How much to spend on satellite tournaments

EchoEllis

EchoEllis

Rock Star
Silver Level
Joined
Apr 22, 2013
Total posts
132
Chips
0
Hi, so just wondering how much you would suggest spending on satellites to a tournament? Lets say you are either going win into it or not play. What % of the full buy in would you suggest spending before giving up??
 
bprpm

bprpm

Rock Star
Silver Level
Joined
Oct 21, 2015
Total posts
135
Chips
0
It's hard... I would like to know too...
Sometimes I loose more then buy in, but was in the my first days of poker in real money...
Normally I play hyper-turbo is more easy....
 
H

hffjd2000

Legend
Silver Level
Joined
Jan 6, 2014
Total posts
2,329
Chips
0
You must have much patience and cash back since less percentage you enter the money/entry/ticket right away.

As they say, try and try until you succeed.
 
L

Lilyanabg

Rising Star
Silver Level
Joined
Oct 26, 2015
Total posts
16
Chips
0
For sattelites I play Sit and go 6 max Hyper-turbo.Hot Hotter Big Bigger :1.10,2.20,3.30 e.t.c.
 
EchoEllis

EchoEllis

Rock Star
Silver Level
Joined
Apr 22, 2013
Total posts
132
Chips
0
bankroll isn't the problem, I could spend £1000 on satellites into a £300 if I really wanted to but what I'm asking is when does how much you have spent dictate you SHOULD give up ? I'm thinking of setting myself a 33% limit of the full buy in. Is this too low? Maybe 50% at most, I wouldn't see any point going any higher than this personally.
 
Farseer

Farseer

Rock Star
Silver Level
Joined
Sep 2, 2014
Total posts
388
Awards
1
Chips
3
As long as it is well profitable. I don't really like playing satellites for shotting into large high-variance tournament, but I play them for T$ and occasionally to get in soft high buy-in tournaments like some majors. Some hypersats offer good value shots to soft and big tourneys.
 
beger80

beger80

Rock Star
Silver Level
Joined
Apr 18, 2015
Total posts
256
Chips
0
between 25% and 75% depending on the tournament I'm trying to enter vs my actual bankroll even though I think this isn't the best bankroll management as I have heard some upper level grinders say play the tournaments you are rolled for until you can buy into the other tournaments but also these players sell pieces for the higher buy ins.
 
P

ph_il

...
Silver Level
Joined
Feb 5, 2005
Total posts
10,128
Awards
1
Chips
25
Bankroll isn't the problem, I could spend £1000 on satellites into a £300
This wouldn't make sense since you could just buy into the £300 tourney directly.

According to Jennifear:

You can spend whatever amount of money to play satellites, and be 100% br mgmt compliant if:

If you are pro:

- You are beating the game
- If it's a satty to a must play trny, you have 200x the bankroll of the target trny.
- Calculate 2000/(the % of the field that gets seats). That's how many buyins you need in your bankroll to play the satty if the trny is not a must play.

If you are a recreational player that could replace their bankroll if need be:

- You are beating the game
- If it's a satty to a must play trny, you have 100x the bankroll of the target trny.
- Calculate 1000/(the % of the field that gets seats). That's how many buyins you need in your bankroll to play the satty if the trny is not a must play.

^^These are pretty conservative recommendations, but they'll do the job.
 
EchoEllis

EchoEllis

Rock Star
Silver Level
Joined
Apr 22, 2013
Total posts
132
Chips
0
As I said, bankroll isn't the issue, doesn't seem that anyone else has thought about it the same way I have...
 
P

ph_il

...
Silver Level
Joined
Feb 5, 2005
Total posts
10,128
Awards
1
Chips
25
As I said, bankroll isn't the issue, doesn't seem that anyone else has thought about it the same way I have...
If bankroll isn't an issue, then what is the point of the thread?

I could say to not spend more than 25% of your BR on satellites, but you can just say "Money isn't an issue and I can spend 75% of my BR." So, whatever we're saying is pointless.

However, bankroll should be an issue. It might not be an issue if you can constantly reload, but when buying into satellites, a limit should be made. If you're trying to satellite into a $300 buy-in MTT and the satellites are $10 MTTs, does it really make sense play 30 of them? Or in your example below, does it really make sense to spend $1000 on satellites to get into a $300 MTT?

I've already left a post on Jennifear's approach to BR management into satellites which I think you should apply.
 
EchoEllis

EchoEllis

Rock Star
Silver Level
Joined
Apr 22, 2013
Total posts
132
Chips
0
"If bankroll isn't an issue, then what is the point of the thread?"

Just because I have 10, 50 or 1000 buy ins of a target tourney doesn't mean I always want to spend that much to play it when I can win into it

"I could say to not spend more than 25% of your BR on satellites, but you can just say "Money isn't an issue and I can spend 75% of my BR." So, whatever we're saying is pointless.

No it's not. This is exactly the answer I want. There has to be a cut off point for satellites. I'm asking what would you recommend, 25%? 75%? 100%? If I say 33% as a starting point what do you think of that? Ridiculously unrealistic or achievable?? This is what I want to know.

I don't see how BR management comes into it when I'm not grinding big buy in MTT tourneys for a living. I use BRM for cash or sit n gos. Completely different pot to what I use for big buy in MTT games. They are one offs I play every now and again to try n hit that big score.
 
P

ph_il

...
Silver Level
Joined
Feb 5, 2005
Total posts
10,128
Awards
1
Chips
25
BRM still comes into play because you are using it to buy into a satellite tournament.

Did you see the post I copied from Jennifear? Can you plug that formula in and see what you get?
 
Poker Tells
Top