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  #1  
Old 09-24-07, 08:18 PM
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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.
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Old 09-24-07, 09:39 PM
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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)
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  #3  
Old 09-24-07, 10:05 PM
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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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