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19honu62 ( Cowboy )

/Sep/2011

Moving up the Ladder

By: 19honu62 @ 13:22 (EDT) / 433 / Comment ( 1 )
Okay Posse,

I have come up with my next personal challenge and that is to play 1000 x $3.50 sng's for profit then move up to $7 and play 1000 and then $15 etc.
I am currently 430 games into my 1000 games and taking 25 buy ins have turned it into $255.84 so I am in good shape. I am always working with 25 buy ins at each level or busto.
Depending on how you do the math I am profiting as follows

Starting buyins - 25 x $3.50 = $87.50
Current bankroll - $255.80
ROI = $255.80 - 87.50 / 87.50 x 100 = 192.34%

alternatively

430 games played x $3.50 = $1505 
total cash won - $1659.33
ROI = 1659.33 - 1505 / 1505 x 100 = 10.25%

I always prefer the first way with the logic being that if you give me $87.50 and after a set period of time I return to you $255.80 and dont care how i made it then your profit is 192.34%. I could play 4000 games or just 1 and I am still returning $255.80!

Gidee Up!
:Cowboy:
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