#1
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SNG Startegy 2 - The Low Budget Pro
This post isn't about the strategy of SNG play, but rather the argument for playing SNGs as a way to make money.
Let's start with this simple concept, Hourly rate > ROI. This fact is why most SNG pros play turbos, and why I ultimately will, too. A 9 person SNG ('Stars structure) typically finishes early in level 8 (200/400/a25). Regular structure that means about 75 minutes. Turbo that means 42 minutes. Thus if you 8-table $55 + 5 turbos, an 8 hour workday comes out to 9 sets of 8 or 72 per day. That's with an hour lunch and 2 20 minute breaks. 72 * $60 = $4,320. If you maintain a 12% ROI that's $518.40 profit per day. That's $2,592 per week or $124,416.00 per year assuming a 48 work week year. Assuming a 30 game bankroll to start, that's a nice yearly return on an $1,800.00 stake.
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"Animals die, friends die, and I shall die. But the one thing that will never die is the reputation I leave behind." Old Norse adage |
#2
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I love poker math.
Question from a guy who doesn't play SNGs: Why stop at $55 SNGs? If you were to play $110s and your ROI dropped from 12% to 7%, you'd still come out ahead, right? So, at what buy in do you draw the line to maximize: (Buy IN * ROI) |
#3
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I haven't thought that far ahead.
Seriously, the main point of that was SNGs provide an opportunity to play professionally starting with a short bankroll. Personally, I'm a long way from 8-tabling, but with basic nitty SNG early game strategy, 4-tabling is a lot easier for me than in cash games, so who knows. It's a work in progress.
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"Animals die, friends die, and I shall die. But the one thing that will never die is the reputation I leave behind." Old Norse adage |
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