Playing for free

[dj11]

Here are the pluses of Syds plan;

-You seldom have to fight all that hard to win the SNG ticket to the bigger tourney, and unregistering for the T$ can be profitable.

A favorite one amongst at least several folks around here are the sats to the 1/4 mil. There are several versions, I prefer the $2+.20 36 seat sats which give out 6 tickets ($11) and some leftover change to a 7th player.

Maybe once in a couple of years have I not got a seat for the 1/4 mil for far less than the $11 buy in to the 1/4 mil. On average I probably pay approx $5 for a seat in the 1/4 mil.

Sometimes when I think the dealer likes me, I will win a seat, then go play another one for the $T.

Here are the negatives of Syd's plan....

-At some point you have to convert the $T into real money. Can't use em in ring play, so you have to play either a big MTT or a SnG. But since we're all poker players here, is this even a negative?
-Uh, I can't think of any others.............................

 

[sky4ever]

the title of the post is misleading, the op is trying to say that you can build up a br by playing satelites. For ex if your br is about 200$ you`re not registering to a 200$ tournament but instead play a zilion satelites for a 11$ buy`in (assuming you don`t go broke) and when you have a br of 10k$ risk it on big tournaments, and that`s when you try to "score big".
The thing is, it`s time consuming and you need a long run to achive this and in the long run it makes no difference if you play normal 11$ MTTs.

 

[swrittenb]

the title of the post is misleading, the op is trying to say that you can build up a br by playing satelites. For ex if your br is about 200$ you`re not registering to a 200$ tournament but instead play a zilion satelites for a 11$ buy`in (assuming you don`t go broke) and when you have a br of 10k$ risk it on big tournaments, and that`s when you try to "score big".
The thing is, it`s time consuming and you need a long run to achive this and in the long run it makes no difference if you play normal 11$ MTTs.

Yeah, QFT. Satellites are notoriously weak games, and can be extremely profitable. If you consider the T$ as a route to real money, which it certainly is if you can cash in tourneys, satellites are a real winner. But like other people have said, the OP phrased it in a .. strange way? Good intentions though, right?

 

[bammi]

The hardest part is placing in fisrt. You have at least 20 other people to beat out . Your best bet would be double or nothing then you just have to b ein the top five out 10 to double your money. Just dont be a donk sit back and take your time only play premuim hands and you will make top five easy. That just a suggestion not saying yours was bad . I know sound great pay 11 make 215 if only it was that easy

 

[SydTheCat]

the title of the post is misleading, the op is trying to say that you can build up a br by playing satelites. For ex if your br is about 200$ you`re not registering to a 200$ tournament but instead play a zilion satelites for a 11$ buy`in (assuming you don`t go broke) and when you have a br of 10k$ risk it on big tournaments, and that`s when you try to "score big".
The thing is, it`s time consuming and you need a long run to achive this and in the long run it makes no difference if you play normal 11$ MTTs.

Yes, I realize it wasn't a good title for my post. I think alot of people misunderstood my point, and some got it...sort of.
Let me try this one more time, and then I'll leave it alone. Of course now since I wrote, this, I have to try and prove my theory....anyways, here goes.

1. Assuming you already have a moderate BR of $250+

2. Enter a satellite. look for one that has multiple payouts such as the $10 + .70 for Sunday Million. Top 2 wins ticket. The first round is not even a full table (usually 3-5).

3. Win ticket for $200 + 15...unregister.

4. You now have 215 T$ to play with. Now the plan is to never play with your real money again. (Free money)

5. You're going to use the T$ to play smaller tourneys. (Use standard BR management) All cash winnings go into your real money account.

6. When your T$ gets low (set a min limit), probally around 150 T$, use your T$ to play the same satellites to win more T$. (might be best to just play satellites at first to get your T$ up above 400 or 500. Your decision.

7. Now, say if your T$ is above your safe limit, theirs no reason why you can't play another Sunday Million satellite and decide to play it. I'm all for the big win too, I was just trying to come up with a way to reduce the risk of your own money to win money.

 

[CntryBoys]

So what happens when u dont cash in 20-20 at $11 a piece u are then out $220 or somethat around there LOL. I can see your logic though but most people want win the 1st time they play the will have to play 5-10 times maybe even more before winning

 

[suit2please]

LOL, its the same exact thing. This post is pointless. It doesn't matter if its $T or regular money it is still the same EXACT thing. All you are saying is use bankroll management for your $T and dont play with non $Ts, but it is all the same money and in reality none of it was free. I mean I could say the same thing but I used freerolls to start my BRs, but my way its ACTUALLY free money while yours is just different money. Just because its a $T means absolutely nothing other than you lose 5% if you want to play ring games with it or cash out.

 

[maolitas]

your theory implies that you win your satellite the 1st time you play it

Othewise, you don't play for free, but play for losing $11 each time you play and lose

 

[jaggibson]

Interesting post. Still no full proof way of making money rather it be T$ or e cash. Everyone has their own ideas good to see an original one at least. Rather it works or not.

 

[sky4ever]

this method has it`s advantages though, sat players are weaker than normal mtts players

 

[moots]

4. You now have 215 T$ to play with. Now the plan is to never play with your real money again. (Free money)

This is NOT free money. It's money that you earned. If you played a regular tournament where the buy in was $11 and you finished in 4th place and won $215. Is this free money? Is it only free money when you win a satellite tournament. I don't see the difference.

Your whole theory seems to be: play low stakes, win at these low stakes, and continue to play low stakes. Rinse, lather, and repeat.

 

[JLtrooper]

T$ isn't free money though. You can easily convert T$ to $USD, pokerstars has even set up a no-scam way of doing it through the Lobby, it is under Requests > Trade Tournament Money.

Usually you can get between 99% and 99.8% conversion rates. So if you win 215 T$ you can convert that to ~$214 which is real money and in no way "free". I see what you are saying, like swrittenb has already said satellites can be extremely profitable.

I spent $15 on a PCA $5+50R tourney today and took down a seat to the qualifier, unregistered for 700 $T, and transferred that to another player I found on 2+2 for $695.

If you plan on putting all your T$ in play I wouldn't convert it, as winning tourneys will do that for you, but if it is a considerable amount of money I would convert to real monies and take that cash.

 

[CheeseConey]

If I am playing a satellite for a larger tourney and win on the first try, I usually unregister and keep the T$. I then work to win my way back in, figuring that I should be able to win at least 1 out of 10 further trys before my initial satellite winnings run out. Therefore, after I win a second time, the touney I won myself into feels like a freeroll to me. Maybe it's just psychological, but it works for me.

 

[tallseas]

I like to play sit n go trn. Also they seem to have better odds.Free money is best way to play all trns.

 

[kevrewis]

i kinda get what you're trying to point out but in the long run playing in tournament and having the money is better to me than just having the tourney dollars because you can cash out the money no the tourney dollars

 

[gopnik885]

well I think you can do it, but much more easy to make this kind of game where the top 2 players get a ticket and the third get his investment back ,and I'm talking about 9 players sit n go