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Double or Nothing Profitability?

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  1. Menstruating Menstruating is offline

    NY
    United States

    Posts: 139
    Joined: Sep 08

    Oct 12th, 2008 (10/12/2008 1:26pm)

    Has anyone played a large enough sample to offer any insight as to potential ROI? Forgive me if this is a re-post; I have used the search engine tool and have found nothing to help me in answering this question. Links to previous threads appreciated! Thanks.
  2. JechtSphere JechtSphere is offline

    Posts: 3,446
    Joined: Feb 06

    Oct 12th, 2008 (10/12/2008 2:32pm) in reply to Menstruating

    I've played 824 $10s and only ran at 6%. My last couple sessions were atrocious and my worst downswing in them yet. I may have tilted a bit during that. Plus for a few hundred games I was adjusting. I'd say 8-12% should be sustainable with enough effort put forth.
  3. Menstruating Menstruating is offline

    NY
    United States

    Posts: 139
    Joined: Sep 08

    Oct 12th, 2008 (10/12/2008 3:43pm) in reply to JechtSphere

    Wow.... that kinda sucks actually. This is not meant as offense to you. One would think that solid SNG players would increase profitability commensurate with the fact that there is less variance....
    Thread Starter
  4. BKCloutier BKCloutier is offline

    East Amherst, NY
    United States

    Posts: 148
    Joined: Sep 05

    Oct 12th, 2008 (10/12/2008 4:03pm) in reply to Menstruating

    For me im happy with 10% roi in them, I was a 10% roi at the non turbo sng's so for me I can play more of the doubleups in 1 hour that I can in the non turbo sitngos. And the fees are cheaper and that helps out a ton if you play 100 of them a day.If you play 20+2 full ring sitngos at pokerstars and do 100 a day you save 120 bucks a day playing the doubleups.
  5. HoldemJunkie HoldemJunkie is offline

    Rapid City, SD
    United States

    Posts: 291
    Joined: Jul 07

    Oct 12th, 2008 (10/12/2008 4:24pm) in reply to BKCloutier

    I haven't put in a big enough sample not even close but I agree with a few posts ahead. I assume a solid SNG player should have way more than 10% ROI.
  6. BantaCruz BantaCruz is offline

    Edinburgh
    United Kingdom

    Posts: 91
    Joined: Aug 07

    Oct 12th, 2008 (10/12/2008 4:45pm) in reply to Menstruating

    Less variance doesnt necessarily mean an increase in ROI. Just have to look at what ROI a good MTT player can achieve compared to a good STT player. MTT's obv have higher variance.
  7. DntCaltACmBk DntCaltACmBk is offline

    Toronto
    Canada

    Posts: 1,048
    Joined: Aug 07

    Oct 12th, 2008 (10/12/2008 4:55pm) in reply to BantaCruz

    Has anyone else found that most players have pretty much figured out these double or nothings and just play solid TAG until it's bingo time? Can they still be profitable or are they becoming coin flipaments?
  8. FallTroy FallTroy is offline

    Clarion, PA
    United States

    Posts: 149
    Joined: Feb 08

    Oct 12th, 2008 (10/12/2008 5:02pm) in reply to DntCaltACmBk

    i play them extremely aggressive...it seems like people just hang around while im stealing blinds. by the time the bubble hits i have enough chips to survive the blinds...people play very scared in these things
  9. stripclubgm stripclubgm is offline

    Sacramento, CA
    United States

    Posts: 1
    Joined: Sep 07

    Oct 12th, 2008 (10/12/2008 5:08pm) in reply to DntCaltACmBk

    I've played about 9 of them and cashed in 7, seems ok so far...
  10. CM_Smith CM_Smith is offline

    Antarctica

    Posts: 159
    Joined: Jan 06

    Oct 12th, 2008 (10/12/2008 5:34pm) in reply to BKCloutier

     
    Originally Posted by BKCloutier View Post

    For me im happy with 10% roi in them, I was a 10% roi at the non turbo sng's so for me I can play more of the doubleups in 1 hour that I can in the non turbo sitngos. And the fees are cheaper and that helps out a ton if you play 100 of them a day.

    You're saying you have a 10% in non-turbo stts?

    <TABLE class=sortTable id=t1 borderColor=black border=1><TBODY id=tablerows><TR class=sortTable id="RickiSlade#pokerstars& E9-10 R- Spd=N No Sat."><TD class=sortTable align=middle>RickiSlade </TD><TD class=sortTable align=middle>530</TD><TD class=sortTable title="The Av. Profit is the Average Profit Per Game after rake has been subtracted." align=right>$1.1 </TD><TD class=sortTable title="The Av. Stake is the average tournament buy-in amount." align=right>$17 </TD><TD class=sortTable title="The Av. ROI is the Average of each game's Return On Investment. It is the average of each (Payout-(Stake+Rake))/(Stake+Rake). This is not the same as total ROI which is (Total Payouts-(Total Rake+Total Stakes))/(Total Stakes+Total Rake)." align=middle>5%</TD><TD class=sortTable title="The Total Profit is the net profit for this player (and includes rake)." align=right>$602 </TD><TD class=sortTable title="Super Hot=6 straight payouts. Hot=3 straight payouts. Tilt=4 straight losses. Super Tilt=8 straight losses." align=middle>-</TD><TD class=sortTable align=middle>PokerStars</TD><TD class=sortTable align=middle>E9-10 Spd=N No Sat.</TD></TR></TBODY></TABLE>
    Or the DoNs?

    <TABLE class=sortTable id=t1 borderColor=black border=1><TBODY id=tablerows><TR class=sortTablealt id="RickiSlade#pokerstars&10/2/2008 10/12/2008 E10-10 R- No Sat."><TD class=sortTable align=middle>RickiSlade </TD><TD class=sortTable align=middle>168</TD><TD class=sortTable title="The Av. Profit is the Average Profit Per Game after rake has been subtracted." align=right>-$0.2 </TD><TD class=sortTable title="The Av. Stake is the average tournament buy-in amount." align=right>$12 </TD><TD class=sortTable title="The Av. ROI is the Average of each game's Return On Investment. It is the average of each (Payout-(Stake+Rake))/(Stake+Rake). This is not the same as total ROI which is (Total Payouts-(Total Rake+Total Stakes))/(Total Stakes+Total Rake)." align=middle>-4%</TD><TD class=sortTable title="The Total Profit is the net profit for this player (and includes rake)." align=right>-$35 </TD><TD class=sortTable title="Super Hot=6 straight payouts. Hot=3 straight payouts. Tilt=4 straight losses. Super Tilt=8 straight losses." align=middle>-</TD><TD class=sortTable align=middle>PokerStars</TD><TD class=sortTable align=middle>10/2/2008 10/12/2008 E10-10 No Sat.</TD><TD class=sortTable>x</TD></TR><TR class=sortTable id="RickiSlade#pokerstars&10/2/2008 10/12/2008 E10-10 R- Spd=N No Sat."><TD class=sortTable align=middle>RickiSlade </TD><TD class=sortTable align=middle>83</TD><TD class=sortTable title="The Av. Profit is the Average Profit Per Game after rake has been subtracted." align=right>-$1.7 </TD><TD class=sortTable title="The Av. Stake is the average tournament buy-in amount." align=right>$12 </TD><TD class=sortTable title="The Av. ROI is the Average of each game's Return On Investment. It is the average of each (Payout-(Stake+Rake))/(Stake+Rake). This is not the same as total ROI which is (Total Payouts-(Total Rake+Total Stakes))/(Total Stakes+Total Rake)." align=middle>-9%</TD><TD class=sortTable title="The Total Profit is the net profit for this player (and includes rake)." align=right>-$141 </TD><TD class=sortTable title="Super Hot=6 straight payouts. Hot=3 straight payouts. Tilt=4 straight losses. Super Tilt=8 straight losses." align=middle>-</TD><TD class=sortTable align=middle>PokerStars</TD><TD class=sortTable align=middle>10/2/2008 10/12/2008 E10-10 Spd=N No Sat.</TD></TR></TBODY></TABLE>

    Over a significant sample, which is only a few people have, 10
    % would be absolutely killing these, imo.
  11. BKCloutier BKCloutier is offline

    East Amherst, NY
    United States

    Posts: 148
    Joined: Sep 05

    Oct 12th, 2008 (10/12/2008 5:38pm) in reply to CM_Smith

    I play 90% of my games at cakepoker in the last 6 months.
  12. BKCloutier BKCloutier is offline

    East Amherst, NY
    United States

    Posts: 148
    Joined: Sep 05

    Oct 12th, 2008 (10/12/2008 5:41pm) in reply to BKCloutier

    Is 1000 a good sample size for the DonN's? I will have that much at cake by the end of the week?
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