SNG's to build a bankroll

Ok, so I have no money. By "no money," I mean my bankroll is about $100 to $150 right now. I've tried to start building it on partypoker but the games are too big...the smallest they have is .50/1, so i'll have a good week and then lose two straight days at $25 a pop and lose 1/4 of my bankroll...while on PP, i've noticed that I've had a much better winning percentage in terms of $/hr if i play 4 $5 SNG's at once. Has this plan been tried by anyone? Sound results? What are your thoughts on this method to build my bankroll? Thanks.

I think most everyone will agree that the best way to build your bankroll is to play the type of game at which you're best.

Are you a good SNG player? If so, then play SNGs to build your bankroll. With $150, you should be fine to play the $5s anywhere. I personally don't like the starting chips at Party, as I prefer the room to maneuver early with a larger stack.

Have you considered other sites?

Also, from what I understand, SNGs have pretty low variance compared to other forms of the game. That's definitely something to consider when your bankroll is small.

[yid3655]

go to real money
beginners
micro

these are really small stakes games

[BrettP217]

I did the exact same thing as you... bought in for a hundred and started at the 5's a little under bankrolled but for god sakes who cant beat the 5's. I then preceded to move up in the limits using the 30 buyin rule and now im playing the 50's with a 4k br after just buying 2 $500 monitors. It only took me about 4 months of playing a little every day to get their.

[Mr_J]

Transfer your BR to pokerstars and play the turbos. When your BR over >$200, 4table the $15+1. When it's <$200, play the $6+0.5.

I've done this a few times... First of all playing on party 5s isn't the best deal, other sites have 5+.50, if you play the 5+.50 you can play nine tournaments whereas with the 5+1 you can only play 8, so with only 50 bucks you have a little smaller risk of ruin with the lower buyin. I normally play two 5 dollar tournaments at a time until I get up to $75, then I play two $10 tournaments, if I make $50 in those I 4 table the tens until I'm up to 15 buy-ins for the 20s ($330). If you ever drop below $50 start over. Far from optimal profit wise but it's fun turning a small amount of money into something sizeable.

I had some money in pokerstars for their MTT, and I tried to grind at like .25/.50, and i'd sit down with like $10, but i just can't do it. I can't play for two hours looking to make $5 in profit.

Ok......Why? Are they easily beatable?

Isn't that a lot to risk? How big should my bankroll be in terms of tourney buy-ins?

I've heard that for limit cash you should have 300-500 BB in your bankroll, so like if you're playing 2/4 you should have $1200-$2000 in your bankroll...is that the same for SNG's? shouldn't i have like 50-60 buy-in's? or I am being too conservative on this issue?

[DDH]

The gerneral rule is between about 30 buy-ins for SnGs. I've heard 20, but lately everyone has been saying 30, which is a decent number. Gives you some room for a downswing if it happens and won't decimate your bankroll.

[zipppy]

[ QUOTE ]
using the 30 buyin rule and now im playing the 50's with a 4k br

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then shouldn't you be at the 109s?

/images/graemlins/tongue.gif

[BrettP217]

I used the 30 buyin for everything up to the 55's but 30 buyin's for the 100's isnt enough because less of an edge means more varience

[Xhad]

[ QUOTE ]
Ok, so I have no money. By "no money," I mean my bankroll is about $100 to $150 right now. I've tried to start building it on partypoker but the games are too big...the smallest they have is .50/1, so i'll have a good week and then lose two straight days at $25 a pop and lose 1/4 of my bankroll...while on PP, i've noticed that I've had a much better winning percentage in terms of $/hr if i play 4 $5 SNG's at once. Has this plan been tried by anyone? Sound results? What are your thoughts on this method to build my bankroll? Thanks.

[/ QUOTE ]

Hi, I'm a primarily limit player who makes the occasional foray into tourneys. I started with a <$200 bankroll on party and basically did exactly what you are discussing (except I never play more than 2 tables at once). I used a system of move up at 50 buyins/move down at 20 buyins. Once you get some success at the 10's, depending on how good you are at NL you can either grind out a micros bankroll at that level, or move up to the 20's. At that level it should be pretty easy to build up a bankroll required to play $3/$6 limit and below. In fact 50 buyins at 10/1 is $550, which is technically enough to play .5/1 if you already know you're a winning player at that level and don't plan on making withdrawls anytime soon.

EDIT: As to how successful I was with this, I'm currently bankrolled for $55's but usually play $3/$6 limit.

When you say a low variance, do you mean the amount that you win/lose has less variance...basically the swings are smaller?

Thanks.

[Mr_J]

No, you'll have better results. At stars you pay less rake ($5+0.5 or turbo $6+0.5, vs $5+1 at stars), so you'll make more. Party is fine when you have enough for the $11s.

FWIW, I started my thousand dollar challenge thingy, meh

with about 150 at pp. four tabled sets of 30-52 sngs per day and within one week, Im at the 22s.

Unfortunately, it took me like 67 sngs to hit positive ROI, or I'da been here sooner.

gl, it is definitely doable.

the biggest thing to get the hang of is bubble play... just watch how everyone plays, try to figure out why (stack sizes, blind sizes, yada) and act accordingly.

GL!