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08-21-2005, 12:53 PM
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Join Date: Nov 2004
Location: Essex, UK
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$30 SnG total (almost) domination
I moved up to $30/3 SnGs a while back and have developed a pretty solid strategy which while not quite as tight as Steve-O is not far from it.
Anyway after 50 SnGs I've monied in 24 (48%) and have a $375 profit at 22.7% ROI.
I'm not getting as many firsts as I'd like due the nature of my strategy making it straightforward to burst the bubble but usually in 3rd in chips. Further tweaking is underway to try and resolve this.
Anyway this is blatant self-congratulation even though I'd like to see those numbers sustained to 200 entries before I break out the fireworks 
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08-21-2005, 01:09 PM
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change my title babo
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Join Date: May 2004
Posts: 6,758
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good job
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08-21-2005, 01:28 PM
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Poker Expert
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Join Date: May 2004
Location: Berkeley/Kansas
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how was your ROI back in the $20s?
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08-21-2005, 01:35 PM
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PokerForums God
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Join Date: Sep 2004
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that ROI seems very low. Maybe you need to scarifice some monies for more firsts?
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08-21-2005, 01:36 PM
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Join Date: Nov 2004
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Down around 10% though only over about 30 entries.
At $10 it was around 16% over several hundred sngs.
My cash has been mainly built around MTTs with small returns from SnGs and recently I thought I'd have a concerted go at coming up with a long-term winning approach that paid. Although there are still idiots at $30 it's a lot easier to build a table image and play off of it than at $10
If I can keep it going to 100 then I'll move to the $50 and see how it goes. Interesting to see if I have an approach that is more consistent as I move up the levels (would be nice  )
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08-21-2005, 01:38 PM
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Banned
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Join Date: Nov 2004
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You're right Beav. It should be higher. I've taken some nasty beats heads up, but it's still a low ROI for the number of monies. I'm working on some changes to try and get to 30%.
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08-21-2005, 03:38 PM
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Join Date: Nov 2004
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Just came 4th, 3rd, 5th.
I made a couple of moves that I perhaps wouldn't have to try and build a stack and I suspect it cost me the money on at least one of them.
Now of course I don't know if I was +ev in the long run, but I think I'll go to 100+ entries with my current game to see where it comes out. Any win at this point with only 50 played is worth +7% ROI so it's a bit early to draw defintive conclusions though I'm sure the wins will still be hard to come by.
The other factor is that if I can develop a game consistent enough to money 45%+ of the time then I won't need a huge ROI if I can take it up the buy-ins eventually.
Just thinking out loud.
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08-21-2005, 03:44 PM
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Poker Expert
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Join Date: May 2004
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48% ITM is great... but it seems like you need some work on your short-handed low M game...
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08-22-2005, 05:13 AM
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Join Date: Jun 2005
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Agreed........I was seeing these types of results until I finished HOH II.........It's all about the end game. Since then I have far more 1's & 2's than 3's.
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08-22-2005, 05:35 AM
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Congrats Irexes,
Just a note - I've recorded a lot of my SnG efforts and yes.. you will need to play at least 300, seriously, to get the deviation to slow down enough.. you will find that 50 SnG's is really nothing, as you can not place in your next 5 in a row and that will drop your ROI dramatically.
I believe I was at like 45% when I had was at the 50 SnG mark, but then later that dropped fast.
An interesting thing too, that I noted, was the more SnG's I played, the worse my ROI got.. but only after a certain number was it unprofitable. For example, my ROI was highest when I only played 1 at a time, but if I played 3 at a time, it would only lower by about 5-10%. The difference is you're playing 3 at a time, so you're making 3x as much via your ROI per hour (a SnG averaging one hour). But then as I started to play 4, 5, 6, 7 SnG's at once, my ROI dropped DRAMATICALLY - to where I was just breaking even basically.
So it's definitely need to experiment and see what the best way is to increase your hourly profit. I'm not sure yet (I haven't played much poker at all in the past 2 months so my experimentation isn't done yet), but I'm thinking the 3 SnG's at once was best, I believe I was averaging $30 an hour doing that. Which isn't much better than a decent job, but if you truely average that say over 500 SnG's, then really all you have to do is work 4 hours a day and you're making decent money..
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