Quote:
Originally Posted by The Drifter
Yes, I do. In terms of buy-ins, you're going to need a larger bankroll at a 20% raked game than a 5% raked game. The swings will be more pronounced at the $100 level, in terms of buy-ins. So, in order to play through a downswing, you might need to maintain a bankroll of 50 buy-ins at the $100 level, and 20 buy-ins at the $520 level. $5000 vs $10400. One could start with a smaller bankroll and build it, as long as they don't start in a downswing.
This is all very speculative, of course. In order to play through a downswing, you need the games be available, and run often. It is also possible that the $100 is just not beatable long term. "Sample size" is currently tough to come by. After 16 $100's I'm up about $450.
If you visit the STT forum and read the faq, you ll see that the suggested BR for STTs is 100 BI. Tournaments and SNGs definitely don't work like cash games in that regard.
As far as the $500 SNG goes - theoretically speaking, because in practice, they don't run- what you gain in reduced rake, you lose in increased competition. It's easy for recreational players to donk off a $100 2-3 times for a SNG. In sharp contrast, there isn't a giant pool of loaded recreational players ready to donk off $500 in an SNG. That's how it works in all levels of the game: higher stakes mean less rake, better players, higher potential profits, but also increased variance due to smaller edges.
Either way, it's not an issue whether SNGs are they currently run are beatable. They definitely are. The issue for a guy who takes playing seriously or professionally is that due to rake and the down time that you have to endure between games, the hourly is probably a bit less than what a good player can do at $1-2.
Personally, I play them because I feel more confidence in my sng game than my cash game and because I find them more fun than cash.
And they are fun! There is a big rush of adrenaline when it's 4 or 5 handed and you re worried about finishing ITM, while the increasing blinds are putting pressure on your stack and you do flips where you can see your opponents cards and you can give or suffer a giant suck out. And after that, there's a big element of competitive spirit set in as you try to finish as high as you can, even take in first. And when you do, it can feel very very satisfying.
If you haven't already, give it a go!
Last edited by OvertlySexual; 05-27-2014 at 11:35 PM.