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A question about ROI%
Is there any point in trying to play SNG's without rakeback?
It seems like beating the rake is brutal without it. If I'm not mistaken, break even is 33% ITM, assuming even placement in the prize distribution. I know this is supposed to be attainable and sustainable; it just doesn't seems attainable for a lot of players (read: me. Granted, my sample size is laughable. Hope springs eternal...) For any player who doesn't attain this, they're just losing money--why play? I understand this circumstance is good for sufficiently winning players, and it's even better if most players don't understand how much they have to win to make a profit in the long run. I don't really feel like losing $50 dollars out of every $1000 invested if I can at all help it. I just feel like a fish. I know the answer is: Learn and get better. My problem is I don't have rakeback at the site where I grind my SNG's out. I don't see any legitimate way to get it. If I can only manage 30% ITM with even placement across the prizes, does it make logical sense to continue to play SNG's to make money? I understand it might make sense on a personal level, to improve my play, but I'm not making a profit with those numbers, right? Am I way off base? Is there a post already covering this? FOITNOF, -D. |
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