Jason Strasser et al, what can be realistically expected

[mackthefork]

I see on another thread you state that your ITM for 100 or 200 level SNGs on Party is slightly below 40%. If I assume that 39% can be achieved and an even distribution of 1st 2nd 3rd places I get an ROI of about 21%. Is it at all realistic to hope to get an ROI of 20-25% at these levels, can 30% be done?

Regards ML

PS I only play at low levels and just about 20 a week, I have a very low risk bankroll strategy in place. A simple yes or no would even be appreciated if you don't want to go into details.

Thanks again

[ludeyork]

yes, definitely. especially on the games <50+5.

[Jason Strasser]

I think definitely. I'm sure some other posters have a higher ROI than me, especially ones more experienced at the 200 level. The stats I gave were majority for the 100 level, where my ROI is in the mid 20%. For your calculation you assumed equal distribution of places (1st, 2nd, 3rd), yet my finishes are top heavy (MY ITM is also slightly lower than 39%). I think one day I'll be able to up this mark, possibly to 30%. I bet Bozeman, Frozen, Prickly Pete, and ZeeJustin are all closer to 30% than they are to 20%... If they aren't already over 30% ROI.

Thanks for the post, I'm curious what others have to say about this.

[Prickly Pete]

After about 1650 200+15 SNGs, I'm just a hair over 20% ROI.

[Desdia72]

[ QUOTE ]
After about 1650 200+15 SNGs, I'm just a hair over 20% ROI.

[/ QUOTE ]

what's a quick way to calculate ROI.

*is it me, or does Party have way more $200 + $15 action than Pokerstars?*

[Sam T.]

[ QUOTE ]
what's a quick way to calculate ROI.

[/ QUOTE ]

Divide the amount you've won by the amount of your buy ins and remove the decimal point.

[Desdia72]

[ QUOTE ]
[ QUOTE ]
what's a quick way to calculate ROI.

[/ QUOTE ]

Divide the amount you've won by the amount of your buy ins and remove the decimal point.

[/ QUOTE ]

so after ten $200 + $15 SNGs with a profit of $550, your ROI is .255 or 26% ($550 / $2150= .255)?

[BradleyT]

Yes it's pretty easy to confirm that one visually.

$55 profit per and you're paying $215 per. That looks pretty close to 1/4th to me!

[Eder]

hmm after 75 5$ sng my roi = 1.25....$517/$412...

guess i can retire?

[steeser]

At $100 my ITM is 43.2% with a ROI of 33.4%.

At $200 my ITM is 42.7% with a ROI of 25.3%.

In the $100 buy-in, I am balanced across 1st, 2nd, 3rd. In the $200 buy-in I have twice as many thirds as seconds, with firsts in the middle, which accounts for the lower ROI.

[Profit]

[ QUOTE ]
hmm after 75 5$ sng my roi = 1.25....$517/$412...

guess i can retire?

[/ QUOTE ]

lol. i suspect after playing just a "few" more /images/graemlins/grin.gif

[bones]

New to the forum and I couldn't find it in the abbreviations link. What is ROI?

[secada]

return on investment.

-secada

[2planka]

return on investment

welcome aboard. i'm pretty new too but have been lurking for a while.

[ZeeJustin]

After about 1000 200+15's, my ROI is less than 20% =(

Edit: I should add that my play was very poor when I first started playing these. Also, included is a very bad run of practically breaking even over the course of about 300 sng's.

[HajiShirazu]

The play in party 5+1 sngs is so bad that I don't find this number shocking at all.

[Eder]

well i never try party...only on pokerstars...but i guess pokerstars pretty poor play at this level as well

[HUSKER'66]

[ QUOTE ]
After about 1650 200+15 SNGs, I'm just a hair over 20% ROI.



[/ QUOTE ]

Those are some pretty heavy numbers.

1650* 215 = 354,750

354,750 * .2 = 70,950

Color me impressed. /images/graemlins/cool.gif

1650 * 15 = 24,750 (looks like you making the site happy as well)


Husker

[mackthefork]

[ QUOTE ]
After about 1000 200+15's, my ROI is less than 20% =(

[/ QUOTE ]

=( ???? Thats still 40+ an hour man.

[mackthefork]

I started thinking about the subject after hearing your ITM and ROI numbers for these, and you can make some heavy cash here at those levels. I've run about 100 5+1 and 10+1 on party now and my ITM is 53% and my ROI is 58%, place distributions are approximately split 40% 1st 20% 2nd 40% 3rd. I know the players down here are pretty awful, but I guess I could probably cope with 20s and 30s now without much of a problem.

Regards ML

PS Thanks for your honest replys.

[Profit]

i hope you have success at those new levels!

is that 100 at 5+1 and 100 at 10+1? I know that my numbers, ITM and ROI looked a lot different through my first 100 sng's than they did by the time i got to 300. My only point is that people take the proper steps and don't jump into the "big ones" It sure is easy to see how much x player is making at the 200 and translate your 10+1 numbers to the 200 levels and think, damn wtf am i doing at the 10's. Unfortunately it really isn't as easy as i think a lot of people think it is.

Lately i've been noticing a lot of posts regarding, how much can you make at x level? People have to realize that, yes we have some successful hi level sng players, but these people are working hard at this level and no one is just handing them money for sitting at the table.

[mackthefork]

Yeah your point is well taken, rest assured I am not thinking of taking on any level which is outside of a sensible bankroll policy, I am playing on the conservative side, 50 buy-ins minimum bankroll. Amongst my numbers I have had a run of 12 without making the money, so I can feel pretty confinent about maintaining the numbers at my present level. I'm afraid people really do hand you the money at the 5+1 and 10+1 levels, it takes about an orbit to work out who is utter crap and who is just a little crap, however I would not suppose that this would continue as the levels increase.

My point was although I can't play at 100 or 200 yet I could probably already break even there. Thanks for your words of advice.

Best regards ML