View Full Version : My Step Challenge!!!
theordinaryboy
03-12-2005, 01:51 PM
I decided to have a proper go at the party steps and allocated myself just over $600.
I planned to play all the step 1's first and then step 2's etc. etc.
Anyway i've nearly finished the step 1's and have the following stats (top 2 go through)
1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th
7 10 7 6 7 4 2 5 2 1
Any opinions on these stats (i understand the sample is small ), or more importantly my style of playing the steps.
thanks
cant get the gaps in between the stats but they go from left to right 1st to 10th.
Jman28
03-12-2005, 01:54 PM
You realize that you're probably gonna just lose $600, right?
It's a fun gamble, but I would not do this if $600 is significant to you.
In the time it takes to play all those STEPS, you could make a decent amount of cash just playing regular SNGs.
-Jman28
skipperbob
03-12-2005, 01:59 PM
Since I know nothing about your skill level, the following response will lack good background; however, for my $$$$ a better approach with $600 +/- bankroll would be 10 S-2's. Any 10 SnG's is not a relevant sample, so I don't think you can deduce much from the outcome....However, you have secured 17 S-2's for the $$$$ I woulda gotten 10 so you're way ahead of my advice....To repeat a statement I have made frequently on this Board, the S-3's & S-4's are easier than the 2's &1's because of the payout structure....G/L
ChrisCo
03-12-2005, 01:59 PM
I used this strategy with setting aside a bankroll for step 1's and it has been very profitable so far. I was able to take second in my 1st step 5 and made it to 2 other step 4s but got bubbled on both to miss 2 more step 5 seats. I have put in about $500 and came back with a score of $2500.
theordinaryboy
03-12-2005, 02:00 PM
it is more of an experiment really i do not take $600 lightly but it is not a massive chunk of my available bankroll.
I wanted to play the steps but dont wanna just get one step five and bust out and have to do it all over again.
Also what do you think about starting at a higher level? Im winning freerolls at about 33% at the moment to step 2 which is $36 compared to $55 is that $20 odd worth the extra time the step 1's take ???
theordinaryboy
03-12-2005, 02:04 PM
skipperbob are you implying that if you have the sufficient bankroll to play level 3's and 4's you should skip straight to there?
Jman28
03-12-2005, 02:07 PM
[ QUOTE ]
is that $20 odd worth the extra time the step 1's take ???
[/ QUOTE ]
That is entirely dependent on your hourly rate, so I don't know.
-Jman28
skipperbob
03-12-2005, 02:12 PM
Absolutely....Recently backed the best two SnG players I know in a $1,000 "Assault on the Steps"...We made the deision to start at S-2's.....Next "Assault" will have a bigger BR and start at S-4's.....My S-4 advance rate is twice what it is at S-2 (62% vs 33%)......If I had a big BR ($50,000) I'd direct-buy into S-5's....But variance is huge
iMsoLucky0
03-12-2005, 02:39 PM
I am thinking about making an "assault" on the steps too as I recently have came into a decent sized bankroll. I am thinking that buying in at S3 would probably be my best decision, although S4 is definitely an option. I definitely won't be buying into the S5s, because I just couldn't handle that, even if I have the bankroll for it now. I'm having some trouble analysing these things though.... I think I'm gonna start a new thread on it.
skipperbob
03-12-2005, 03:03 PM
I've played 36 S-5's....all by ascent from 2's & 3's (maybe 3 direct-buyin at 4, but no d-b-i's @ S-5) I've ITM'd 12 times...1 first/2 seconds/2 thirds/7 fourths...No doubt, at all, that the easiest move is 4 to 5....My 33% ITM is below what the "average" player should ITM (40%)....But, I've had 11 bubbles, so just a few coinflips the right way & I'de be up bigtime....Since I play pretty standard SnG strategy; I usually ss'd near the bubble; got to win coinflips there. Almost always 3 or 4 "leaderboarders" at every S-5...IMO the S-5's are a berrypatch waiting for aggressive mid-level players to cleanup...Might be what's happening....Lotsa dead $$$$ (including mine) on the S-5 tables due to lower-limit players tightening-up when they get there...FWIW
if you don't mind me asking, what sort of ROI and $/hr are you achieving?? If that's personal, then what sort of figures do you think are reasonable??
skipperbob
03-12-2005, 05:09 PM
Have no clue as to $$$/hr....because I don't keep track of hours & I don't play poker for a living...At one point I was (+)$7,500 on Steps with an ROI of 400%...has dropped off recently to (+) $4,500 with ROI of 45%...I play lots; maybe 500 Step SnG's so far
pokerlaw
03-12-2005, 05:24 PM
[ QUOTE ]
I usually ss'd near the bubble; got to win coinflips there.
[/ QUOTE ]
could you please elaborate on what ss'd means? Also, how would you rate the skill on a step 3 to that at a $200 table? thnkas.
skipperbob
03-12-2005, 08:38 PM
ss'd = short-stacked....S-3's much easier than $215's
codewarrior
03-12-2005, 08:40 PM
I have it on good authorita that the rake makes these a waste. of. time.
skipperbob
03-12-2005, 08:42 PM
"Women are the rake"...Does that make them a waste of time /images/graemlins/confused.gif
$DEADSEXE$
03-12-2005, 09:15 PM
you don't need to use tha much money..you should only need $100-$200...its worked for me so far.
AA suited
03-12-2005, 09:28 PM
[ QUOTE ]
I have it on good authorita that the rake makes these a waste. of. time.
[/ QUOTE ]
can you elaborate on that?
$DEADSEXE$
03-12-2005, 09:40 PM
yeh i agree...elaborate lol
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