Turning $100 into $500 playing micro and low limit SNGs – Update

Got the $100 up to $154 yesterday.

Playd 18 $3 SNGs before I decided to play over my bankroll for a bit, cause it was just going to slow, even for me lol.

I playd a few $6 turbos and got lucky.

Here’s the results in a bit more detail

$3 10 handed
Playd 18
Total profit: $10.80
ROI: 17.6%

$3610 handed
Playd 9
Total profit: $44.05
ROI: 75%

Note: The results on the $6 will drop, I don’t expect to keep an ROI like this. My expectation is that I’ll end up at 15-20% ROI

If you odn’t know what ROI is, well it’s short for return on investment. I’ll use my $3 SNGs as an example:

I playd 18 $3.40 SNGs.
18 times $3.40 = $61.2
My total winngs was $62.2
this means I win Something arund $0.60 per SNG an average. So each time we invest $3.40 we get $4 back. Now we just take $0.6/$3.40 = 0.176. That’s our return on investment.

I’ll probebly keep doing the $6s for a while. If I go into a downswing I’ll see the test as a fail.

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Tags: Bankroll building, Bankroll management, ROI, SNGs