Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > Tournament Poker > One-table Tournaments
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 12-31-2005, 04:17 AM
pergesu pergesu is offline
Junior Member
 
Join Date: Feb 2004
Posts: 2
Default Re: The trick is...

k I didn't read the whole thing...all I read was something like, "My roll was too small for the variance of 11s, so I decided to play mini-steps instead." That seems like 110% backwards to me.
Reply With Quote
  #2  
Old 12-31-2005, 04:19 AM
The Yugoslavian The Yugoslavian is offline
Senior Member
 
Join Date: Sep 2004
Location: Orange County
Posts: 130
Default Re: The trick is...

[ QUOTE ]
k I didn't read the whole thing...all I read was something like, "My roll was too small for the variance of 11s, so I decided to play mini-steps instead." That seems like 110% backwards to me.

[/ QUOTE ]

Don't bother reading the rest, he lucksacked not busting his roll.

But it's not necessarily a bad thing to do...just ridiculously time consuming and high variance.

Yugoslav
Reply With Quote
  #3  
Old 12-31-2005, 05:03 AM
Guest
 
Posts: n/a
Default Re: The trick is...

[ QUOTE ]
That seems like 110% backwards to me

[/ QUOTE ]

I thought so too, at first, but found it much easier to accept lower finishes (usually 4th-5th place) when I knew, at the least, I'd get another freeroll into the same step. Granted, I found that I had to take a much different approach to each game than I would a normal SNG, but that wasn't all too bad.

[ QUOTE ]
Don't bother reading the rest, he lucksacked not busting his roll.

But it's not necessarily a bad thing to do...just ridiculously time consuming and high variance.

[/ QUOTE ]

I'm not really sure about the first statement. With the finishing structure above level 1, ensuring a "second chance" is fairly easy.

To Quickly summarize:

<u>Mini-Step 2</u>
Place - 1,2 - Entry to Mini-Step 3
Place - 3-5 - Entry to Mini-Step 2
Place - 6-9 - Entry to Mini-Step 1 *This is the most critical finishing spot to avoid
Place - 10 - Thanks for Playing

<u>Mini-Step 3</u>
Place - 1,2 - Entry to Mini-Step 4
Place - 3,4 - Entry to Mini-Step 3
Place - 5,6 - Entry to Mini-Step 2
Place - 7,8 - Entry to Mini-Step 1 *
Place - 9,10 - Thanks for Playing

<u>Mini-Step 4</u>
Place - 1,2 - Entry to Mini-Step 5
Place - 3-5 - Entry to Mini-Step 4
Place - 6,7 - Entry to Mini-Step 3
Place - 8 - Entry to Mini-Step 2
Place - 9 - Entry to Mini-Step 1 *
Place - 10 - Thanks for Playing

<u>Mini-Step 5</u>
Place 1-5 - $$$
Place 6-10 - Thanks for playing

Again, I had a two-fold reason for trying this, the main being that I simply didn't want to grind out the micros for bonus money and 2-4BB an hour. Sure, it would've probably been easier to just buy into 20 $11's and hope for a positive return, but I figured it was a lot safer to work on ensuring a top-5 finish and try to outplay a small table for 2 spots than it is to consistantly outplay an entire table for 3 spots.

FWIW, I don't claim to be any kind of expert on the subject. It was an experiment that turned profitable and got me back on my feet, so I thought I'd share the story. I'd be really interested to read more about the research into these structures, though, to see why all the negative press.

I'll never claim I wasn't lucky during my run, but I'd like to think I had a little skill and a good gameplan.
Reply With Quote
  #4  
Old 12-31-2005, 05:35 AM
jmillerdls jmillerdls is offline
Senior Member
 
Join Date: Jul 2005
Posts: 139
Default Re: The trick is...

so, you don't think you lucksacked in the Step 5's? If not, I'd start buying straight into those if you think you can money 6 out of 7 times with regularity.
Reply With Quote
  #5  
Old 12-31-2005, 06:12 AM
Guest
 
Posts: n/a
Default Re: The trick is...

By your reasoning:

$4400 Prize - $220 buy-ins (10 Step 2) = $4180 profit
$4400 Prize - $4300 buy-ins (10 Step 5) = $100 profit

Let's say all I do is finish 5th twice out of my 10 buy-ins and 7 Step 5 tries:

$400 Prize - $220 Buy-ins (10 step 2) = $180 profit
$400 Prize - $4300 Buy-ins (10 step 5) = $3900 loss

Pretty easy to see why I would chose NOT to do that

(Not to mention that I never said I could finish in the money 6 of 7 times on a Step 5, and I only had a couple hundred bucks to start jackhole)
Reply With Quote
  #6  
Old 12-31-2005, 06:36 AM
jmillerdls jmillerdls is offline
Senior Member
 
Join Date: Jul 2005
Posts: 139
Default Re: The trick is...

well, we can all see that isn't your bankroll now, right?

So, you are saying that even though you weren't a luckbox in your 7 step 5's, you wouldn't continue to just buyin into them if you could finish ITM 6 out of 7 times on a regular basis? Wow, can't imagine anyone not doing that...well, good luck with your steps.
Reply With Quote
  #7  
Old 12-31-2005, 10:47 AM
Guest
 
Posts: n/a
Default Re: The trick is...

I agree with Mike. The mini steps are a decent investment for someone with a low bankroll which I think was the gist of his post. If you are just starting out they are ideal as you get a lot of games and SnG practice for your buck. Someone depositing $50 into Party probably isn't looking to grind out 2 BB's an hour and wants a bit fun for his little investment.

I deposited $50 into Party in October for the sole reason of playing them. I was grinding the micro's on Bet365 and saw the structure and it looked possible to get a payday for $6 investment.

Mini Step Structure

I got addicted to them and played them soldidly for over a month and you could say I luckboxed seven Step 5's, cashing in 6 of them for around $5000 but I had the same gameplan as Mike, aim for the top 5 replay then go for the top 2 which is a lot different than playing a standard SnG. Even in Step 1 I was happy with 6th place as you got most of your money back again.

I found the Step 1-3 pretty soft and the Step 4 a rock garden most of the time. I was seeing the same players in step 3 and 4 a lot over the month so I knew their style of play which helped. Whereas if you are playing $11 or $22 SnG's you are playing different players most of the time.

You also get a good mix of game if you are a beginner. You get the loose maniac step 1 and 2 to practice at. Then the 1000 chip start from Step 3 onwards which a low bankroll player would rarely get to play. The rock garden Step 4. Then the good player Step 5 which has it's regular buy in'ers and very good players. You probably get to play a pro like Zee Justin or whatever. [img]/images/graemlins/wink.gif[/img]

For the fun casual player improving his game they are top value.

There are a lot of players who play the steps exclusively and are generally multi tabling maybe sitting at a Step 2, 3, 4 &amp; 5 at the same time. They must be making some cash from it. They must see it as +EV thing to do.

I stopped playing them in December and played normal SnG's and have done well and that's probably because of playing 100's of Mini Step games and the practice. I'm going to go back to them for January and see if it was all just pure luck. [img]/images/graemlins/blush.gif[/img]

I'm rambling.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 01:30 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.