Try this plan out.......
I got this from an other site......check it out .....i know it talks about the 10c sit an goes found on a poker site
called the fishtank....but if you adjust to your sites lowest price sit an go it still works....as long as your honest..... to come back down a level or admit that your cant beat players at a certain level
Hope this helps........
A lot of you have been reading my efforts at mastering SNG's starting at the 10c level. Since I'm a BAD PLAYER (tm), my personal rule is that I have to finish in the money 50% of the time over a 100 game stretch. This is my choice while I'm learning the game even though I have enough money to play higher.
In thinking it over and talking with several members, we've come up with a "Fast Track" method to build a bankroll. I think it is just safe as any method I'm using and will be a lot of fun to try out.
The idea is that you can move up a level when you have 20 full buyins at your current level plus one buyin at the next level. The catch is that you have to move back down if you ever fall below that level. For example, if you start at the 10c SNG's:
You can play 25c when you have $2.47 ($2.20 + .27)
You can play 50c when you have $5.95 ($5.40 + .55)
I did a little test assuming we knew we could get in the money 50% of the time with an even distribution of 1st, 2nd and 3rd, give us and ROI of 36%, which is very good. Following the Fast Track bankroll rules, it would take 240 SNG's to turn $2.20 into $200. (Note that I've played 142 10c SNG's and have won $2)
A few things to note:
We would spend an average of 36 games at each level before moving up - of course a hot or cold streak might change that, but moving up every 36 games or so seems very reasonable.
Once we reached $200 we would be playing $10 SNGs and coming close to moving up to the $15 ones.
If we continued this until we had 20 buyins at the top Fishtank SNG ($200 + $15) we would have a bankroll of $4300. (I didn't try to figure out how many games that would take - if you make enough to stay at the $10 you'll be winning a lot of money)
Try it out ..... its low risk... an you know where you are.......