Profitability of SnGs

[Mr_J]

If you can 8 table in sets and hit 7% ROI you're there.

[curtains]

Wouldn't that just be about 120-160 an hour? (160 because of the rakeback)

[lorinda]

[ QUOTE ]
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

[/ QUOTE ]

Why are you comparing a limit player with a clue to a SNG player with no clue?

Lori

[djj6835]

[ QUOTE ]
Quote:
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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


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Why are you comparing a limit player with a clue to a SNG player with no clue?

Lori


[/ QUOTE ]
Maybe I'm not understanding your post, but are you saying a 20% ROI player at the 10+1 level doesn't have a clue, and a 2.5BB/100 0.50/1 limit player does? I would think it is the exact opposite.I would at least assume that a 20% ROI player at the 10+1s has some semblance of a clue as to what they are doing.

[Mr_J]

You're right, I was saying 10 sngs an hr but up at the $215s a set probally takes close to an hr??

$150, $200...same thing to me. More than I earn now so I'd be pretty happy with either.

That reminds me, wonder how raptors 12tabling the 109s is going.

[lorinda]

[ QUOTE ]
Maybe I'm not understanding your post, but are you saying a 20% ROI player at the 10+1 level doesn't have a clue, and a 2.5BB/100 0.50/1 limit player does? I would think it is the exact opposite.I would at least assume that a 20% ROI player at the 10+1s has some semblance of a clue as to what they are doing.

[/ QUOTE ]

That's what I'm saying.

I also don't understand why you are talking in terms of /100 hands when hourly rate is what is important.

I'd say that you can make $2.5/hr at .5/1 LHE and $5 per hour at $11 SNGs

Lori

[djj6835]

[ QUOTE ]
That's what I'm saying.

I also don't understand why you are talking in terms of /100 hands when hourly rate is what is important.

I'd say that you can make $2.5/hr at .5/1 LHE and $5 per hour at $11 SNGs

Lori


[/ QUOTE ]
I was talking it terms of /100 hands because that is what the OP was using to compare a 10+1 SNG to a 0.50/1 limit ring game. So in $/hr it would be $2.50/hour assuming 100 hands an hour. It looks like the OP was using about 50 minutes for the length of time of a SNG to get a 20% ROI to correspond to $2.50/hr. Using this length of time one would need about a 38% ROI to make $5 per hour. You actually think the skill level of a player making a 40% return is equivalent to a limit ring game player making 2.5BB/100?
It seems to me that a 10+1 SNG player that is able to maintain a 38% ROI would be among the top players at that level where as a player making 2.5BB/100 at $0.50/$1 won't even be close to a top tier player at their respective limit. Maybe I have a very skewed perspective on limit ring games seeing as I haven't played them in a while.

[Mr_J]

"That's what I'm saying."

Well that's pretty harsh. If they're a new player I'd say they're doing ok.

"I also don't understand why you are talking in terms of /100 hands when hourly rate is what is important."

Doesn't really make a difference. Hourly rate is just 60% of bb/100 x # tables.

"I'd say that you can make $2.5/hr at .5/1 LHE and $5 per hour at $11 SNGs"

BUT, if you're good enough to make 30% ROI at the $11s, you should be playing the $22s or $33s [img]/images/graemlins/tongue.gif[/img]

[lorinda]

[ QUOTE ]
It seems to me that a 10+1 SNG player that is able to maintain a 38% ROI would be among the top players at that level where as a player making 2.5BB/100 at $0.50/$1

[/ QUOTE ]

Please use hourly rates, I know you think it's clever to inflate numbers and use /100, but it really isn't.

A typical $11 SNG takes around 40 minutes, and a very good player will get an ROI of over 40%, which is significantly more than $6/hr

I don't know for sure, but I suspect a very good player simply cannot make $6 an hour at .5/1 LHE.

To those on 20% ROI in the $11s, yes you're doing fine, but you're probably pretty new.
It takes time to get better.

I've played .5/1 LHE for three years and I can't earn $3/hr.

Lori

[raptor517]

[ 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