@Thatdude12123@Amonahan 500/ 900 = 55 is where you went wrong
$900 is NOT your total revenue. Total returns and winning is $1000 minus $100 you put up. But the biggest thing here is. when it comes to ROI you compare profits to the total amount risked..
@ILikeFootball07@Amonahan ROI=\frac{10000}{10000}=100%
This is the formula that youβre missingβ¦ your math only makes sense if they were talking about:
buying something for $500 and selling for $900, or using a completely different denominator.
You forgot that he asked for a long-term. (ROI)
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