1,763,842   $24,447,000   2015
 2.2203%     $931,902   $41,971,200   2016
45.7396%  $13,470,325   $29,450,000   2017


I'm on track to wager more than 50 million play dollars this year, and to make a profit of over 23 play million.

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9    82      71   15    27        0
MTT-R NLHE    43500  6500       9    40      61   15    28        0


delta: $-350,000
MTT with rebuys NLHE balance: $12,396,000
2017 balance: $13,470,325
balance: $24,888,155

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