Gigabet Prop Bet SNG Challenge

The C Kid

Has anyone been following the development of this bet recently, and if so does anyone have an opinion on whether the challenge is possible to complete, not only by Gigabet but also by anyone?

JuliusFranco

what is this bet? win 5 in a row?

Iago

JuliusFranco wrote:

what is this bet? win 5 in a row?

ROFLMAO

I think it involved him having a higher than 70% ROI rate over an extended period of STTs. Not only that he could do it once but that he could consistently maintain it over an extended period of time. Interesting challenge, I personnally find it hard to believe that variance wouldn't make this impossible, but it's interesting none the less.

The C Kid

JuliusFranco wrote:

what is this bet? win 5 in a row?

Nope that was tried on another message board recently without success I think.:D

Briefly the challenge is as follows:

Gigabet will start with $165 on party poker and play exactly 100 sngs at the $11 level, and then move up to exactly 100 sngs at the $22, he will continue doing this and moving up all the way to the $215s. He can only and must only play 100 sngs at each level, and at any time if he can't afford to buy-in to whatever level he is at, then he automatically loses.

The challenge developed around these threads

http://forumserver.twoplustwo.com/showthreaded.php?Cat=0&Number=4450048&page=

http://forumserver.twoplustwo.com/showthreaded.php?Cat=0&Number=4402391

http://forumserver.twoplustwo.com/showflat.php?Cat=0&Number=4527123&an=&page=&vc=1

I'm not sure whether anyone will be good enough to complete this.

CoD

i think it's

He has a $165 bank roll

and has to play 100 STTs of each type in party without going broke starting with the $10 to the $200.

And he's betting people $10k he can do it.


edit: grr beat me to it

ollyk1

The C Kid wrote:

Has anyone been following the development of this bet recently, and if so does anyone have an opinion on whether the challenge is possible to complete, not only by Gigabet but also by anyone?

Can I just say "You B*stard"

I've spent over two hours reading 2+2 on this and its been fascinating. Not the white noise you understand but the discussions on BR and online ROI and actual good players hourly return rate per table has been very interesting for someone who plays very few stts a month.

It makes me wonder about how guys like NickyOD and HJ survive playing as online pros, when you stack it up it really is a job/grind imho and fair play to you guys for working so hard.

Anyway to answer your question I reckon its very achieveable for Gigabet but you should bear in mind that while he will be playing with the restricted BR discussed but mentally and actually he will be playing with all the resources he has. (i.e. sitting with a couple of $100ks in his Neteller account will mean he won't be playing scared even though he won't have access to the funds for the purposes of the prop bet. Plus he'll have the benefit of all his vast experience at the various levels).

Edit: to remove my OT rambling

RoundTower

I hadn't heard about this. I read all those threads and it sounds like a bad bet for the punters. Unless you really think it is worth your while getting 500 hand histories and reading through them, then it might be OK.

The C Kid

Would you pay $100 for a sample of 1000 hand histories from a top pro.

I think I probably would.

Also on the subject of Gigabet I meant to post this last week. I'm sure some have read this and while it offers no insights or advice, its a good read and quite astonishing really.


http://forumserver.twoplustwo.com/showflat.php?Cat=0&Number=4523924&page=0&fpart=2&vc=1&nt=9

5starpool

some read that. sounds like my online career..........

iBoT

Great read thanks 4 that

RoundTower

The C Kid wrote:

Would you pay $100 for a sample of 1000 hand histories from a top pro.

I think I probably would.

Also on the subject

No.

I would pay $100 if he wrote a book about them, perhaps. If I somehow came into raw hand histories from 100 $10 SNGs I don't know where I'd start, but they'd probably sit gathering dust in my room for quite some time.

The C Kid

RoundTower wrote:

No.

I would pay $100 if he wrote a book about them, perhaps. If I somehow came into raw hand histories from 100 $10 SNGs I don't know where I'd start, but they'd probably sit gathering dust in my room for quite some time.

You can learn quite a bit from just looking at raw hand histories, I wouldn't dismiss them that easily. However looking at the hand histories of Gigabet HU in a $22 SNG that he is currently getting flamed for on 2+2, you could be right!