The high chaparral

I never watched the western T.V. show "The High Chaparral", but I've always liked the name; it resonates with me. Playing sit and gos with the intention of making a long-term profit is an extremely ambitious undertaking; one might more appropriately call it a fool's errand :-) I hereby dub this quest my high chaparral! Last night, I played eight sit and gos, and came in first twice. My heads up skills were in full working order, but I didn't get to heads up enough times in order to make a profit on the night. I noticed two big differences from the last time I played $50,000 sit and gos:

1. each player is now allotted a starting stack of just $500, instead of the previous amount of $1,000; that's dramatically less "oxygen" to work with
2. strictly speaking, the new $50,000 sit and gos are actually $45,000 sit and gos, since that's the new buy in; the entry fees have shot up dramatically, from $800 to $5,000

Here's how I did:

buy_in entry_fee num_players num_hands place winnings

 45000      5000           6        15     3        0
 45000      5000           6        72     1   175500
 45000      5000           6        16     5        0
 45000      5000           6        23     4        0
 45000      5000           6        15     3        0
 45000      5000           6         2     6        0
 45000      5000           6         8     4        0
 45000      5000           6        38     1   175500

If I'd been playing under the old conditions, my loss on the night would have been considerably less - $16,400 instead of $49,000. What all this boils down to is that it will be even harder to make a profit playing these sit and gos than it was before, which was plenty hard. I relish the challenge!

delta: $-49,000
tournament balance: $1,119,090
balance: $8,001,789