Buy in strategy

StealTheButton

StealTheButton

Rock Star
Silver Level
Joined
Dec 22, 2019
Total posts
323
Chips
21
Do sit and go regs here have a strategy for their buy-ins to maximize profit and minimize risk? I play sit and go on pokerstars PA and unfortunately, there are not a lot of games offered and they are all 6 max turbo. What I will often do is buy in a $10 and $20 at the same time.
In these tourneys since they only pay 2 places and the prize pool is not very large, your goal is to cash every time. So I try to at the very least break even. If I have won the 10 dollar buy in for $36, I may take some chances more so than if I had busted out of the first one. For example calling an all in as only a slight favorite, or making a big semi-bluff if I think it will be successful a large percent of the time- ITM aprox 40% of the time. This has worked very well for me.

I can only play on my mobile so I cannot play more than 2 tournaments at a time. Maybe some of you will play a large field tournament and some small sit and go's at the same time? The smaller sit and go's will have a lot less variance, so it's important to blend some of those in, if that is important to you.
 
F

fundiver199

Legend
Loyaler
Joined
Jun 3, 2019
Total posts
13,514
Awards
1
Chips
308
Even on the big pokerstars.com site most of the SnG regs play multible different buyins and often also formats. So do I, although I will sometimes try to keep an entire session in the same format.
 
foran

foran

Rock Star
Silver Level
Joined
Jun 17, 2012
Total posts
393
Awards
1
Chips
1
there must always be strategy and bank control.
 
BelFish

BelFish

Legend
Loyaler
Joined
Aug 11, 2019
Total posts
2,279
Awards
2
BY
Chips
99
There is an absolutely exact bankroll formula that works for all poker formats.
You yourself can choose what risk of ruin is acceptable for you, for example 5%, 2%, 1%, ...

B = (D / 2m) * ln (1 / R)

B - bankroll
D - variance
R - risk of ruin

For example, for a cash games with a winrate of 7.5BB / 100 and a variance of 100^2 BB^2 / 100, choosing a ruin risk of 5%, we get:

B = (100 * 100/15) * 3 = 2000BB

Everyone knows the rule of 20 stacks...

You can also calculate for SnG, knowing your winrate and standard deviation over a long distance.
 
Top