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-   -   SNG BR vs. Cashout Math Issue (http://archives2.twoplustwo.com/showthread.php?t=369903)

11-01-2005 07:40 PM

SNG BR vs. Cashout Math Issue
 
Okay, I need to make some serious profit during the next 4 weeks. I have around a 300 dollar br, and will be using that to play $11 sng's. For a good player,

$11s = 25% ROI
$22s = 20% ROI

Now. I will be playing for 6-8 hours a day, 4 tabling (which those ROI's reflect). Since Im not going to assume Im a "good" player, we can safely assume that I will be making within a -5% range of the posted ROI's.

My question is this: to maximize profits, asap, would it be better to just run the 11's, and skim all profit past $330 br, or to get to $660 br by playing 11's and then skim the profit off of those.

Normally obviously I would just play up to the 22's, but I am looking at a time schedule of 4 weeks, within which I must make $1000. I understand that if extreme negative variance hits, this wont happen, but let's play the averages.

Thank you very much for your help.

splashpot 11-01-2005 07:44 PM

Re: SNG BR vs. Cashout Math Issue
 
In general, playing with a required amount of profit is not a good idea, but I'm sure you know that. It depends on how catastrophic it is if you bust. If it's not that disasterous, just play 22s now. The sooner you get to the 22s, the faster you'll make money.

Hendricks433 11-01-2005 07:46 PM

Re: SNG BR vs. Cashout Math Issue
 
if you play like 8 hours a day 4 tabling 5 days a week for 4 weeks. which you could easily get more in. Would be abouth 640 games could get in 650. 650 X 11 is $7150 invested so if you average say 15% ROI thats a profit of $1072. Working 8 hours a day 5 days a week. I think 15% ROI is easily attainable at this level also. 20% ROI is almost $1500 profit.

11-01-2005 07:46 PM

Re: SNG BR vs. Cashout Math Issue
 
it is not super catastrophic if I bust, but due to real life variance, and randomness of [censored] happening all at the same time, I'd really rather avoid it.

So that's one vote for just using all the profits to hit the 22s?

K. Thanks for the input!

Hendricks433 11-01-2005 07:48 PM

Re: SNG BR vs. Cashout Math Issue
 
I say go for the $11's and move up if you do well. You need a profit of $1000 in November? Are you just trying to build your br or do you need the $1000 for something?

Slim Pickens 11-01-2005 07:51 PM

Re: SNG BR vs. Cashout Math Issue
 
A train leaves Santa Fe traveling east at 68 miles per hour. One hour later, the train that left Amarillo traveling west at 61 miles per hour is twice as far from the train leaving Santa Fe as the Santa Fe train is from Denver. How far is Denver from Amarillo assuming the planar angle between the lines connecting Amarillo and Santa Fe, and Santa Fe and Denver is pi/7. You may assume shperical geometry applies to the Earth's surface to simplify.

The point is I'll leave your question as an excercise for the reader.

splashpot 11-01-2005 07:55 PM

Re: SNG BR vs. Cashout Math Issue
 
Math:

11 * (455 games)*(.2 ROI) = $1000 profit

11 * (150 games)*(.2 ROI) = $330 profit
22 * (203 games)*(.15 ROI) = $670 profit

So 455 games playing the 11s straight through. And 353 games playing the 11s til you hit $660 then 22s. Averages of course.

11-01-2005 07:59 PM

Re: SNG BR vs. Cashout Math Issue
 
the point is you're padding your post count.


Yeah, Im just trying to find a good balance for profit skimming. I do need the larger portion of the 1000 for something, however I am in the frustrating postition of getting that 1000, taking it out back down to 300, and starting again.

it's one goddamn step forward, and one more back.

very frustrating.

Hendricks433 11-01-2005 07:59 PM

Re: SNG BR vs. Cashout Math Issue
 
is $660 enough to 4 table the 22's? Im pretty cautious with moving up myself cause I cant totally afford to bust.

11-01-2005 08:00 PM

Re: SNG BR vs. Cashout Math Issue
 
[ QUOTE ]
A train leaves Santa Fe traveling east at 68 miles per hour. One hour later, the train that left Amarillo traveling west at 61 miles per hour is twice as far from the train leaving Santa Fe as the Santa Fe train is from Denver. How far is Denver from Amarillo assuming the planar angle between the lines connecting Amarillo and Santa Fe, and Santa Fe and Denver is pi/7. You may assume shperical geometry applies to the Earth's surface to simplify.

[/ QUOTE ]

Is this solvable, with the information given? I haven't touched math in 3.5 years and my HS education didnt cover "planar angles"... but I'm still damn curious [img]/images/graemlins/wink.gif[/img]


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