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What is your ROI ?
Well, honestly I don't give it much chance to find any relevant data. But you miss 100% shots you never take, right?
My ROI in 2010 was somewhere around 25% on low five figure bankroll.
But in 2009 it was 100% on mid four figure bankroll.
2008 the same as 2009
2007 it was hundreds of % , but only on few hundreds, so it shouldn't mess up the stats.
Doing welcome bonuses, reloads, pure matched betting, sometimes pure gambling. (virtually no free cash offers)
Of course, turning a tenner into two tenners is much easier than turning thousand tenners into twice as much. Well, but that is very relative, depends how good you are at what you are doing.
It's quite impossible to say but I'd say it's between 11-20%. Occasional arbs bring it down.
Edit: I thought of this as the average return on investment per offer/arb that I make. The yearly ROI would be bigger.
Can someone clarify the I in ROI?
I think it should be the maximum amount of money at risk at any point in the year?
yes, the maximum... in my opinion. but.....
like: i have 1000 eur bankroll, but the 100eur I never touch.
well, someone would tell the 900 eur is the money I used, but someone could argue 1000 eur were used, because even those 100 eur were supposed to earn money, but they actually didn't.. I prefer that "I" as 1000, not 900, but then the ROI is quite lower, especially when you use only 10% of your bankroll. (now, what is bankroll? someone don't have unique bank account for AP)
hard to say maybe someone could really clarify it, who is more insider in this thing.
Don't be obsessed with the ROI thingy.
It is not scalable business.
I am doing only easier(ish) offers and am staying away from US side and low-value/high WR reloads (like deposit £1000 to get £150 with £20k WR)
My bankroll generates no less than 20% pure profit every month. But I am also cashing out every month so my "working" bankroll remains more or less the same.
300%-400% annual profit like a clockwork for the last couple of years.
If I had bigger bankroll my profit would not be bigger than it is now (in monetary value) as most of it would be on idle mode.
I have found out my bankroll "comfort" level and it is enough for me and my level of activity and matches my accounts limits and easier offers requirements.
I do have; in fact I have 2 dedicated bank accounts plus Moneybookers and Neteller.
Originally Posted by Sim
And I think most people do have separate bank accounts for AP.
ROI = Return on invest
Originally Posted by jimbobets
I never worried about this to be honest, infact i think its pointless to analize this based on ROI. My ROI current ROI is 1800 % for this year but this doesn´t tell us anything.
Much more important is how much EUR end up in MB every month.
Well yes, ROI is the not very important, that "how much EUR end up in MB every month" is better but who will start to share ?
ROI is important for those, who want to know how much is this business capable to generate.. but it has some limits of course, can not do arbs with millions on one math each week. betfair would accuse me of being match-fixing-mafia..
I make around £1k per month and my working float is about £10k. I also withdraw excess funds... even doing US bookies I don't often find myself short of float.
Here's a different question... how much have you wagered since you started? In the last 2 years (only been recording it for this long) I've placed wagers of £741k.