building a Tourney bankroll - from pscrew.com

[whiskeytown]

well, either way, I think I can beat the 10 buck SNG's and I wanna try it like an Open Internet Challenge -

One last small insignificant waste of capital before 2006 comes cracking down on me.

RB

[Copernicus]

[ QUOTE ]
Yo, I just read that article, and that guy doesn't know his elbow from his [censored]. A 35% ROI at the 22s is impossible longterm. That dude hit a monster heater (if he is even telling the truth) and is telling everyone how to screw them selves.

[/ QUOTE ]

He may have run well to hit the 33% but I have ranged from 20% to 40% ROI each month for 14 months of the last 15, with only one month at 10%. My average is just over 35%. I play $30s and $50s. However, I can't play more than 2 at a time to keep that return up. If I even go to 3 my ROI drops..probably to the teens or lower. I don't do it often so the number itself isnt statistically significant, but I know my game deteriorates if I go above 2.

[gumpzilla]

As the other SNG regulars are pointing out, these bankroll requirements are way low compared to what you're going to need to protect yourself reasonably against risk of ruin. If you're good, you can probably manage at the 10s with 10-15 buyins; being lucky doesn't hurt here either. But especially as you go further up, you're going to need 2, 3, or 4 times as much as the figures you're quoting.

[11t]

I 100% gauruntee no matter how good you are that you go broke within 1500 tournaments using a 20-30 buyin bankroll for SNG's.

[ QUOTE ]
$50-$150 - $5 SNGs
$150-$250 - $10 SNGs
$250-$400 - $20 SNGs
$400-$600 - $30 SNGs / 1 or 2 $10 MTT a week
$600-$1000 - $50 SNG / 2 or 4 $20 MTT a week
$1000-$1500 - $50 SNG / 1 or 2 $100 a week / $20-$50 MTT 5-10 MTTs a week
$1500+ - Keep only $1500 in the account / any earnings take out / only MTTs

[/ QUOTE ]

That's pretty much what I've used over the last year. Currently playing $50 with a $900 roll. I can't see how you could have such a bad swing that you'd go broke using that system. Afterall you drop down the limit if you drop below a certain level.

Note that the stats in the article linked by the OP only have a sample of 79 STT games, total. This is an incredibly small sample size and his results seem unsustainable. I wouldn't use this article as any kind of solid reference as the results quoted in it are not of any significance.

[mikeymer]

bad. bad bad bad.

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.

[Copernicus]

[ QUOTE ]
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.

[/ QUOTE ]

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.

AHHH,thank you for the insight copernicus. A little quick to judge on my part....