Party SNG's . Profitable ?

I heard some people on another forum talk about how much Party's SNG's are a crap shoot. Is this true? I'm sure some of you are making a living off Party SNG's right ? How much would I make a day if I played 20 $5+1 SNG's / day ? I'm not a great SNG player but I could beat the $5's. I have an average of about 40 % ROI at the $5+1. How much would that be a day if I 3-tabled them and played 20/day ? I was planning on playing 5 hours of 3-tabling. Do you think I could play more by doing this ? I've never done it before.

Wow. If you have 40% ROI and are playing 20 a day, you should make 5.5 * 20 * .4 = $44/day.

That's not bad. I wasn't expecting $200/day. Could I play more than 20 in a 5 hour period if I was 3 tabling ?

[bluef0x]

you could fit in closer to 25 sngs a day, maybe 30. If you can 3 table well, it's not much harder to fit in 1 more- but don't do it if you feel uncomfortable.

problem is, party doesnt offer $5 + $0.50 SnG's.. only 5 + 1 , so the rake is steeper and your roi probably won't be as high as it would.

[BadMongo]

Dude, it's simple math to figure out how much you will make a day if you know your ROI. If you have to ask this, I don't see how its possible for you to be beating the 5+1s for 40%. How many games have you played? 10? 20?

[nate_king1]

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Wow. If you have 40% ROI and are playing 20 a day, you should make 5.5 * 20 * .4 = $44/day.

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Its not that easy.. 40ROI isn't substainable. 20 a day is hard to do. Its just not that easy...

[MegaBet]

Don't discourage the guy. /images/graemlins/grin.gif

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Dude, it's simple math to figure out how much you will make a day if you know your ROI. If you have to ask this, I don't see how its possible for you to be beating the 5+1s for 40%. How many games have you played? 10? 20?

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I thought I could sum that statement up with a "wow", but it didn't work.

[A_Junglen]

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Don't discourage the guy. /images/graemlins/grin.gif

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What if I eat 12 twinkies? Then what?

[BadMongo]

LOL, no one here plays the 5+1s anyway. /images/graemlins/wink.gif

[MegaBet]

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LOL, no one here plays the 5+1s anyway. /images/graemlins/wink.gif

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But he may be a future $20/$30/$50 player! You wanna pass that up!? /images/graemlins/grin.gif

[nate_king1]

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LOL, no one here plays the 5+1s anyway. /images/graemlins/wink.gif

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I played a few when I was 16

Hey asses, u should think about getting Bodog or Pokerstars, because the tourney fee is $.50 less. the format is different, but 5 dollar tables are not gonna be particularly hard anywhere. Good luck though.

[NiR]

ok i will give you a decent response.
1. start playing 10/1. the rake for 5/1 is not worth it.
2. play atleast 500 sngs and then analyze your roi and itm.
3. yes its profitable. i used to multi the 100nl and i think now that i am multitabling 22's its more profitable.
4. less stressful!!!!!!!
5. less variance!!!
6. here is some math. say you get 20% roi in the 11's. if you play 20 sngs a day that is about 600 sngs a month. 600(amount of sngs)*11(10/1 sng)*.2(roi)= 1320$ + rakeback. now say you get 25% rakeback. then you are getting a rake back of 150$ which brings your grand total to $1320+$150=$1470 close to $1500 per month. not bad... then start 22's next month since u will have the bankroll for it. peace.

[A_Junglen]

Read this (http://forumserver.twoplustwo.com/showthreaded.php?Cat=&Board=singletable&Number=191 8735&Forum=,,,,,,All_Forums,,,,,,&Words=&Searchpag e=5&Limit=25&Main=1918735&Search=true&where=&Name= 30065&daterange=&newerval=&newertype=&olderval=&ol dertype=&bodyprev=#Post1918735)

[rokstedy]

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Dude, it's simple math to figure out how much you will make a day if you know your ROI. If you have to ask this, I don't see how its possible for you to be beating the 5+1s for 40%. How many games have you played? 10? 20?

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That's just dick. Answer his question or don't.

[Al P]

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How much would I make a day if I played 20 $5+1 SNG's / day ?

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ROI x Total Investment = Profit

So 20 X 6 = $120 invested. 40% x 120 = 48 clams a day.

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How much would that be a day if I 3-tabled them and played 20/day ?

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Who cares if you 1 table 3 table or 20 table if you're only playing 20 per day the number of tables at a time is irrelevant*.



*Theoretically your ROI should decrease as the number of tables increase however your hourly rate may increase enough to compensate for this decrease.

[bmxreed36]

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Hey asses,

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lol

[SammyKid11]

Party SnG's are not a crap shoot. There is a science to playing them well.

Do not play the 5+1's for the reasons mentioned.

Do play the 10+1's, try to fit that fourth table in, read the FAQ, come post and lurk here often to learn how to play better, buy SNGPT's, read the FAQ again, and keep playing.

[Myst]

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Party SnG's are not a crap shoot. There is a science to playing them well.

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An art and a science.

Thanks for the encouragement. I am playing anything from .10/.25 NL to .50/1 NL cash games right now and doing pretty well. I do about 12 BB/100 on most games I play but I probably do about 5 or 6 BB/100 on .50/1 NL. I just wondered which would be more profitable. I have been playing NL cash games exclusively for about the last 9 months and I just wonder if I could make more. It sounds like I could. I max out at about $1000/month if I work hard enough in the NL cash games. I was choosing Party Sng's specifically because of their structure. In late stages, I can just push with decent hands and I was going to use Eastbay's analyzer religiously.

[SammyKid11]

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Party SnG's are not a crap shoot. There is a science to playing them well.

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An art and a science.

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Yeah, I'm sure you're right...I haven't seen the art in it yet, though. I'd like to. To me, so far, playing SnG's has been a very scientific experience -- especially bubble play. I guess the art comes in more often with the earlier play, deception, reading, value betting, etc. But when the blinds get high and the players get short, it seems very scientific to me. This, in fact, is one of the things I really like about SnG's as opposed to cash games.

[Newt_Buggs]

determining your opponents' calling ranges might classify as an "art"

[tjh]

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determining your opponents' calling ranges might classify as an "art"

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Actually that is the "crapshoot" part of SNG's
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