A little more on Sit & Go's

Steve-O · #1 (**permalink**) 01-25-2005, 06:11 PM

This is kind of for Beavis and marm because i know they pay attention to this but anyone is free to give their thoughts.

I just finished my 56th S&G since I started playing them again recently, about a week or so.

they are all 10+1, 2 table NLHE on party.

Now I've never paid attention to these stats before but I have been tracking them this time.

In the money 28 out of 56, or 50%

Return on investment 104% I'm averaging $11.46 profit per tourney (I think I did the math right?)

My question is how do these numbers stack up? Is it possible to do better than this or am I pretty much peaked out at what I can make here? Obviously this is not a huge sample but it is a somewhat reasonable amount to start to determine my averages.

I'm curious to know if basically the best I can do is win $11 on average in these (it's really not worth my time if this is the case, I can make $15 an hour just playing 2/4 O8). Have you heard of people doing better than this longterm?

Beavis68 · #2 (**permalink**) 01-25-2005, 06:31 PM

what is the payout structure?

30% is about par for 1 tables, not sure about 2-table, but 100% seems pretty damn high, how long do these take?

bonchkid · #3 (**permalink**) 01-25-2005, 06:31 PM

104% .. thats ridiculosuly high.. $11.46 profit per $11 dollar tourney? Hmm... that sounds wrong.. post your tourney results lemme see please

Profit divided by investment..

Steve-O · #4 (**permalink**) 01-25-2005, 06:35 PM

the payout structure is

1st - 80
2nd - 60
3rd - 40
4th - 20

If I make the money about an hour and a half, i've yet to have 1 go 2 hours.

And yes Bonch i can handle basic math my results are right! I meant figuring out 11.46 profit to the % number bonch

Beavis68 · #5 (**permalink**) 01-25-2005, 06:43 PM

so, lets do some simple math.

10 tournaments cost 110 bucks, you would have to make 220 to have a 100% ROI, you ITM is 5, so you would have to average a little over $40 per win.

Doesnt look hard to me (that is if I could manage a 50% ITM in these games, and that is amazing).

Looks like a pretty good deal steve!.

Steve-O · #6 (**permalink**) 01-25-2005, 06:53 PM

It's not bad, and I really don't have to pay too much attention until it is shorthanded, so I can multitable a couple other games at the same time.

Like I said it's only 56 tournies so my results might change but I don't think they would change remarkably.

bboy · #7 (**permalink**) 01-25-2005, 06:56 PM

If you can have 104% ROI and 50% ITM on $11's I think you should move to $22's. There you should definately make more than your $15/hr at 2/4 O8.

Steve-O · #8 (**permalink**) 01-25-2005, 06:57 PM

Thats my dillema BBoy.