The ROI is the Return on Investment that a person receives in a given time. This is calculated to know if money has been earned, the percentage of this, or if the budget has been lost.
Understanding what ROI in betting is, therefore, is very simple. Basically, it is a calculation to know if you have won money betting. In case of a negative answer, you should adjust your strategy.
Even if you don’t care too much about making an incredible profit from betting, you should still calculate the ROI of your betting. This way you will know if you are losing more money than you could afford.
WHAT IS YIELD IN BETTING?
Yield in betting is the profit or loss ratio for the total capital invested in the betting. In short, the total amount of capital invested means the total of your bets for a particular given period.
HOW TO CALCULATE ROI IN BETTING?
Learning how to calculate ROI in betting is very simple. The first thing you should do is see how much money you have made betting. Basically, you subtract the amount wagered from the money earned.
Once this is done, divide your net earnings by the amount invested. ROI is typically calculated per year, but you are free to consider any specific time period.
THE ROI FORMULA IS:
Net profit from your bets / Investment made within a given period
As you can see, the formula is very simple. Obviously, in order to do it correctly, you will need to keep track of how much money you bet.