ROI Meaning – The Best Way to Keep Score of Your Sports Betting Success
ROI is a popular sports betting acronym that stands for Return on investment. This is a common way of keeping score in sports betting and other gambling activities.
The percentage that your profits make of your overall bets made represents the ROI. In other words, it gives you an insight into how much money you can get from a particular bet.
For example, if you want to bet $100 on the home team in a Premier League game between Liverpool (1.8) and Arsenal (3.8), here’s how to calculate the ROI.
In this case, if Liverpool wins, you would get $180 and a profit of $80. This means that you get an ROI of 80% for this bet.