Showing posts with label clawing my way back to profitability. Show all posts
Showing posts with label clawing my way back to profitability. Show all posts

Sunday, May 10, 2015

Clawing my way back to profitability

Some time ago, I concluded that it was practically impossible to make a profit playing sit and gos. With my recent good results, however, I need to reassess this. As it turns out, I've almost clawed my way back to sit and go profitability. Here are my current career sit and go results:

place    count(*)
1    120
2    130
3    135
4    117
5    99
6    66
count(*)
667


If I'd played all of these sit and gos using the $50,000 buy in, $800 entry fee structure, I would have made a profit of $3,166,400. If I'd played all of them using the $45,000 buy in, $5,000 entry fee structure, I would have lost a grand total of just $5,000. That's essentially breaking even. I find that really encouraging!

style flavor buy_in entry players hands place winnings

MTT   HORSE    4500   500       6     8    59        0
SNG   NLHE     4500   500       6    80     1    17550
MTT   8-Game   4500   500       6   134     7    11840


delta: $14,390
MTT 8-game balance: $124,930
balance: $8,990,879