grinding triple up sit and gos?

J

jj white

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Hi everyone,

I'm thinking about trying the triple up sit and gos to build up my roll a little and was wondering who might be doing this? If you have been successful with these please let me know if you can. What type of ROI is attainable as well as how often should I finish in the money to make this work. Thanks everyone!

JJ
 
XXPXXP

XXPXXP

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how fast is the speed? turbo or regular?

i think round 15% is very good ROI for SNG players, good luck
 
frozensprx

frozensprx

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Actually for Triple-ups I believe you would have to have a 33% winrate to break even and a slightly higher winrate to be profitable due to rake.
 
G

G_8T8_v

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I play the reg speeds on pacific poker, my roi is 25% over a 400 game sample. i use to play the turbos and my roi was anywhere between 8-12% over 1500 games. 33% in the money sounds about right to make a profit in these games. I find them quite profitable as they attract a lot of fish and people looking for a quick triple up. Do you know any other sites that offer these formats in sit and go's as the rakeback on pacific is practically nothing playing at lower- medium stakes with not a lot of action.
 
Matt Vaughan

Matt Vaughan

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Actually for Triple-ups I believe you would have to have a 33% winrate to break even and a slightly higher winrate to be profitable due to rake.

ROI is not the same as ITM win-rate. But you're right: 33% ITM win-rate for triple-ups would be slightly less than break-even (0% ROI) because of the rake.

Assume you buy in for $X, and for ease assume zero rake. If you get ITM you will receive $3X ($2X profit). If you lose you get nothing (-$X profit).

So 15% ROI implies for every $X you buy in for, you expect to PROFIT $0.15X.

Profit/game = [(ITM Amount - BI) x (win-rate)] - [(BI) x (1 - win-rate)]

So for these numbers if you wanted a 15% ROI, here's your necessary win-rate:

0.15xBI = (3BI - BI)x(WR) - (BI)(1 - WR)
0.15xBI = 2xBIxWR - BI +BIxWR
1.15xBI = 3xBIxWR

WR = 1.15/3 = 38.33%

Kinda half-assed that, so anyone feel free to jump in correct me if that's dreadfully off somehow, but I think it's right. An WR or ITM% on triple ups of 100% would be an ROI of 200%, and a WR of ITM% of 33% is an ROI of 0%.

Obviously it changes a little bit with rake. A 10% rake for this same game means your win-rate now has to be 41.66% for a 15% ROI. Rake sucks :)
 
kltpzyxMrM

kltpzyxMrM

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I see those on Bovada and they look interesting, but Im not sure the optimal strategy to approach those with the flat top 3 pay structure. Do you play them straight forward like normal sngs until you're down to 6 handed and then treat them like Double or nothings?
Or play them more like the old beginner 's that pay top 5?
 
Matt Vaughan

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I don't know what the blind structures are like, but in principle they would work exactly like double or nothings, just with more KOs required. Strategy-wise it just depends on what stacks are like at what point in the game, and being really good at bubble play.
 
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