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My friend insists on playing Double Your Money SNGs

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  1. roneewong roneewong is offline

    French Polynesia

    Posts: 23
    Joined: Jan 07

    Jun 20th, 2008 (6/20/2008 3:57pm)

    What are Double Your Money SNGs you might ask?

    Well my friend plays on Sun Poker (Cryptologic Network) and fell in love with those SNGs. Basically, you have an even number of players at the table (6 or 10) and half of them get twice their buy-ins, while the rest get nothing. Once they all get ITM, everybody shoves ATC obv because there is no money ladder after you get ITM.

    I seriously think it's a bad idea to play those, just because luck is so important. And even if you win, how much more does it increase your roll? Also, the rake is pretty huge for such a luckfest...$5+$0.50 So basically you can only win $4.50 in each at most.

    And don't even think about folding to your death, blinds go up every 10-12 hands if my memory serves.

    He keeps playing those and is in the process of blowing his deposit right now. Anybody thinks it's even profitable?
  2. bthsidesnow bthsidesnow is offline

    Fort Wayne, IN
    United States

    Posts: 584
    Joined: Nov 06

    Jun 20th, 2008 (6/20/2008 3:58pm) in reply to roneewong

    People make money playing HU SNG's and the ROI is basically the same.. I see no reason why you couldn't make money playing these..
     
  3. 8ntmuch 8ntmuch is offline

    Meridian, ID
    United States

    Posts: 989
    Joined: Dec 06

    Jun 20th, 2008 (6/20/2008 4:07pm) in reply to bthsidesnow

    Sounds like easy money to me... only having to make it half way through the field? I can see it creating bad habits however.
  4. JackBileDuct JackBileDuct is offline

    Mactan
    Philippines

    Posts: 784
    Joined: Jan 07

    Jun 20th, 2008 (6/20/2008 4:13pm) in reply to roneewong

    I fail to see why luck is so important. It is a SNG with a flat pay strucutre. Sounds like a decent idea to me for building a small BR. Yes the payout is smaller than winning a traditional SNG but there is actually less luck and less variance. I believe your thought process is skewed and your friend has found a decent ( but slow ) way to build his BR.
  5. 8ntmuch 8ntmuch is offline

    Meridian, ID
    United States

    Posts: 989
    Joined: Dec 06

    Jun 20th, 2008 (6/20/2008 4:20pm) in reply to JackBileDuct

    imagine if you continually played 6 at a time... it could actually add up pretty quickly if you are good at them. I would imagine that the play is soft in them as well.
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