Originally Posted by WizardRubic
The rake there is 5%? Is that right?
If you can't beat the 1 dollar sngs, I don't think you should be trying the 3.30 sngs. While it is aggressive management, I can't see it turning out too well.
I don't agree with you. You can beat $1 sng games by having ITM as high as 50% and still come out as loser. This is simply because of horrible rake at microstakes. If I recall, rake for $1 games are 20%. Usually, most games are 10%. Rake for cash games are 5% and they rake upto $3. But stakes way higher than 2NL-10NL, they have rakes capped at $3. So it means upto $60 pot, they're raking 5%. Anytime pot goes over $60, THEN rake is better since maximum rake is $3, hence making rake % lower.
Although I was able to grind my way to $1200 profit on Full Tilt, starting from 30 cent Daily Dollar satellites, to 80 cent BLT satellites, to $2 super Double Deuce Satellites, to $6 double deuce satellites, while also grinding 2NL and 5NL, I do agree with OP. It's just too painful to play at $1-2 sngs, 2NL-5NL cash games, not to mention the horrible rake. I was able to do it because I was getting rakeback, while utilizing full tilt points to satellite into daily dollar and BLT tournaments for free almost every single day, which gave me huge advantage and good boost to my bankroll. I was able to play Daily Dollar and BLT tournaments for free and anytime I cash, it was a pure profit and good boost to my bankroll. I also used full tilt points to satellite my way into bigger tournaments too, such as double deuce and midnight madness all for free. I also played private freerolls
such as cc and rakeback's sites.
But to think of myself of purely grinding through $1 sngs or 2NL without those bonuses, rakebacks, points, etc, not to mention the extreme horrible rake, it's just horrible and makes me want to puke.
My advice to OP is two options.
1. Deposit more money, find bigger games with better rake.
2. Look for freerolls(private ones of course) and build it up until you get at least $200. This is the option I'm currently doing since I play freerolls from my rakeback provider's site. I'm doing this because after Black Friday screwed me over and having $800 locked up, I am extremely reluctant to deposit. And also, by just playing freerolls, you're saving time and you can do other stuff in life or if you're serious about poker, look for live home games(which have better or no rake) or casinos
. I rather just play freerolls few times and win big than wasting my time grinding at 2NL or $1-2 sngs. But I've never played on WSOP site and dunno what it's like there, if they offer public/private freerolls or not.
Grinding those $1-2 sngs and 2NL is clearly waste of time. I play on ACR for 2NL games for fun using money I won through freerolls when I'm on my computer and want to play poker. But I don't grind like I used to.