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Topic: Duelbits.com | Bonus Buy Bonanza ~$600 up for grabs! | 5 Day Event (Read 245 times)

legendary
Activity: 3038
Merit: 6194
Meh.
Congratulations to:

roycilik with a 18.39x!
Bitinity with a 15.77x!

Well done to all, this was super close and anyones race really, If you liked this one I'm open to any suggestions that would make you join the following ones too Smiley

Thanks for playing and I'll catch you next time!
member
Activity: 893
Merit: 43
Random coins :)
ROI is measured as a percentage or dollar?
Percentage Roll Eyes



snip

then your ROI is 100% or 2x.
Ah yeah, this might be true
I'm quite confused if it should be 200% or 100%... I think it should be 200% since we got 200% of the initial investment. $20 is 100% if the initial investment was $20, if we won $40, then that should be 200% return of investment. Am I right?  Undecided
FORMULA


Our solution to find ROI from initial investment of $20 if we won $40 making it $60 bankroll would be

ROI=40/20 * 100%=200%

But if initial investment was $20 and won an extra $20 growing our bank roll to $40 the ROI would be:

ROI=20/20 * 100%=100%


sr. member
Activity: 1764
Merit: 260
User ID: 896ba3e4-c854-555c-a2ba-8f4738700b38


then your ROI is 100% or 2x.
Ah yeah, this might be true
I'm quite confused if it should be 200% or 100%... I think it should be 200% since we got 200% of the initial investment. $20 is 100% if the initial investment was $20, if we won $40, then that should be 200% return of investment. Am I right?  Undecided
legendary
Activity: 3066
Merit: 1312
bitinity
UserID: 458a93bb-35f9-5467-8117-cb7a716c9364
legendary
Activity: 2618
Merit: 1990
1% Skill 99% Luck :v
then your ROI is 100% or 2x.
Ah yeah, this might be true
member
Activity: 676
Merit: 19
70675e3a-bd08-5e8d-8eb6-239d86dcb389
member
Activity: 676
Merit: 19
ROI is measured as a percentage or dollar?
sr. member
Activity: 1764
Merit: 260
what is ROI?
Return Of Investment.
The percentage you got from what you invested.
For instance, you bought a feature costs $20, if you got a total win of $40 from that buy, then your ROI is 100% or 2x.
legendary
Activity: 2618
Merit: 1990
1% Skill 99% Luck :v
@japones When you did buy a bonus of $100, then you hit $150, so your ROI is $50
You can define ROI as profit
member
Activity: 676
Merit: 19
legendary
Activity: 2618
Merit: 1990
1% Skill 99% Luck :v
Username: WedeTeros
jr. member
Activity: 1204
Merit: 6
User ID: d39f9d02-7485-5d17-80cf-2a77071548c1
legendary
Activity: 3038
Merit: 6194
Meh.
legendary
Activity: 3038
Merit: 6194
Meh.
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