Double or Nothing SNGs.....

[AMRN]

Started seeing these popping up all over the place now - 10 seat SNGs with top 5 taking the money equally - ie double your money.

In theory, any decent SNG player should be able to make steady (albeit slow) bankroll progress in these games...... BUT, does the 10% fee have a bearing and make the payout unreasonable?  ie getting paid in 50% of your games would not be enough to break even.... in a $50+$5 game, the payout would only be $100, therefore $45 profit against a $55 stake.

Sounds like pretty poor value to me..... any thoughts?

[Roscopiko]

My general feeling towards these are that they might currently provide a good steady (albeit slow) bankroll build at $5 to $20 level where there are still maniacs playing and throwing away their chips.

I am fairly sure at higher levels where the majority play correctly you are just playing against variance so you will only cash around 50/50 and so the reg fee kills any profit.

Sure there will be some who make more but don"t see it as great value and they are boring as sin!

[Swinebag]

They are good bankroll builders providing you cash 2 in 3, to give an ROI of about 20%.

I played 40 on BSQ and cashed in 23 giving me <5% ROI. However it does have a turbo structure which can rely on you needing to actually win a hand or 2 to get paid. There are alot of players who dont get the format and do crazy things (like betting into an empty sidepot when short stack is allin on the bubble)

To be honest, I got very bored playing them and didn"t enjoy playing them

[smileriraq]

made $150 dollars playing on em last month $5.50 buy in

does help boost your bankroll but playing too much can stagnate your game as your playing to make the cut as opposed to trying to win the game

[Jon MW]

I"ve been playing them on Pokerstars.

You really should be able to cash in at least 2/3 of them so I would recommend them as bank roll builders - - but they are boring to play.

[AMRN]

well, I started playing after I made my post, and I"m pleased to report that I have a much better ROI on these than anyone who has declared their ROI in this thread..... I have 81% which is the maximum with a 10% fee!!!!

[OK, off to play my second one now )

[Chipaccrual]

well, I started playing after I made my post, and I"m pleased to report that I have a much better ROI on these than anyone who has declared their ROI in this thread..... I have 81% which is the maximum with a 10% fee!!!!

[OK, off to play my second one now )

I was impressed for a few seconds.  Keep up the good work.

Would be interested to know what ROI poeple manage to turn on these over a reasonable number of games.

[TightEnd]

I am 16 of 16 currently on these on 3 sites combined

Play them as a sat where you need to finish 5th or higher.

Avoid early gambles, and you"ll usually lose 2-3 players to mistakes in levels 1-2

win a hand levels 3-4 and cruise through

Its not poker, its nut peddling and mistake avoidance only

Biggest problems are boredom and I think it can spoil your broader game

If you need to build up a bankroll in a v low risk way though, recommended if you ahve patience!

[Swinebag]

"patience required" / "boring to play"

This seems to be a running theme here. I suppose multitabling is a way forward here. No offence to our sponsors but I am going to take up leigh"s challenge on a site that has a longer clock than the 4 minute levels on BSQ/ipoker.

i"ll play 100 and report back in a week or so, with graph attached!

[HaworthBantam]

That could be quite interesting, Rob. Prefer a PowerPoint presentation though.  

[nosey-p]

I like the pie charts best  

I wonder what the next post is going to say  

[Jon MW]

Field of cones graph

[HaworthBantam]

I like the pie charts best  

I wonder what the next post is going to say  

Hmm, pie......

[oneill1970]

Well, A N Other poker site gave me some temporary money to play with a couple of months back, and I stuck it into those SnGs.  Low variance, I reckoned, and it"s merely a case of clinging on until the final five.  Mind you, the all-in fest immediately after the bubble is always fun!  Personally, though, 1st for more money is preferable, I think.

does the 10% fee have a bearing and make the payout unreasonable?  ie getting paid in 50% of your games would not be enough to break even

You"ll need to win more than your stake in any SnG to break even, but if you"re better than the average player, this shouldn"t be a big problem.  If you"re much better then I guess that top-heavy payments are the way to go.  If you"re only marginally better then maybe this route makes more sense.

[jacklevel06]

Played 3,cashed 3,bored sh**less.