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Go Back   Poker Forums > Texas Hold Em Rooms > Advice & Strategy > Theory, Advice, Strategies

profit in SNG's

Theory, Advice, Strategies

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Old 08-13-2006, 12:45 AM
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Two Pair
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interms of keeping records of hands player.. ur gonna need to use a program like poker tracker or poker office. both have free trial periods of x amount of hands.. but they cost a 1 time fee if u decide to keep using it. Poker tracker costs $55. It lets u try it out for the first 1k hand.

Interms of keep records of profit.. u can create a simply spreadsheet that could be used to do so.

1st 20 0.134228188
2nd 25 0.167785235
3rd 28 0.187919463
4+ 76 0.510067114
149 1
894
0.291946309
0.291946309

That is my last 149 games.
i usually have 4th and then 5+.. but the 1 above is my general 1. i segment my sng's into lots of 30.
  
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Old 08-13-2006, 08:37 PM
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in terms of tracking your sng profits / losses - the likes of poker tracker/ poker indicator etc can be helpful but the best is probably something like sharkscope (provided you play on sites it has info on) and you can use this on anyone who hasnt asked for their info to be removed. Might be an interesting data protection act issue for UK people interested in dull laws that probably couldnt be enforced...

anyway interesting post bsquad.

Two comments from me though
1) good players make money also by getting more 1sts and 2nds etc. I think that if i have anything from 1/4 of tourney chips when it comes to HU (provided blinds are not too huge) i will be a decent favourite similarly many positions in third with low stack i can hold off for 2nd or better etc many strong players have more quality wins than 1 in three
2) some sites show you who has the best sng stats on their site or other peoples sites (leader boards etc) - on party the best seem to between 58 and 63%!

ps one of the reasons I play mainly 2 table games is that i dont have the consistancy to make as high a profit at them as I would like where with the 2 tables a higher quality of average win allows me a few more brain farts (off games/plays) than 1 table games
  
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Old 08-13-2006, 11:10 PM
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Quote:
some sites show you who has the best sng stats on their site or other peoples sites (leader boards etc) - on party the best seem to between 58 and 63%!
Wow 58-63% ITM... Thats awesome. With stats like that I would definitely quit my day job. I come in around 45% myself in the $5-$10-and $20 single table sng's and although i do make a profit it's minor. I agree that your average placement when you do come ITM makes a difference. I feel the same as you when the payout structure hits. I don't know my exact stats but It feels like I finish 1 or 2 far more times than 3. I'm going to look into it further to see how accurate my assesment is on that.

Stats just intrigue me. I love calculating them even when i don't know what the hell I'm doing. LOL... But certain stats can give you valid information as to which part of your game needs adjusting. I think anyone who takes this game serious and wants to improve should know which % they are finishing ITM. If the % is too low then they should seek further stats that will tell them why. I hear people talking about "aggression factor" being a key stat. What should the proper "calling" stat be? What about "raising"? % of hands played? Pots won with and without showdown? I know each situation is different depending on a number of factors. But there should be a "goal" or "common number" assigned to each stat that a person should be looking to strive for. (ex: Pots won at showdown.... I have evaluated this stat over and over in my games. When its 60% or higher I can almost gaurantee you I will finish ITM. When its 45% or lower I can almost gaurantee you that I wont finish ITM. ) Generally,I have no control over this stat. If get my money in the pot w/ the best hand and it holds up 60% of the time I'm gonna win some cash. If it doesnt i wont. But I found the numer that works for me (60%) and I try and achieve that goal each time. Maybe that means I will fold more before the river when generally I might have called w/ something like TPTK. Maybe I'm not betting enough and allowing others to hang around to the river when a larger bet might have made them fold on 4th street. Or maybe I'm betting enough and have the proper reads but its just not my day and someone catches the river str8 or flush when I did everything in my power to get them to fold. Regardless of why, I know what my number is and I think every stat should have a number assigned to it (albeit every persons "#" may be different depending on their style of play).

Sorry for carrying on. I tend to do that.
  
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Old 08-14-2006, 12:05 PM
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i dont worry too much about my personal stats - so often they are determined by how my opponents are playing. If there are a lot of limpers into the flop who then will bet big/call big with top pair and a poor kicker then i will see more flops

If i am up against people who are tight and fold a lot then i will bet alot - if players are betting big preflop then i will sit back and choose my spot
  
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