Quote:
Originally Posted by 2Good2BThru
Still rofl at this one
Let me know if you win 38% at 15 or 30$
The bottom line is: in spin and go's your results depend largely on what the multiplier is on the tables that you win, something that requires pure luck
This makes them primarily a crapshoot. Of course if you happen to win a 3600x table after 5000 games you will be +EV, but is that what poker is about?
You better take a refresher course in math. Every single hand of poker is almost pure luck, a years worth of poker is almost pure skill. Spin and go's are no different. If you want to reduce the luck factor, you have to be committed to play a LOT of these over a year, because rakeback will be crucial for a player to make a profit if he misses the top 3 payout levels entirely. The $30 game player can earn about 40k in rakeback playing 50,000 games in a calender year, and will earn 100k in rakeback if he plays 122,000 in a calender year which will earn him Supernova Elite.
The key win rate to hit is 35.5%. (if you're going to play at least 50,000 of these in a calender year). Even if you are unlucky enough to get nothing back from the 120x, the 240x, and the 3600x levels, you will still make a profit that's worth your time(depending on what you value your time at). If you can win 36.0%, there's decent money to made in these, but I have no idea if that's obtainable. 35.0% will almost guarantee you wont lose money, but if you get shutout in the top 3 levels, you could find yourself grinding a whole year for peanuts.
The problem is, who is going to put the time and effort in to get so good at these that they'll be able to reach 36%?, and then take a whole year at 10+ hours a day to test the win rates. The math is solid: if you play 50,000 of these a year and win 36%, you will profit between 45k-80k and that's without hitting a single 3600x. If you play 122,000 of these a year and win 36%, you're looking at between 100k-200k a year without hitting a 3600x.