Archive for the ‘Single table SNGs - NL Hold'em’ Category

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

February 3, 2008

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.

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

February 2, 2008

It’s been a whiel since I playd SNGs (at least 2 months) and I’m feeling a little rusty. So I’ll restart at the lowest levels just for fun, to see how I’m doing. I’ll set aside $100 for the test and use the 2 + 2 SNG spreadsheet to track my results. If you ain’t familiar with it, it’s just an MS excel spreadsheet where you can enter your results and it will calculate everything from hourly rate to bankroll requirements for you.

I’ll prlbeby do the test on pokerstars since I like the structure of SNGS there. Also, the lower limit SNGs starts all the time so you can easily multi table as many as you want.

I’ll start at the $3.40 turbos despite the higher variance and lower ROI. When I first started I was only playing regular SNGs and I recommend that to anyone who’s not familiar with SNG end game play.

So here goes…