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#1
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Profitability of SnGs
So I was thinking about it today, and this is what I realized. Say you have a ~20% ROI at the 10+1 level. This is equivalent to $2.50/hr (or so) per table. Which is equivalent to a winrate of 2.5BB/100 playing .5/1 limit (which is very low stakes for limit, and an extremely low winrate for that level). Thus there's really no point playing low stakes SnGs compared to the profitability of limit ring.
Extrapolate this to the $55s. The profitability of them is about $12.50/hr (per table) with the same ROI assumed before. This is like playing $3/$6 limit for a profitability of just over 2 BB/100 - which I would think is much easier - limit games don't start getting tough until $5/$10. But then maybe SnGs don't start getting tough until $109? I think I'm going to start playing some ring games for awhile. |
#2
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Re: Profitability of SnGs
I wish I could be successful at limit but I suck pretty hardcore at it.
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#3
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Re: Profitability of SnGs
[ QUOTE ]
This is like playing $3/$6 limit for a profitability of just over 2 BB/100 - which I would think is much easier - limit games don't start getting tough until $5/$10. [/ QUOTE ] 3/6 isn't as easy as you might think. Yes, anyone can destroy the .5/1 for 5-6 BB/100. 1/2 is tougher, due to all the rocks, but still very beatable -- easily for 2BB/100. 2/4 is wild, so variance is a bitch, but again 2-4BB/100 is doable. 3/6 is when is starts to get tougher. 2BB/100 is very good. [ QUOTE ] I think I'm going to start playing some ring games for awhile. [/ QUOTE ] I certainly wouldn't discourage you if you're interested in it. I switched to SnGs because limit was as exciting as watching paint dry. |
#4
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Re: Profitability of SnGs
[ QUOTE ]
I certainly wouldn't discourage you if you're interested in it. I switched to SnGs because limit was as exciting as watching paint dry. [/ QUOTE ] I'm actually going to play NL ring. I just gave limit numbers because they are more rigorous and I happen to know them. |
#5
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Re: Profitability of SnGs
You're not comparing them the right way. You should be looking at the BR needed. For the BR to play 3/6 you could play the $55s. 8 tabling 3/6 for 1.5bb/hr/table is $72 an hr. If you were 8tabling $55s, you'd only need to hit 9% ROI to achieve the same result. I imagine 9% ROI at $55s is easier than 3bb/100 at 3/6.
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#6
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Re: Profitability of SnGs
[ QUOTE ]
You're not comparing them the right way. You should be looking at the BR needed. For the BR to play 3/6 you could play the $55s. 8 tabling 3/6 for 1.5bb/hr/table is $72 an hr. If you were 8tabling $55s, you'd only need to hit 9% ROI to achieve the same result. I imagine 9% ROI at $55s is easier than 3bb/100 at 3/6. [/ QUOTE ] MAYBE 3 players in the world that 8 table 3-6 are pulling 3 bb/100. MAYBE. more than a few people are pulling 10% 8 tabling the 55s. your post is fairly dead on. holla |
#7
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Re: Profitability of SnGs
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I switched to SnGs because limit was as exciting as watching paint dry. [/ QUOTE ] My feelings exactly. |
#8
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Re: Profitability of SnGs
For some reason I'm horrible at ring games online. I do much better at ring games live. One reason why I think I do better at the sngs is the "goal" oriented aspect. Much easier for me to stay focused.
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#9
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Re: Profitability of SnGs
[ QUOTE ]
For some reason I'm horrible at ring games online. I do much better at ring games live. One reason why I think I do better at the sngs is the "goal" oriented aspect. Much easier for me to stay focused. [/ QUOTE ] ditto every word. |
#10
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Re: Profitability of SnGs
"This is like playing $3/$6 limit for a profitability of just over 2 BB/100"
Wouldn't it need to be 4 BB/100? Also, I think it is probably easier to play sit n gos 4 tabling and 8 tabling as opposed to ring games, I could be wrong though as I have only 4 tabled .5/1 to clear a bonus but am not a limit pro by any means. I think with the lesser variance, higher payout(IMO and with my ability), and easier to multitable the SNGs are more profitable. But I wish you the best of luck in the ring games taht you play, whether limit or NL. |
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