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.
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