Possible to grind profit in $3 sng?

StephenInsane

I'm currently concentrating on $3 10-man SNGs on Stars. At the moment I'm doing OK, getting placed 60% of the time (I'm keeping track). But I'm wondering if you guys thinks it's possible to go on making this kind of profit? With the poor standard of play in these tournaments and the crazy nature of some of the play, is it possible? At what level will my solid tight-aggressive play prove profitable?

I only have a bankroll of $50, so I find $3 is even a little steep for me.

ArmaniJeanss

You'd be surprised how high an ITM figure can be maintained long term in these.
Looking back at my figures from last year I played 450 $3 9seaters when either drunk or when winding down after a session at a higher level.
ITM 54% and ROI 41.5%.

Rnger

full of donks

$3 - NL - 9 Seats 15345527-3 Holdem No Limit 20/40
[Feb 4 22:59:57] : Hand Start.
[Feb 4 22:59:57] : Seat 1 : KILBAN has $1,960
[Feb 4 22:59:57] : Seat 2 : talented84 has $2,000
[Feb 4 22:59:57] : Seat 3 : laulolyon has $2,000
[Feb 4 22:59:57] : Seat 4 : bobia has $3,220
[Feb 4 22:59:57] : Seat 5 : vaicurintia has $1,940
[Feb 4 22:59:57] : Seat 6 : sdtillis has $1,840
[Feb 4 22:59:57] : Seat 7 : RiotVan has $1,760
[Feb 4 22:59:57] : Seat 8 : 4URMONEY has $1,720
[Feb 4 22:59:57] : Seat 9 : r100per has $1,560
[Feb 4 22:59:57] : sdtillis is the dealer.
[Feb 4 22:59:57] : RiotVan posted small blind.
[Feb 4 22:59:57] : 4URMONEY posted big blind.
[Feb 4 22:59:57] : Game [3] started with 9 players.
[Feb 4 22:59:57] : Dealing Hole Cards.
[Feb 4 22:59:57] : Seat 7 : RiotVan has Qs 5h
[Feb 4 22:59:30] : r100per folded.
[Feb 4 22:59:32] : KILBAN folded.
[Feb 4 22:59:34] : talented84 called 40
[Feb 4 22:59:36] : laulolyon folded.
[Feb 4 22:59:38] : bobia called 40
[Feb 4 22:59:38] : Stakes: 20/40 Current level: 1 Next level in: 5 min.
[Feb 4 22:59:40] : vaicurintia folded.
[Feb 4 22:59:42] : sdtillis folded.
[Feb 4 22:59:44] : RiotVan called 20
[Feb 4 22:59:44] : 4URMONEY checked.
[Feb 4 22:59:45] : Dealing flop.
[Feb 4 22:59:45] : Board cards [6d 5c 5d]
[Feb 4 22:59:49] : RiotVan bet 160
[Feb 4 22:59:50] : 4URMONEY folded.
[Feb 4 22:59:52] : talented84 called 160 and raised 320
[Feb 4 22:59:57] : Stakes: 20/40 Current level: 1 Next level in: 5 min.
[Feb 4 22:59:58] : bobia folded.
[Feb 4 23:00:01] : RiotVan called 320 and raised 1,240 and is All-in
[Feb 4 23:00:03] : talented84 called 1,240
[Feb 4 23:00:03] : Showdown!
[Feb 4 23:00:03] : Seat 7 : RiotVan has Qs 5h
[Feb 4 23:00:05] : Seat 2 : talented84 has As 6s
[Feb 4 23:00:05] : Seat 7 : RiotVan has Qs 5h
[Feb 4 23:00:11] : Board cards [6d 5c 5d 3c 2s]
[Feb 4 23:00:11] : Seat 7 : RiotVan has Qs 5h
[Feb 4 23:00:11] : RiotVan has 3 of a Kind: 5s
[Feb 4 23:00:11] : Seat 2 : talented84 has As 6s
[Feb 4 23:00:11] : talented84 has Two Pair: 6s and 5s
[Feb 4 23:00:11] : RiotVan wins 3,600 with 3 of a Kind: 5s
[Feb 4 23:00:16] : Stakes: 20/40 Current level: 1 Next level in: 5 min.
[Feb 4 23:00:20] : Hand is over.
[Feb 4 23:00:20] : Stakes: 20/40 Current level: 1 Next level in: 5 min.

RoundTower

StephenInsane wrote:

I'm currently concentrating on $3 10-man SNGs on Stars. At the moment I'm doing OK, getting placed 60% of the time (I'm keeping track). But I'm wondering if you guys thinks it's possible to go on making this kind of profit? With the poor standard of play in these tournaments and the crazy nature of some of the play, is it possible? At what level will my solid tight-aggressive play prove profitable?

I only have a bankroll of $50, so I find $3 is even a little steep for me.

60% over how many? If you had played even 70 of them you would have more than $50 to play with, and many people do that in a day. I think 60% ITM is unrealistic long term even in the $3, but you can probably get 50% or so.

StephenInsane

RoundTower wrote:

60% over how many? If you had played even 70 of them you would have more than $50 to play with, and many people do that in a day. I think 60% ITM is unrealistic long term even in the $3, but you can probably get 50% or so.

I've only started doing this today. My ratio has actually fallen to 44% (placed 4 time outs of 9) due to 2 knockouts on the bubble. I think I will continue to play these 3 dollar sit and goes and see where I can go from here. Is there anyother websites I should try? I see that Paddypower offer $1 sit and goes.

phantom_lord

bit of a small sample size to be quoting stats on. gl with playing them, but it's gonna be a long while before you get an accurate idea of your winrate.

RoundTower

yeah based on your results I expect you to earn somewhere between -$1.50 and +$1.25 per SNG with 95% confidence.

StephenInsane

LOL very funny.

I'm not asking if it is possible for me. I'm asking is it realistically possible to crack those games, or does the poor standard of play make it very difficult.

delanec8

StephenInsane wrote:

LOL very funny.

I'm not asking if it is possible for me. I'm asking is it realistically possible to crack those games, or does the poor standard of play make it very difficult.

No it is almost impossible to beat games with poor standards of play. I would imagine even Phil Ivey would find it hard to beat $3 SnGs consistently.

phantom_lord

it's easier against poor players obviously.