Well, your chance of improving your "ROI" just went up as I saw Elliott will be in net for Calgary tonight. Believe they are 0-8 in the L8 games in which he appeared. That's enough to add them to my list. GL
All my lines are projected based on information who is in the net. The goalie plays the big part in my analysis. All my projected lines are updated on my personal site during the day depends who is in the net. And when I get the latest information who will be in the net, projected line changes and the value as well.
So, you mention ROI and I will explain, why ROI is not that thing, that most people think that it is. Of course we can make definition on those words as we want, but if we take real definition of ROI:
Return on Investment (ROI) is the benefit to an investor resulting from an investment of some resource.
Return on investment = (gain from investment – cost of investment) / cost of investment
So, let's say you have $10.000 and you have 3 options, what will you do with that money:
1. Buy a car
2. Travel
3. Invest in sports betting
So, you decided, that you will invest in sports betting and you have decide, that you will lock your money for one year. This is you investment money. Right?
If we are more precise, there will be some fees with bookmakers and so on, but let's keep the things simple, so that people will se that ROI is totally different than yield, which is shown as ROI.
So, you lock (invest) your $10.000 for one year. Let's say you play 2 games per day and you play whole 365 days on each game by $100. At the end of the year you made +$6000 and your money is now $16.000. Your return on your investment of your $10.000 is +60% or if you like:
Return on investment = (gain from investment – cost of investment) / cost of investment
Return on investment = ($16.000 - $10.000)/$10.000 = 60%
On other side yield is something different.
Yield shows us how much profit you make based on hoch you risk/overturn or whatever you like...
Yield = Profit / Total money risked
Yield = $6000 / (2*100*365) = 8.22%
It tells us, that you will make in average +$8.22 when you risk $100
So, why is this important to show?
First because when you calculate the yield you could have unlimited bankroll, which is unrealistic of course. With ROI (the correct one) you will also show how you set your money management. If your basic unit is high % of you starting bankroll, then your ROI could be very big. But on other side you can be without your bankroll after bad streak if you have big % for your basic unit.
Almost nobody shows both two numbers, because most people don't even understand the difference.
The second thing I want to say right now, because i am writing already
is tracking the record on forums.
If you don't show at least those 4 things:
STARTING BANKROLL
PROFIT
YIELD
TOTAL PICKS
you should not even show your record, because showing record in this type (W - L -P) of format, especially in NHL and MLB forums (where most plays are ML) is useless and it doesn't say anything.
Why you should show those info ?
STARTING BANKROLL - With this information we can see how big is your unit and if it si realistic
PROFIT - this is why we bet. Money!
YIELD - shows how good you are
TOTAL PICKS - Yield can vary and jump especially when you have low number of picks. But if you have yield of 10% on more than let's say 300 picks, you are doing very well. More picks ,big yield = very good.
The next question:
Let's say you come to NHL forum and you decided that you will follow someone. You see two guys and their records:
Guy A: 145-130-20
Guy B: 130-135-15
Who is better? Who will you follow?
You don't know. Because they didn't show all the details. Guy A can be very bad handicapper and can have red numbers. On other side Guy B can have very good record and a very good season.
How?
Guy A plays odds of -200
Guy B plays odds of +130 or more
(This is very simple explanation)
So, that's it.
Oh, yes. I wouldn't play Arizona if Calgary would start with Johnson. :tiphat:
