More money to be made in MTT than SNG's?

[Jbrochu]

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Is it possible to be successful at STT's and MTT's and still not be a successful ring game player?

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Yes, but you're less likely to be successful at MTT's without being at least a decent ring game player, IMO.

I am not a pro, not even close.

My strategy these days is to play both. I try to get in about 20-30 SNGs a day at various times in my home office between putting in hours as a part-time solo attorney. In the evening (5pm and beyond) I then play an MTT or two (or sometimes three) while hanging in the family room with my family (not great for focus but it is comfortable to play from my recliner by the fireplace in front of the big screen).

I have been doing this for about a month or so off and on and have hit on a $4k 2nd place in a $33 MTT and have made the money a bunch of times. I'm about even at the SNGs, unfortunately, but have been studying hand histories and it mostly seems to be variance.

At any rate, I hope to be able to keep this up. I am enjoying it so far and I believe it to have serious profit potential.

By the way, the point I was trying to make was that for me mixing between MTT and SNG keeps things fresh and challenging. I do not think I could grind out 50-100 SNGs a day like some do, and I do not think I could handle the variance (at this point, at least) and schedule demand that would go with doing all MTTs, just like I could not handle 12+ hours a day in a huge law firm 6 days a week (that sucked!).

I don't see any problem with mixing up SNGs and MTTs unless you are depending on it for month to month income or don't feel capable of shifting gears in the manner required or don't have time to put into the study required to do both successfully.

[Vuron00]

I believe that there might be more money making potential for a casual player at MTT's than SnG's. One big cash in a MTT is all you need to shoot your ROI into the 1000's.

Placing high in a few MTT's will definately have a higher payday if you can only play a few SnG's a week.

If you can 8 table SnG's and pump out 500 games a week, I believe that you'll make more $/hour than dealing with MTT's.

[EnderFFX]

"Im fairly new to MTT's and STG's. I must say that from a POKER perspective MTT's is the way to go. I have played maybe 20-30 MTT this month have finished in the money about half the time, give or take and have had two final tables. One that I won $6/196 players and a fourth place $22/2448 players."

Small sample size. Congrats on the money. Hopefully you know that keeping this rate up really isn't possible.

"I feel that there is definatly more money to be made, particularly compared to the buy-in in the MTT's. Just from the two im up $4k (nearly) and risked $28. For the others I finished about even."

Most single table tournaments only offer up to a 400% ROI for the top prize, where MTT offer much much more. (stating the obvious I know)

"If you are willing to play the already mentioned post flop poker the players really are weak up untill the last 5% or so and at that point youve made some good money. You will definately see money less often with the MTT. For now I am just trying to stay away from the cash games and keep learning to succeed at both."

The attraction of STT (espeically the low level tournaments) is the horrible players and the ease of money from a good push strategy. This mindless way of playing allows players to play 10+ tables at a time. A nice 10% roi, on a $22 gets you $2.20 a tournament, playing 10 at a time gets you around $20-$25 an hour at 10% roi. A good player can get the number of tables higher as well as the ROI higher. The variance is smaller (ITM, 35-40% of the time) and the required bankroll is smaller as well.

From my experience, I would suggest picking either STT or MTT and focus on one.

[Taraz]

Aside from variance I think the MTT vs SNG question is a question about hourly rate (SNGs) vs. ROI (MTT). If you can only play 1 table at a time, MTTs are probably the way to go.

[Degen]

Funny there are all these SNG v MTT threads last few days. I've recently decided to go full-time MTT, not necessarily for overall profit potential but because the grind of SNG's was getting to me a bit, MTT's are very stimulating and make you have to think and study a great deal more.

I'd not reccomend them for anybody with a weak stomach, low tolerance for variance or a short bankroll.

[zipppy]

I think it's important to note that you don't have to play amazing post flop poker to be successful at MTTs, at least not at 30s and below. It would of course reduce variance a lot, but simply being patient and disciplined throughout an MTT (which can be very tough) can be very profitable long term.

zip

Well...at least to me... MTT's can be VERY profitable. Bigger return on the investment, but more time invested as well. ( Like someone said though it might even out time wise ).

I am by NO means a pro. But even I have managed to win 2 MTT's in the last year ( @ $10k ) plus 3 final tables and by my stat book over 30 finishes in the money.

I only started keeping track in Nov of 04, but since then I've made a bit over $11k on MTT's. This is over and above all buy in's / entry fee's. This is just MTT's.

So like I said I'm no pro.

But I've played in 5 in the last month...working on REALLY playing the ONE tourney and taking plenty of notes on the players...I've moneyed 4 of 5.

I like a SUPER tight / aggressive style until after the first break. Then I'll add maybe 5 hands to my start list until the 2nd break.

Seems like if I wait on STRONG hands, and stop limping in with crap like KJ, or KTs etc... I don't have to question in my mind ( most times ) if I have the best hand or not. And the strong hands will still get paid.

The time to get AGGRESSIVE ( if you have the chips or if you need 'em ) is when the bubble is approaching...especially when it goes hand to hand play. Pick on the short stacks and the medium stacks. They don't want to fight, they just want to money...

Once the bubble ends. TIGHTEN BACK UP and wait on monsters. Because all the short to medium stacks figure they are in the money now, they have nothing to lose, and they see the blinds getting bigger so they will be going in hard looking to double up. When the small stacks start to fade...then you can settle and find the tight / passive players ( steal blinds ) and the loose cannons... ( who will pay you big on your good hands ).

The variance is this.

In EVERY tourney, live or online, that I've won or done well in... my tourney life ( or close to it ) has come down to a coin flip AT LEAST 4-5 times. If this is not, you're lucky and probably getting good cards.

HTH

I would love to play more MTTs, but I just don't have the time.

There are now some multi-table SNGs being offered on pokerroom.com (where I play cuz its Mac compatible) - but the payouts are more concentrated. A 2 table SNG pays the top 4, a 3 table SNG pays the top 5 - so if you finish ITM, you get a pretty good payout, but its harder to finish ITM.