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Pass tha' sugar!
By: NitroHUN
Published: Jul 4th, 2009
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Published: Jul 4th, 2009
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As the title suggests, I'm running red hot like Joe Hachem!
Since the end of my exams, everything seems to have clicked into place regarding poker. I've been getting lucky in some situations, but I also found the perfect types of poker to play. It started a couple weeks ago, when I discovered the $8.80 double shootout satellites to the sunday million. You only have to win two 6-max satellites in a row to qualify. Something we do all the time. And the fun part is that 2nd to 5th also get paid some money, so there wont be angry mouse-cracking after finishing 2nd for no money. Actually, the first time i played it, i started thinking, and afterwards i did some interesting calculation.
Lets imagine that youre a player who playes $8.80 6-max SnG's (I know they actually dont exist, but lets make the theory). You're a better than average player, but far from world class. You finish first and second 20-20% of time, and 3rd to 6th in an equal 15-15%. If you do the math: 0,2*32+0,2*16=9,6 --> 9,6/8,8=1,09
That means you result in a 9% ROI.
However, if you convert these results to the double shootout, you will win the ticket in 0,2*0,2=4% of the time. 2nd to 4th pays $20, you will finish here in every tenth try (4+3+3%), and 3% will be the chance for you to finish in 5th for $13.
0,04*215+0,1*20+0,03*13=10,99 --> 10,99/8,8=1,25
You turned your tiny 9% ROI into 25% without even getting better results, just choosing the game wisely!!! With that in mind, i was able to win the ticket in just 5 tries, resulting in a much-needed bankroll boost.
The next days I spent with cheering for Belabacsi shipping the first (and certainly not last) bracelet for Hungary! The FT ended at 5AM European time, but I didnt feel a tiny bit of sleepiness :) (When the Giants won the Super Bowl against my hated Patriots, it was the same deal, it ended at 3.45AM and i was so pumped up that i went to school the next day with 0 minutes of sleep :))
Then on June 30th i played one of those love/hate MTT sessions on pokerstars. It started at 7PM and lasted until 2.30AM. What did I win? about $80 in profits.... i finished 3rd in a 90-player Hungary-only tour for $50 (first place $100, elimination hand A9 vs KQ) ; 13/2400ish in a $2 six-max for $35 (final table $100-$800; elimination hand AQ vs TT coinflip for above average stack) and micro-cashed a $5 slugfest for $13 (elimination hand AA vs A9 making an ugly flush, equity if I win ~$50).
Obviously I'm happy to finish the day in a profit but it would be much better, if i only won one of those hands...
I wish everyone ggod luck, see you soon
Peter
Since the end of my exams, everything seems to have clicked into place regarding poker. I've been getting lucky in some situations, but I also found the perfect types of poker to play. It started a couple weeks ago, when I discovered the $8.80 double shootout satellites to the sunday million. You only have to win two 6-max satellites in a row to qualify. Something we do all the time. And the fun part is that 2nd to 5th also get paid some money, so there wont be angry mouse-cracking after finishing 2nd for no money. Actually, the first time i played it, i started thinking, and afterwards i did some interesting calculation.
Lets imagine that youre a player who playes $8.80 6-max SnG's (I know they actually dont exist, but lets make the theory). You're a better than average player, but far from world class. You finish first and second 20-20% of time, and 3rd to 6th in an equal 15-15%. If you do the math: 0,2*32+0,2*16=9,6 --> 9,6/8,8=1,09
That means you result in a 9% ROI.
However, if you convert these results to the double shootout, you will win the ticket in 0,2*0,2=4% of the time. 2nd to 4th pays $20, you will finish here in every tenth try (4+3+3%), and 3% will be the chance for you to finish in 5th for $13.
0,04*215+0,1*20+0,03*13=10,99 --> 10,99/8,8=1,25
You turned your tiny 9% ROI into 25% without even getting better results, just choosing the game wisely!!! With that in mind, i was able to win the ticket in just 5 tries, resulting in a much-needed bankroll boost.
The next days I spent with cheering for Belabacsi shipping the first (and certainly not last) bracelet for Hungary! The FT ended at 5AM European time, but I didnt feel a tiny bit of sleepiness :) (When the Giants won the Super Bowl against my hated Patriots, it was the same deal, it ended at 3.45AM and i was so pumped up that i went to school the next day with 0 minutes of sleep :))
Then on June 30th i played one of those love/hate MTT sessions on pokerstars. It started at 7PM and lasted until 2.30AM. What did I win? about $80 in profits.... i finished 3rd in a 90-player Hungary-only tour for $50 (first place $100, elimination hand A9 vs KQ) ; 13/2400ish in a $2 six-max for $35 (final table $100-$800; elimination hand AQ vs TT coinflip for above average stack) and micro-cashed a $5 slugfest for $13 (elimination hand AA vs A9 making an ugly flush, equity if I win ~$50).
Obviously I'm happy to finish the day in a profit but it would be much better, if i only won one of those hands...
I wish everyone ggod luck, see you soon
Peter




