The TalkingPoker.com Forum  

Go Back   The TalkingPoker.com Forum > All Things Poker > General Poker Discussion
Register Blogs Arcade HH Converter Calendar

Closed Thread
 
Thread Tools Display Modes
  #1  
Old 09-24-07, 08:18 PM
Kurn's Avatar
Kurn Kurn is offline
cha'DIch of the Poker Gods
 
Join Date: Feb 2005
Location: Warwick, RI
Posts: 3,584
Kurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep Points
Default 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.
__________________
"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  
Old 09-24-07, 09:39 PM
Talking Poker's Avatar
Talking Poker Talking Poker is offline
Adminimus Maximus
 
Join Date: Oct 2004
Location: Florida Coast
Posts: 27,480
Talking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep Points
Default

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)
__________________

Got RakeBack?
27% at Full Tilt | 33% at Cake Poker | 30% at Carbon Poker
  #3  
Old 09-24-07, 10:05 PM
Kurn's Avatar
Kurn Kurn is offline
cha'DIch of the Poker Gods
 
Join Date: Feb 2005
Location: Warwick, RI
Posts: 3,584
Kurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep PointsKurn User has between 2000 and 2499 Rep Points
Default

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.
__________________
"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
Closed Thread


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 07:25 PM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
©2004-2008 TalkingPoker.com