I've now played 1,438 sit and go no limit hold'em tournaments. I've come in first 251 times, and second 313 times. That means I'm making the money at a 39.22% clip. That seems like it should be excellent, but in fact it's just barely over the SNG profit line, given the expensive PokerStars entry fees. Had I played all 1,438 of these tournaments at the $44,000 buy in level, which has a $6,000 entry fee, my profit would have been a meager $92,800. My ROI would have been a minuscule one tenth of one percent. These harsh numbers certainly give me pause. If PokerStars ever increases their entry fees again (which they've already done twice that I know of), it would be financial suicide for me to continue playing sit and gos. As it is, it's still pretty much of a fool's errand. That said, I really like playing sit and gos, and I really like the action, so I'm just going to keep playing them. Damn the torpedoes, full speed ahead :-)
style flavor buy_in entry players hands place winnings
SNG NLHE 44000 6000 6 22 6 0
SNG NLHE 44000 6000 6 119 1 171600
SNG NLHE 44000 6000 6 24 5 0
SNG NLHE 44000 6000 6 52 3 0
delta: $-28,400
Sit and go no limit hold'em balance: $3,007,240
balance: $10,560,329
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