Re: building a Tourney bankroll - from pscrew.com
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Here is proof this dude doesn't know crap about SNG poker (if his small sample and HORRIBLE bankroll advice weren't enough)....
"Keeping track of every SNG played - I used SNG tracker. It keeps track of your ROI (return on investment), ITM (in the money), graphs of where you placed, etc etc. I started keeping track at $20 SNGs and these are my overview results.
ROI 35%
ITM 54%
Tourneys 79
Buyins $3560
Vig (rake) $354
Total entries $3914
Prizes $5294
Profit $1380
Avg. Time 54 mins
$/tourney $17.47
$/hour $19.56
Itm from bubble 82%
Bubble % ± 7%
1st place - 19%
2nd place - 15%
3rd place - 21%
4th place - 13%
5th place - 13%
6th place - 7%
7th place - 12%
8th and 9th place - 4%"
How can you have a 35% ROI and $17.47/tourney at the $22's.
35% ROI = $7.7/tourney @ the $22's. Maybe he means gross winnings per tournament. But then he would be a loser! That is certainly not how I calculate my winnings. That said, he seems to be a good MTT player, i remember seeing him on the PS TLB many times.
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This is not all $20 sngs in his stats. The average buyin is $49 with vig for 79 tourneys. The ROI calculation is correct. When he says "started keeping track at $20 SNGS" he must mean that is the level he started tracking at.
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