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1.50$ full ring 45 player Turbo SnGH

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1.50$ full ring 45 player Turbo SnGH - Tue Oct 29, 2013, 03:34 PM
(#1)
ShaneC1231's Avatar
Since: May 2013
Posts: 3
Hey players! Have a question about how I'm doing. I used to be terrible and I lost a ton of money at poker, but recently I got a little more serious about managing my bank roll and started keeping stats. After about 200 games of 1.50$ 45 person Turbo SnG's I'm finishing in the money about 35% of the time. I haven't been keeping track of my ROI although I'm starting to and I will post that once I've got a reasonable sample size. But based on what I've got now...How am I doing? Is this a good rate to finish in the money? I know turbos tend to have a lot of variance but I like the higher speed of action. Thanks!
 
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Tue Oct 29, 2013, 04:59 PM
(#2)
slettuce's Avatar
Since: Aug 2010
Posts: 221
35% ITM is great.
Keep it up.
 
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Tue Oct 29, 2013, 07:21 PM
(#3)
brettnz's Avatar
Since: Aug 2011
Posts: 377
Hi I have a mantra for poker that I adapted from business


ITM IS VANITY ROI IS SANITY

This is a play on " Turnover is Vanity , Profit is Sanity"

I used to investigate businesses that had problems HUGE TURNOVER ,some multi millions of dollars ,but they were going broke ,there was two reasons (1) Fraud ,which doesnt apply here (2) NO PROFIT !.If your turning over $1,000,000 but its costing $1,000,001 to do so your stuffed arent you ? no profit no point.

Same with Poker

How often you are ITM does not mean a lot if your only min cashing all the time,it is even possible to have a huge ITM and still have little or even no profit, so why its great to say "Im in the money 35%of time" Its a hell of a lot better to say "Im ITN 5% of time but making ROI of 20% because when I go ITM I go deep"
So if your not tracking your ROI then dont worry about your ITM its just an ego driver if not being looked at with ROI considerations.
Thats what I think and certainly when Im looking at Staking a Horse (a player who has my $ invested in them) Im always looking more at ROI than ITM in fact a high ITM but low ROI is a huge RED FLAG for me and if that is true for your game it should be for you also as its pointing to a leak in your middle /late game ,the $$$ end of the game,so best you find & track your ROI asap
Regards
brettnz
@LostInPoker

ps i HAVE JUST WRITTEN A BLOG ON THIS THAT CONTAINS THIS POST AND A BIT MORE INFORMATION IF YOU WANT TO TAKE A LOOK AND COMMENT ,CHEERS


Double Bracelet Winner


Last edited by brettnz; Tue Oct 29, 2013 at 07:40 PM.. Reason: INFO ADDED
 
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Wed Oct 30, 2013, 03:00 AM
(#4)
slettuce's Avatar
Since: Aug 2010
Posts: 221
brettnz, my reply was specifically aimed at 45 man SnG's and NOT MTT's.
I agree with your response, but just wanted add the above sentence for clarity.
It's just that my approach to SnG's is a lot different to my approach to MTT's.

Maybe I'm wrong and would appreciate your input on this.
I will read your blog for more info.

thx
 
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Wed Oct 30, 2013, 09:44 AM
(#5)
JWK24's Avatar
Since: Jun 2010
Posts: 24,832
(Super-Moderator)
BronzeStar
Hi slettuce!

I play 45/90's and MTT's. I approach both the same. The only difference is that I will hit the bubble faster and then the FT faster. My philosophy is the same, but things just happen quicker.

John (JWK24)


Super-Moderator



6 Time Bracelet Winner


 
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Wed Oct 30, 2013, 02:20 PM
(#6)
slettuce's Avatar
Since: Aug 2010
Posts: 221
Thanks John

Information is power, and I always try to keep an open mind in order to improve my game.
So I will adapt my approach accordingly.

Thx again.

SL
 
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35% ITM is great! - Sat Nov 02, 2013, 08:50 PM
(#7)
AspieGen's Avatar
Since: Nov 2012
Posts: 5
BronzeStar
I just had a day where Iplayed 30 of those and I had an ITM% of 40 and ROI% of 22,2%. There pretty easy to ITM, IF you don't call All-Ins unless you absolutely have to. The loss of chips is devastating and will leave you with having to shove marginal hands. If you shove instead of call, then you can take down the pot pre flop and maybe even flop something good and double up. So in my opinion it is far more valuable to shove than call.

And no bluffing, play straight ABC and don't call down light, again loss of chips is no good, since it's a turbo and they don't come back quick enough. If you have around 6,000 chips in the late stages, take it easy and wait for FT, then when then bubble is gone, go crazy and bust or double.

Enjoy,
/aspieGen
 

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