Sit n' go challenge

[The Menace Ennis]

Go back to the format when you were winning early.

[JPwizard]

Nice idea Dean but on the bankroll management side of things. If you were planning to play 200 games at $2 each you may have wanted slightly more then $39 as a start off point.
As you have already seen if you go on a bad run this task will be over before you know it.
Also as million$tedz said the tournies should have remained the same

Dont play full ring SnG turbos. If you are on the button from the off the blinds can some times of trebled or quadrupled before they even reach you. If you play turbo play the 5/6 player tables

[DeanDmac]

OK heres an update for you all. . .

The rakes are a joke, really are restricting my ability to be profitable.

Tournaments played 59

Bankroll $38.27 ($0.20 down)

I decided ignore my own advice and continue to play Turbo's aswell as standard tourneys and found that my performances are way too erractic. So my strategy going forward is 2 x 10player standard tables. If I extrapolate my data from my massive down turn after 20 tournaments im looking at some very healthy progress. (estimate 16.99% ROI after 200)

The rakes are hurting! $11.80 in 59 tournaments! I am tempted to change sites just so I can save myself the additional rakes as it works out at $40 total over the 200 sessions. However im seeing it as even more of a challenge to beat the RAKE!

Since my 13 tournament losing streak, I've not lost more than two in a row and am generally cashing every other tournament.

Tournaments played 59

1st place finishes 5

2nd place finishes 12

3rd place finishes 7

Not cashed 35

[swinebag22]

Rake is killing you here! If you wer paying $0.20 instead of $0.40 you would have an ROI of about 10%. You have 40% cashes which is the figure to aim for to be profitable. If you can keep to 40% cashes and the ratio of 1sts to 2nds to thirds evens itself out, you should get a decent profit here and an ROI in the 20s

btw, I would record/post your bubbles as well.

Scrote told me that players with an edge tend to finish 4th more than anywhere else in 9/10 player STTs.

[Breadfan]

Also, bear in mind that, at this level, the games are full of bingo players.
Variance will swing wildly, playing full games against a pile of calling stations, and one of them will almost always outdraw you.

[Dice Man]

Good idea on including the number of bubbles you make. Common sense suggests that if you were the average player you'd be finishing in every position 5.9 times (number of games you play over 10 places), so clearly at the moment you need to be winning the whole STT a bit more.

[DeanDmac]

Finally after 65 tournaments I have broken even, and even moved into a slight profit. Unfortunately my progress is alot slower now due to me only duel-tabling and not 4 tabling aswell as sticking to standard speed, but the totrioise always wins the race. So I have a return on investment calculation so far. . .

Invested $156.00

Winnings $161.40

ROI $5.40

Thats a whooping ROI of currently 3.46% wuhoooooo! I had 15% in mind but I would expect this to increase as time goes on. Its worth noting that as previously pointed out I am being spanked for a 20% rake as oppose to a standard 10% rake. This currently amounts to a whooping $130 over 65 tournaments (65 x $0.20) If I factor this into my ROI calculation it increases to 11.79%! ( ($5.40+$13)/$156.00 x 100)

As much sense as it makes to switch sites purely for the rake I am going to continue on BlueSQ just so that I can have a pure ROI calculation. (Simply factor the 8.33% for the rakes at the end).

I'll try and cram some more tourneys in this week to keep the post going! Unfortunately this weekend was way too good to sit in all day on my computer!

[ajtombs]

dean dmac - its not $130 dollars over 65 sit and goes - that would be a $2 rake lol its $12

serously i was pissed off today in a 180 player sit and go i was short stacked and needed to take action

like 30 players left top 18 paid

im big bling everyone folds - small blind raises putting me all in

i was so low i had to call with jack 4 - what does he show? jack three!

oh and guess what? on the flop a 3 comes! how fucking typical

but that one hand summed up that whole tournament for me

i was probably involved about 5 or 6 hands throughout where i was ahead pre flop - or ahead when i called - ahnd ended up losing - so it didnt suprise me to go out on that hand

just one of those things, but it pisses me off a lot!
for example had pair of 8s and flop came something like queen 4 6 - he bet - i raised - then he did a huge raise (think he went all in) - for some reason i just didnt put him on a queen at all - i called (had him covered, was a large amount of my stack) - he turns over Ah Jh (on the flop were two hearts) - so good read by me as i was ahead, he had nothing - but then hit a heart on the turn

after that, my tournament didnt really recover - but i pretty much had stuff like that throughtout the tournament

[JPwizard]

180 Player SNG??? surely this is just an MTT

AJ you need to read Deans post again. I did exactly the same thought he meant $130 rake but thats how much he has invested without the Rake

[rodbuck]

ROFL

JP beat me to it. 180 runner sit and go? hmmmmmm. Thats 180 runner sit and stay.