Quote:
Originally Posted by raybo
If one is talking about return on "initial" investment, then you're talking about something totally different. You would be talking about "growth" or "gain", of initial bankroll, not ROI.
I had that discussion way back in 2004, I think, after I turned a $400 bankroll into over a $7700 bankroll in 2 months time, without depositing any further amounts into the bankroll.
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I tried explaining that to wunderdog.com sports tout he was misleading people saying his bankroll growth was roi because while he might have started with a 10k bankroll thats now23k or whatever, its not roi because he didnt just bet 10k he bet 110$ or 220$ hundreds of times a year for several years
Appears he finally changed his ad image to "bankroll growth" vs "roi"