Return on Investment
If you're planning on playing many Sit-and-Go's (SNG's), then, just as with
regular cash-tables, it's important to keep track on your average profit. (or even better just swap: When planning on playing many Sit-and-Go's (SNG's), it's important to keep track on your average profit, just as with regular cash-tables)
However, you cannot use the number of big bets per 100 hands, as you
normally do at these kinds of cash-tables.
Instead you use the so called "return on investments" (ROI) to determine how you did.
To calculate your ROI you divide your total profit by the total amount of buy-ins for all SNG's you played for a fixed
buy-in.
An ROI of 0% means you broke even, a negative ROI means a loss and a positive ROI equals profit.
Your goal is therefore to get as high of an ROI as possible!
To make it easy to track your ROI, use an excel spreadsheet.
Click on the link below to download an example spreadsheet (Thanks to Pzyko from the Dutch forum!).
Click here to see an example excel sheet to download (thanks to Pzyko!)
Next to all this, it is of course important to use wise
bankroll management.
You need the following bankrolls to adjust for the normal fluctuations of low
buy-in SNG's.
Buy-in Minimal Bankroll :
$5 $150
$10 $250
$20 $500
$30 $750
$50 $1250
$100 $2500
To get a reliable ROI , you have to play at least 100 SNG's with a fixed
buy-in.
ROI's are not completely reliable , especially when you're just starting, since you
will obviously learn more while you play many SNG's.
Before you
raise your
buy-in, you should have a minimal ROI of 25% over the last 100
SNG's or 20 % over the last 300.
Obviously your
bankroll should meet the minimal requirements of the above.
The higher the stakes, the better your opponents will be.
An ROI of more than 35% is considered very good.
An ROI of 50% is generally seen as the absolute maximum and is considered reachable if you play extremely well.
On SNG's with a higher
buy-in than $100 this becomes virtually impossible.
A lower ROI on such games means a lot more money though in absolute terms ->
(50% of $50 = $25 , 25% of $200 = $50).
Try to build up your ROI's on the lower buy-ins to 35%, before you move on to higher buy-ins.
If you move on to $200
buy-in SNG's, you have probably figured out what's wise and what's not by then!
But remember: You want to have an ROI of 10% on $10 SNG's, rather than a 0% ROI on the $200 ones!