Join Date: Jun 2012
Posts: 5,905
$600 = 300*25*x
x = $0.08 profit per sng is required
If the rake is 5%, and you get 35% of your rake back, you will earn the following in rakeback:
$3.5*0.05*0.35 = $0.06125 per game
Thus you will need to win 0.08 - 0.06125 = 0.01875 per game to meet your goal.
ROI(req'd) = $0.01875/$3.5 = 0.00535 or 0.54% ROI.
1) I've never played sngs, so take anything I say with a grain of salt. The math is sound though.
2) Your 8% ROI is almost certainly running really really hot. A lot of SNG players expect to break even and earn money exclusively from rakeback, although I would hope that players at the $3.5 level are making big enough mistakes that you can actually turn a profit in those games.