SNGs - win rate & profit

[pittsburgh_kid]

Standard buy-in is 20 + 2, with first place paid 100, net profit 78.
if you take first 25% of the time, your net is 12 (assuming you don't make the money in the other 3 attempts).
is it reasonable to assume that you can do better than this? I love the SNGs, and have been successful (at the 10, winning or making the money close to 50%; just moved to the $20, and after 4 tournies, have won 2, for a $112 net, though a very small sample size).

is anyone only playing SNGs and making money? I think they're great, and a great change of pace, but not sure how profitable they are.

[DasLeben]

No, absolutely nobody makes money in SNGs. We just like to come to this forum and discuss ways to entertain ourselves while we ruin our bankrolls. /images/graemlins/tongue.gif

Also, your sample size isn't "very small." It's "microscopic." What was your sample size at the $11 games?

[faquewdikhed]

search function

someone just posted their stats for 500 tourneys 2 days ago i think.

[microbet]

I don't know, maybe the SNG FAQ by Citanul, should be a sticky.

[Phoenix1010]

Is there some way that you managed to miss the extremely similar thread that happens to be on the front page at the time of this post?

-Phoenix

[pittsburgh_kid]

I totally missed the other thread, and just read all of it, and it opened my eyes -- a lot.
I wasn't thinking about multi-tabling SNGs, but clearly, that's where the money is.

[pittsburgh_kid]

Don't reply to this post! Refer to earlier post on SNGs - it answered my Q...