New Posts For Thread: ROI - correct please ?https://community.betfair.com/horse_racing/go/thread/view/94102/30882499/roi---correct-pleasei need to work out a ROI for the following two scenarios , think i have it but just want to make sure i am doing it right SCENARIO A i have a bank of £1000.00 one thousand pounds, i bet £10.00 per selection, i have made a total of 74 selections 44ROI is as Facts says. Not everybody uses a betting bank.However, a better guide to the success of a tipster/bettor is what I call profit over time.Someone might have a ROI of 50%, but only bets 5 times a year, but someone with a ROI of 10% bets 100 thttps://community.betfair.com/horse_racing/go/thread/view/94102/30882499/roi---correct-please?post_id=551977611#551977611ROI is as Facts says. Not everybody uses a betting bank.However, a better guide to the success of a tipster/bettor is what I call profit over time.Someone might have a ROI of 50%, but only bets 5 times a year, but someone with a ROI of 10% bets 100 tWed, 24 May 2017 03:34:27 -0500Nope. ROI is what it says - return on investment. Your stake is your outlay( investment), it's what is there to be potentially lost every time you bet.https://community.betfair.com/horse_racing/go/thread/view/94102/30882499/roi---correct-please?post_id=551977517#551977517Nope. ROI is what it says - return on investment. Your stake is your outlay( investment), it's what is there to be potentially lost every time you bet.Wed, 24 May 2017 03:01:45 -0500ROI is a term that has been adopted in the way that you describe but I would say technically it is not correct in that what you describe is a return on TURNOVER. ROI% would your profit divided by your bank * 100Having said that it seems that ROI hashttps://community.betfair.com/horse_racing/go/thread/view/94102/30882499/roi---correct-please?post_id=551975881#551975881ROI is a term that has been adopted in the way that you describe but I would say technically it is not correct in that what you describe is a return on TURNOVER. ROI% would your profit divided by your bank * 100Having said that it seems that ROI hasTue, 23 May 2017 14:49:44 -0500Unheard of in any month there I would have thought, enjoy.https://community.betfair.com/horse_racing/go/thread/view/94102/30882499/roi---correct-please?post_id=551974079#551974079Unheard of in any month there I would have thought, enjoy.Tue, 23 May 2017 09:53:15 -0500Afternoon striding, all well thanks, hope it is the same for you....am enjoying what appears to be our one week of summer, five good dry days in a row, almost unheard of here in May, leads me to believe Jun/Jul/Aug won't be much cop, roll on Septembehttps://community.betfair.com/horse_racing/go/thread/view/94102/30882499/roi---correct-please?post_id=551974033#551974033Afternoon striding, all well thanks, hope it is the same for you....am enjoying what appears to be our one week of summer, five good dry days in a row, almost unheard of here in May, leads me to believe Jun/Jul/Aug won't be much cop, roll on SeptembeTue, 23 May 2017 09:48:35 -0500Hi there Cork, hope you are wellhttps://community.betfair.com/horse_racing/go/thread/view/94102/30882499/roi---correct-please?post_id=551973965#551973965Hi there Cork, hope you are wellTue, 23 May 2017 09:40:24 -0500https://community.betfair.com/horse_racing/go/thread/view/94102/30882499/roi---correct-please?post_id=551973949#551973949Tue, 23 May 2017 09:37:41 -0500profit margins of around 10% are not to be sniffed at eitherhttps://community.betfair.com/horse_racing/go/thread/view/94102/30882499/roi---correct-please?post_id=551973945#551973945profit margins of around 10% are not to be sniffed at eitherTue, 23 May 2017 09:36:47 -0500that .01 not to be sniffed athttps://community.betfair.com/horse_racing/go/thread/view/94102/30882499/roi---correct-please?post_id=551973919#551973919that .01 not to be sniffed atTue, 23 May 2017 09:31:32 -0500Stridey splitting hairshttps://community.betfair.com/horse_racing/go/thread/view/94102/30882499/roi---correct-please?post_id=551973903#551973903Stridey splitting hairsTue, 23 May 2017 09:29:49 -0500