In poker, return on investment (ROI) is a measure of how much profit you earn relative to the amount of money you invest in the game. It’s a simple concept, but it’s an important one. There are a few different ways to calculate ROI, but the most common is to take your total profit from the game and divide it by your total investment. So, if you invest $100 in a game and make $200 in profit, your ROI would be 2.0. There are a number of reasons why ROI is important. Here are four of the most important:
ROI Helps You Evaluate Your Performance
ROI is a great way to track your progress and evaluate your performance over time. If you’re consistently earning a high ROI, it’s a good sign that you’re playing well and care about your poker win rate. Conversely, if your ROI is low or declining, it’s a sign that you need to make some changes to your game. If you find your ROI dropping, you probably need to consider tweaking your game or spending time more studying the important concepts.
ROI Helps You Manage Your Bankroll
Your bankroll is the amount of money you have set aside to play poker with. It’s important to manage your bankroll carefully, and ROI can help you do that. If you know your ROI, you can set aside a certain amount of money for each session that you’re comfortable losing based on your ROI. For example, if your ROI is 2.0, you can afford to lose $50 for every $100 that you invest.
ROI Helps You Find the Right Games
Not all poker games are created equal. Some games will be much more profitable than others. ROI can help you find the games that are the most profitable for you and avoid the ones that are costing you money. Anyone who cares about maximising their ROI will be looking for softer sites to maintain a decent win rate. Once you’re measuring your ROI, you too will care more about the games you play in.
ROI Helps You Make Better Decisions
ROI can also help you make better decisions at the poker table. If you know your ROI, you can make more informed decisions about how much to bet, when to fold, and so on. In short, ROI is a important tool for any serious poker player. If you’re not tracking your ROI, you should be.
Clearly, ROI is an important aspect to the long-term success of any poker player. A player can win without measuring ROI but they will be missing out on evaluating their game, managing their bankroll, finding the best games and making the best decisions. Therefore, we urge our readers to start measuring their ROI in the future.
Image Source: Unsplash