The Bankroll Building Project (Guide to Micro-Limit SNGs)
by Chris "Fox" Wallace

Guide #1 Micro-Limit SNGs
posted by fox on October 15, 2007 @ 2:45 am
I just read that a solid SNG player and fellow poker coach Jennifear claims 6,000 SNG's at the $5 level with an ROI of 51%. While I would need a ton of SNG's to match the skill she has worked so hard to acquire, it tells me that the 47% ROI that I have now might not be impossible to maintain. Obviously you need to be a very good player to get your ROI above a certain level, but if 50% is possible then a typical solid player, following my guide, should be able to crank out 10% or even 15% without too much work.

I have also invited Jennifear to come teach for us at pokerfox.net and make some videos, but she claims to lack the skills necessary. Anyone with an ROI over 50% in SNG's is ready to start teaching in my opinion, so maybe I can sway her. Jennifear! Come join us!

I haven't had any time to play this last few days, but I hope to play some $10 SNG's starting tomorrow. I should have numbers on those within a few days, and I'll be looking at $25 no-limit games as soon as my bankroll hits $500. At some point SNG's won't be the most profitable thing to do, but I'm not sure where that level will be.

A Great Early Morning Session
posted by fox on October 13, 2007 @ 6:39 am
I couldn't sleep this morning, so I played a set of SNG's, and wouldn't you know it, I cashed in four out of the five that I played, for a $27 profit. ROI is back up to 47% in the $5 and $6 tournaments. Current bankroll is almost $270, and I'm getting ready to move up to the $10 tourneys and see if the competition is any tougher. Click the thumbnail below for my spreadsheet that has all my SNG results from the project so far.

A Small Correction
posted by fox on @ 3:55 am
My win rate sowed down a little bit this last 24 hours when I played 9 SNG's and lost $2 over the session. That leaves me with an ROI at the $5 level of 35% which is still quite good, maybe even too good to maintain over the long run. I strongly believe that 25% is achievable, which gives me some interesting numbers. Playing 4 tables of $5.50 buy-in, 9 handed SNG's at an ROI of 25% yields the following numbers.

$1.37 per SNG

$0.15 per SNG in rakeback, Full Tilt points, etc.

7 SNG's per hour.

$10.64 per hour in net profit.

Starting with $150, a solid player could be up to $400 in just 25 hours of play. At that point they are ready to take on the $10 SNG's. Hopefully I can put the hours in soon, current bankroll is around $240, because I have had so little time to play.

The first guide will be on beating the $5 SNG's and how to make the most money from these games. It may be a few days, but it will be ready soon. I will also have another SNG video as well as a no-limit cash game video on the site within the next day or two.

Current results for SNG's after playing seven more today -

I'm up $73 after playing 24 sit and go's, running at a 52% ROI. That may not be maintainable, but these games are easily beatable for half that and maybe close to the 50% ROI number. We'll see soon as my sample size gets larger. Current bankroll is $240, and I have $13 in rakeback earned as well. I am not counting Full Tilt points since I am occasionally playing other games on this account and I had a random odd number to begin with.

More SNG's
posted by fox on @ 3:12 am
I played another seven sit and go's tonight, and the play was as weak as ever. After trying a few 6max tables and turbo's versus non-turbos over the last few days I think I have enough information about my opponents to start writing the guide to beating them. The play is certainly weak enough to make good money playing them.

Tonight's Results -

Buy-in Cash Out

$5.50 $0

$5.50 $0

$6.50 $0

$6.50 $12.60

$5.50 $10.50

$6.50 $22.50

$6.50 $0

-------------------------

$42.50 $45.60

Total profit a measly $3.10, but it was a good learning experience and generated some rakeback too. Not bad for an hours work on such a short bankroll, though it's nothing like last night's awesome results.