This is a discussion on 28 Steps to big Sunday tournaments. within the online poker forums, in the Poker Rooms section; Yesterday I played in the $215 PS Sunday Warmup, my first big sunday tournament ever. Even though I usually hate donkaments, i actually enjoyed this 


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28 Steps to big Sunday tournaments.
Yesterday I played in the $215 PS Sunday Warmup, my first big sunday tournament ever. Even though I usually hate donkaments, i actually enjoyed this one, so i'd like to repeat this in future Sundays, but tbh, it's a little bit above proper BR management for me.
So I've decided I'd try funding Sunday tournaments by playing steps SNGs. Step 1 cost $7.5 and Step 4 tickets get you into the $215 tournaments. My record so far in step SNGs is that i bought a single step1 ticket and turned it into the buyin for yesterday's tournament, so obviously i think they're easy, but 1 may not be much of a sample size. So I've decided to try a little experiment with those. I'll buy into 28 step 1 tournaments for a total of 28x$7.50 = $210, probably 4 or 6tabling them, and i'll see how many step 4 tickets I can turn these into. Hopefully more than 1. I'll report partial results in this thread while going through this. 
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Have you tried the 60 FPP turbos? I was thinking of giving that a go  maybe playing 510 of them to see if I could do something. They are 100 person sng's that pay like this:
1rst  step 2 2nd10th  step 1 Good luck with your experiment! (gonna move this to poker rooms) 
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Seriously, though, how many hands is that over? Unless you're playing a ton of tables, I don't even see how that's possible. I averaged about that much for a bit, but that was a lucky streak of 1020k hands. It was much lower in the long run. 
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Just out of curiousity, would you say that any particular time of day is easier on these step tournaments? I have a couple of Step 2 tickets and have been putting off playing with them. The equivalent of $27 is far more than I have paid before to play any game/SnG/tournament so I want to try to maximize my chances.

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Also, try to play when i'm not at the tables... 
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re: Poker & 28 Steps to big Sunday tournaments.
Update after day 1: played 4 step1 tournaments for 4x$7.50 = $30. Won 3 step2 tickets (top 2 finish) and 1 step1 ticket (3rd) out of it. Those 4 tickets are worth $88.50, so a nice $58.50 profit in step equity.
Obviously got lucky and ran above expectation, but the standard of play was really bad. Mostly people call too light near the bubble when the payout structure makes it clearly $EV. 
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Day 2 update.
Played another 4 step1 sngs tonight (4tabling). Bought in cash for 3 of them for $22.5 dollars and used the step1 ticket i won yesterday for the 4th one.
I won 2 step2 tickets, got 4th place for $1.5 back and 6th for nothing. That's worth 2x$27+1.5 = $55.5, or a $25.5 benefit over the $30 worth of buyins. That makes the following balance at end of day 2: Buyins: 7 step1 = $52.50 Current worth: 5 step2 tickets + $1.5 = $136.5 
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A note on the true value of step tickets
This is partly translated from a French site: http://www.clubpoker.net/forumpoker...2t64429.html
Let's call a the $ value of a step1 ; b the value of a step2 and c the value of a step3. Step 3 gives 2 tickets to 215$ tournaments and requalifies 3 players to another step3. So we can compute the value c of the step3 as 9c = 2*215 + 3c 6c = 430 c = 430/6= 71.67$ (instead of $82) A step2 gives 2 tickets to step3 ; 2 tickets to step2 and 1 ticket step1, i.e. 9b = 2c+2b+a 7b=143.33+a (1) Finally, a step1 gives 2 tickets to step2; 1 ticket to step 1 et 1.50$, so 9a = 2b + a + 1.50 8a = 2b + 1.50 (2) So we have a system of 2 equations (1) and (2) with two unknows that we can solve and get b = 21.26$ (instead of $27) a = 5.503$ (instead of $7.5) So when you buyin for $7.50 in a step1 with the intention of using step4 tickets for $215 tournaments, you are effectively playing a $5.5+2 tournament, not a $7+0.5 as advertised. That's a hell of a lot of rake, tbh. On the other hand, you have a similar cumulative effect for ROI while moving up the steps, which should compensate this. But it's worth noting that for the average player with no edge or the bad player with a negative edge, these steps are a complete ripoff. 
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Day 3 update
Tonight i started using my step2 tickets and so i mixed two step1 for which i bought in for 2x$7.5=$15 and 2 step2 for which i bought in with tickets worth 2x$27=$54 for a total buyin of $69.
I bubbled both step1 in 4th place and got $1.5 back for each. In the first step2, I got 4th which gives me back a step2 ticket worth $27 and in the other one i won a step3 ticket worth $82. This makes a total of $82+27+3=$112 or a $43 profit for this session. Played another 4 step1 sngs tonight (4tabling). Bought in cash for 3 of them for $22.5 dollars and used the step1 ticket i won yesterday for the 4th one. Overall balance is as follows: Buyins: 9 step1 = $67.50 Current worth: 1 step3 ticket (82) + 4 step2 tickets (27) + $4.5 = $194.5 
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Gonna give a couple more of these a go, tried 2 but was not running hot while I played them, going to do a couple tonight while im in good spirits 
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I tried to keep it up but my $20 bankroll died too quickly I also seem to remember using it for keeping track of my playmoney sessions lol. 
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re: Poker & 28 Steps to big Sunday tournaments.
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Metagame imo 
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Day 4 update
Fired up another 4 steps today. 2 step1 that i bought in for $15, as well as a step2 and a step3 that i bought in with tickets. In total, that's $124 worth of buyin.
Won the step3, got 3rd in the step2 which gives me a step2 ticket back, won a step1 and lost the other. In total, that's 2 step2 tickets and a step4 for a total return of $215+2x$27 = $269 , i.e. a profit of $145. Overall balance is as follows: Buyins: 11 step1 = $82.50 Current worth: 1 step4 ticket ($215) + 5 step2 tickets ($27) + $4.5 = $354.5 Current profit: $272 