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Thread: Profit

  1. #1
    Fish Food
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    Default Profit

    Thanks for the advice on the last thread!

    Ive got my money up to $550 and now playing $5 SNG's

    I cant 6 table yet untill i get my new computer, I'm currently 4 tabling and just wondering what profit I should be making when I put $22 in for 4 tables and on average what is a good take from this??

  2. #2
    River Rat Ipokergood's Avatar
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    Default

    Quote Originally Posted by zerealdeal View Post
    Thanks for the advice on the last thread!

    Ive got my money up to $550 and now playing $5 SNG's

    I cant 6 table yet untill i get my new computer, I'm currently 4 tabling and just wondering what profit I should be making when I put $22 in for 4 tables and on average what is a good take from this??
    Playing $5 SNGs you should avg around $1 a game.

  3. #3
    (Formerly Steve-O) Steve Ruddock's Avatar
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    depends on your skill level, but at $5 S&G's you can probably make up to $2 per game minus the rake (somewhere between $.25 and $.50, so $1.50 to $1.75 MAX) --this would be absolute max earnings. Most will be between $.50 and $1
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  4. #4
    Check Raiser ImNotSpecial's Avatar
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    why would it be so little, sorry i may sound very very stupid at the minute.
    But wouldnt it be more, or are you thinking on a basis of like 100 games average ? not all 1st/2nd place finishes ?
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  5. #5
    (Formerly Steve-O) Steve Ruddock's Avatar
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    A $2 profit per $5 game is a 40% ROI (more like 35% when you add in the rake), I think this is possible for really strong S&G players (but typical winning players will be around 20%) in games>$5, but once you get up to even $10 and $20 games your ROI is likely to be 10-15% tops, and from there it will just keep going down.
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  6. #6
    Chaser
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    Default

    Personally if i'm up $550 I'd go ahead and step it up to the $10sng's or even some $20 double up sng's

  7. #7
    Fish Food
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    A $2 profit per $5 game is a 40% ROI (more like 35% when you add in the rake), I think this is possible for really strong S&G players (but typical winning players will be around 20%) in games>$5, but once you get up to even $10 and $20 games your ROI is likely to be 10-15% tops, and from there it will just keep going down.

    Steve, so if that is the case I willl be making with ROI% at 20 for $5 SNG's i will be making $1 an hour. But if I step it up to $10 SNG's and my ROI% goes down to 10% then I will be making the same amount? Would there be any point in going up?

  8. #8
    (Formerly Steve-O) Steve Ruddock's Avatar
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    pretty much, but you you won't see your ROI vut in half on that jump maybe 5%. Additionally, if you never step up to the $10's, you'll never step up to the 20's and so on.

    When I first started out I used to play $10 S&G's and I would mix in a $20 every fourth tournament or so. Once I was comfortable with that I would play 1/2 and 1/2, and eventually moved up to just the $20's. I did this all the way to the $50's before switching to cash games
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  9. #9
    PokerForums God DeeYakaBaka's Avatar
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    A 40% ROI for STT's is a fairly pie in the sky figure tbh and I seriously doubt anyone is running like that over any significant (or even insignificant) sample. The guys on the Sharkscope leaderboards for 2010 at the $5 level are only at a little over 20% for the year.

    If you have an ROI of anywhere between 10-15% and have the discipline to improve your game before increasing the number of tables you play or jumping up in levels too quick, then you're going to do fairly well.

    You're never going to make a massive profit per SNG which is why serious SNG players are referred to as grinders - they have to continually grind out the profits at a reasonably low rate per SNG but in return they make decent money by playing large volume.
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  10. #10
    (Formerly Steve-O) Steve Ruddock's Avatar
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    A 40% ROI for STT's is a fairly pie in the sky figure tbh and I seriously doubt anyone is running like that over any significant (or even insignificant) sample. The guys on the Sharkscope leaderboards for 2010 at the $5 level are only at a little over 20% for the year.
    I agree, but if you took the best $50+ S&G players and put them in $5 S&G's they would be in 30-40% ROI territory, the only reason you don't see these ROI%'s is because anyone capable of making them will move up in limits. But if you took a guy like z23fanatic and gave him $200 to build a bankroll I would bet his ROI in the $5 games would be in the 30-40% range.

    It also depends on which site you are playing at
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