View Single Post
  #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