Goal Setting

[johnegolfer]

I am playing the $5 and $10 sng at Poker Stars. Just looking to add to our vacation fund. What should my ROI be and my ITM%? I am using somebody's spreadsheet that they posted here the other day. Thoughts, and is it worth changing levels.

Thanks for the advice!

JE

[spentrent]

Your target ROI will have no effect on your actual ROI...

...which is only observable in hindsight.

[johnegolfer]

[ QUOTE ]
Your target ROI will have no effect on your actual ROI...

...which is only observable in hindsight.

[/ QUOTE ]

I understand that having a goal won't change the actual, but it might help me understand if I suck or if I am succeeding at a level or something, right? Otherwise why keep the number...

JE

[Freudian]

Aim for a positive ROI. For that to happen your ITM would most likely have to be around 33%.

[johnegolfer]

[ QUOTE ]
Aim for a positive ROI. For that to happen your ITM would most likely have to be around 33%.

[/ QUOTE ]

Tongue planted in cheek there? I can't very well pay for the vacation if I don't have the positive ROI...

JE

[Freudian]

And we can't very well guess what your skill is or what kind of luck you will have.

[johnegolfer]

So currently the ITM is 56% and the ROI is 31%. Small samples, but it is what I have. Any constructive help would be appreciated. Sorry if my relative newness to trying to make money at poker and stupied questions offend your senses...

JE

[spentrent]

[ QUOTE ]
So currently the ITM is 56% and the ROI is 31%. Small samples, but it is what I have. Any constructive help would be appreciated. Sorry if my relative newness to trying to make money at poker and stupied questions offend your senses...

JE

[/ QUOTE ]

What's your sample size? You probably know if you're a long-term winning player if your ROI is positive after 500 tourneys.

EDIT: But the thing is, long-term winners have 500 game break-even or negative blocks, hence all the playful replies this thread may generate.

[johnegolfer]

right now the sample size is nearer to 100. just started keeping stats, but have been seemingly successful since a rough start in march. can't quantify the early numbers though, just know I took money out to pay for things along the way...

JE

[Scuba Chuck]

[ QUOTE ]
So currently the ITM is 56% and the ROI is 31%. Small samples, but it is what I have. Any constructive help would be appreciated. Sorry if my relative newness to trying to make money at poker and stupied questions offend your senses...

JE

[/ QUOTE ]

Your statement, and underlying insinuations reflect your utter lack of understanding for poker in general, and for sure reflect your experience.

But if you want.

Yes, your stats are sustainable. Why do you ask, you obviously don't need to know. If you just want to boast your results with a small sample size, then take it to the water cooler.

If you want to come and talk SNG strategy, then stick around. We're not here to pat you on the back, or s*** your d***. I've played over 3,000 SNGs just this year. My game is very fluid. I'm not aware of my true ROI, because it doesn't exist.

But, if you play SNGs on Party (and to some extent on other sites), you'll find a lot of good strategy discussions about individual hands played. If that is of interest to you, then welcome to the forum. I'm sure the resulting information gleaned will improve your Long Term ROI, whatever it may be.

Good luck at the tables.
Scuba

[johnegolfer]

[ QUOTE ]
[ QUOTE ]
So currently the ITM is 56% and the ROI is 31%. Small samples, but it is what I have. Any constructive help would be appreciated. Sorry if my relative newness to trying to make money at poker and stupied questions offend your senses...

JE

[/ QUOTE ]

Your statement, and underlying insinuations reflect your utter lack of understanding for poker in general, and for sure reflect your experience.

But if you want.

Yes, your stats are sustainable. Why do you ask, you obviously don't need to know. If you just want to boast your results with a small sample size, then take it to the water cooler.

If you want to come and talk SNG strategy, then stick around. We're not here to pat you on the back, or s*** your d***. I've played over 3,000 SNGs just this year. My game is very fluid. I'm not aware of my true ROI, because it doesn't exist.

But, if you play SNGs on Party (and to some extent on other sites), you'll find a lot of good strategy discussions about individual hands played. If that is of interest to you, then welcome to the forum. I'm sure the resulting information gleaned will improve your Long Term ROI, whatever it may be.

Good luck at the tables.
Scuba

[/ QUOTE ]

I am sorry, I am not trying to boast about results. I am only trying to figure out if I am playing at the right level, maximizing my time, etc. I am sure that almost every one of you guys can pull 100 games from your history and destroy the numbers that I posted. I have read a great deal of these posts, and I don't claim to understand all of them in the least. Like I said, I am sorry if the original question was stupid, I am just trying to get a feel for what all of the numbers mean toward the level that I should be playing at etc...

JE

[Scuba Chuck]

[ QUOTE ]
I am sorry, I am not trying to boast about results. I am only trying to figure out if I am playing at the right level, maximizing my time, etc. I am sure that almost every one of you guys can pull 100 games from your history and destroy the numbers that I posted. I have read a great deal of these posts, and I don't claim to understand all of them in the least. Like I said, I am sorry if the original question was stupid, I am just trying to get a feel for what all of the numbers mean toward the level that I should be playing at etc...

JE


[/ QUOTE ]

Okay, I have an answer/solution to your question. Just follow bankroll guidelines. That will guide you the best.

Here's a decent example of one to follow:

$10+1s $300-600
$20+2s $600-900
$30+3s $900-1500
$50+5s $1500-3000
$100+9s $3000+

I think you probably get the picture. The most important rule is to follow the bottom side of the bankroll guideline.

Good luck at the tables.
Scuba

[Freudian]

But surely you must realize that none of us can even guess what your ROI will be or if you are playing at the right level?

Only way you will find out is by testing yourself.

[johnegolfer]

Thank you...

JE

[chisness]

Probably searchable, but how do these suggestions convert when doing 2, 4, 6, 8, 10, 12 tables? Assuming you can inter account xfer, probably not too much higher?

Also probably searchable, but when is roi supposed to be correct to within +/- 1%, 2%, etc.? I remember reading 5k is what it takes to really know, but how accurate is 1k?

[johnegolfer]

Thanks for the help. I guess I was asking what some of yours was and when you knew it was time to move up. Chuck helped with a generic table and that was great. Obviously if I am negative, I am at the wrong level, but I read some of the posts from guys at 20+% and just wondered how long you should sustain that level to move. No big deal, I'll get it figured out, just looking for a push in the right direction. I got pushed, hope the direction was ok..

JE

[Scuba Chuck]

[ QUOTE ]
Probably searchable, but how do these suggestions convert when doing 2, 4, 6, 8, 10, 12 tables? Assuming you can inter account xfer, probably not too much higher?

Also probably searchable, but when is roi supposed to be correct to within +/- 1%, 2%, etc.? I remember reading 5k is what it takes to really know, but how accurate is 1k?

[/ QUOTE ]

The upcoming STT FAQ (http://forumserver.twoplustwo.com/showflat.php?Cat=&Board=singletable&Number=2540909 &Forum=All_Forums&Words=FAQ&Searchpage=0&Limit=25& Main=2540909&Search=true&where=bodysub&Name=3979&d aterange=1&newerval=2&newertype=m&olderval=&oldert ype=&bodyprev=#Post2540909) will have results that will answer your statistical questions.

With regards to multi-tabling, I don't think the br guidelines waver because of how many current games you're playing. Just follow them.

[Freudian]

As long as your bankroll grows, thats basically all you need to know. And when bankroll permits, move up. If it continues to grow you continue at that level until you have bankroll to move up again. If it shrinks below the bankroll for your current level, move down.

The big reason one shouldn't stare at ROI is that it isn't stable even when you use long series (such as 500). I can have a ROI of 25% over a 500 game period only for it to be followed by a ROI of 1% over 500 games. Sure you can use it to find out if you are winning or not, but the only thing you need to establish that is the cashier.