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LiamHooks
Full House


Joined: 22 Dec 2008
Posts: 220

PostPosted: Mon Aug 10, 2009 9:08 pm    Post subject: 9 SEATER, HOLDEM - 4 PAID Reply with quote

Just wondering what everyones opinions on 9 seater 4 paid SNGs. I dont think they have them on full tilt, but they do on absolute. The format for a $20+2 SNG is

1st - $90
2nd - $ $43.20
3rd/4th - $23.40

Iv always thought these were a waste of time and for poor players, and would also be less profitable long term. However after my 10 game no cash run (possibly my worst) and 8 bubbles! I have decided to consider them.

Is this a good idea, or am i just being negative because of this run. I am a winning player with an 18% ROI. So good idea or not?
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itsldog
Royal Flush


Joined: 24 Jun 2007
Posts: 589
Location: Europe

PostPosted: Mon Aug 10, 2009 10:25 pm    Post subject: Reply with quote

If you think poor players are in them, I think its well worth it to get in there. I say play them instead of your usual game for a few days and see how you fare.

I understand how you feel, I tend to bubble a lot also.

But, I also agree with you. These don't seem very profitable in the long run.
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templar rage
Royal Flush


Joined: 30 Dec 2008
Posts: 771
Location: Rhode Island

PostPosted: Mon Aug 10, 2009 11:13 pm    Post subject: Reply with quote

I agree that these probably wouldn't be profitable in the long run. Probably best case scenario is that they are like short-stacking ring games, in that you win, albeit very slowly. Finishing 3rd/4th is useless because you get 13% of a prize pool that you contributed 11% to, hardly worth the effort IMO. You would need a high percentage of 2nd and 1st place finishes to justify playing these long term, and if you could manage that, why wouldn't you just play normal structure SNGs?
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itsldog
Royal Flush


Joined: 24 Jun 2007
Posts: 589
Location: Europe

PostPosted: Mon Aug 10, 2009 11:30 pm    Post subject: Reply with quote

I might see these being nice if your moving up in levels and don't want to take as many big swings at first.
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junkbutton
Forum Cooler


Joined: 17 Feb 2006
Posts: 4907
Location: Gutterrock, NY

PostPosted: Tue Aug 11, 2009 6:25 am    Post subject: Reply with quote

I think Double or Nothing SNGs make a lot more sense than these. What's the point of cashing for a dollar profit?
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PokerJessO
Royal Flush


Joined: 28 Jun 2007
Posts: 612

PostPosted: Tue Aug 11, 2009 1:27 pm    Post subject: Reply with quote

junkbutton wrote:
I think Double or Nothing SNGs make a lot more sense than these. What's the point of cashing for a dollar profit?


If you're continually finishing 4th, making a dollar is much better than losing 20.

You can look at it two ways: it's either a low variance/profit table, or it's low-risk practice.
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junkbutton
Forum Cooler


Joined: 17 Feb 2006
Posts: 4907
Location: Gutterrock, NY

PostPosted: Tue Aug 11, 2009 5:53 pm    Post subject: Reply with quote

PokerJessO wrote:
junkbutton wrote:
I think Double or Nothing SNGs make a lot more sense than these. What's the point of cashing for a dollar profit?


If you're continually finishing 4th, making a dollar is much better than losing 20.

You can look at it two ways: it's either a low variance/profit table, or it's low-risk practice.


Couldn't DorN's but the same thing, though? These would lower the variance even more.

Plus, I don't think that the lay-player would quite understand the reasoning behind why there would be a game offered like the OP describes... A double of nothing is very straight forward. It makes sense. This? Not so much... Personally I don't care... I enjoy playing the DorN's once in a while at Stars, but it's not something I'm looking for here.
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HuJwang
Forum Blight


Joined: 20 Aug 2006
Posts: 8691
Location: Vancouver, BC

PostPosted: Tue Aug 11, 2009 6:37 pm    Post subject: Reply with quote

in general, anything you do to decrease your variance will almost always decrease your win rate.

lessening the amount of money on the bubble is probably a bad thing. a lot of your edge in these games comes from playing aggressively on the bubble when other players are playing scared, not wanting to bubble. when the mincash is only 1 buyin instead of 2, people will be playing less scared.
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LiamHooks
Full House


Joined: 22 Dec 2008
Posts: 220

PostPosted: Wed Aug 12, 2009 3:58 am    Post subject: Reply with quote

as i thought i think ill just ride out the bad run and do some reading and up my game, im obviously a winning player and wouldnt be good for the long run, but oh this variance is stressful at times
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