CHAPTER 12 – How to Make a Stable Income Playing Sit&Go’s

 

Return on Investment (ROI) is the way in which the success of Sit&Go tournaments is measured. This is shown as your profit per game and is expressed as a percentage of the buy-in after the fee is removed. For example someone making an average of $2 per game at the $10+$1 level, they would have an ROI of 18.2% ($2/$11 = 18.2%)

Hourly Rate simply takes your expected ROI and number of games you play per hour and gives an average hourly ‘wage’ for your efforts. Using the above example an 18.2% ROI at the $10+$1 level and 4 games per hour would give you an hourly rate of $8. These two concepts are heavily related. Increasing the number of games per hour (by multi-tabling) may decrease your ROI but increase your overall hourly rate. If you want to play Sit&Go’s for a living and live comfortably, following this guide will give you an average ROI below:

$10 +$1= 30% ROIPoker Prize Money

$20+$2 = 25% ROI

$30+$3 = 20% ROI

$50+$5 = 15% ROI

$100+$9 =10%ROI

$200+$15=5% ROI

Now in order to make a comfortable living playing Sit&Go’s, really depends on how much money you need. Let me show you a simple calculation. This is based on playing 10 Sit&Go games an hour, which is very easy to do with some practice.

$11 – ROI = 30% – (11*0.20)*6 = $19.80 / Hour

$22 – ROI = 25% – (22*0.25)*6 = $33.00 / Hour

$33 – ROI = 20% – (33*0.20)*6 = $39.60 / Hour

$55 – ROI = 15% – (55*0.15)*6 = $49.50 / Hour

$109 – ROI = 8% – (109*0.08)*6 = $52.32 / Hour

$215 – ROI = 5% – (215*0.05)*6 = $64.00 / Hour

 

Let’s calculate this per year so you can get a feeling how great playing Sit&Go’s can be when following this guide:

 

$11 – ROI = 30% – (11*0.20)*6 = $19.80 / Hour*2080 = $41,184.00 / Year

$22 – ROI = 25% – (22*0.25)*6 = $33.00 / Hour*2080 = $68,640.00 / Year

$33 – ROI = 20% – (33*0.20)*6 = $39.60 / Hour*2080 = $82,368.00 / Year

$55 – ROI = 15% – (55*0.15)*6 = $49.50 / Hour*2080 = $102,960.00 / Year

$109 – ROI = 8% – (109*0.08)*6 = $52.32 / Hour*2080 = $108,825.60 / Year

$215 – ROI = 5% – (215*0.05)*6 = $64.00 / Hour*2080 = $133,120.00 / Year

As you can see, it’s a nice chunk of change for playing Sit&Go’s with an achievable ROI. As you go up in buy in of a Sit&Go the ROI will decrease, but the amount you win goes up!

Look when you reach $200 + $15 Sit&Go’s, you only need to have a 5% ROI per year and you will still bring home a nice chunk of change…$133,120.00 to be exact. With the strategies outlined in this guide, you can be making the numbers listed above in no time.

 

Here is the chart again, which shows the level of Sit&Go’s you should play at based on your bankroll:

 

 Buy-in + Usual Fee Bankroll Requirements

 

$5 + $0.50 with $110 – $165 bankrollMake Money in Poker

$10 + $1 with $220 – $330 bankroll

$20 + $2 with $440 – $660 bankroll

$30 + $3 with $660 – $990 bankroll

$50 + $5 with $1100 – $1650 bankroll

$100 + $9 with $2180 – $3270 bankroll

$200 + $15 with $4300 – $6450 bankroll

Here is my suggestion on building a solid bankroll and turning it into 6 figures per year.

If you only start with $50.00 you must do the following.

  1. Play single table Sit&Go’s at the $5 + $0.50 level until you work your way up to $110 – $165 mark. At this point you can start playing 5 Sit&Go’s at one time only IF you have mastered single tables. Your goal is to play 10 Sit&Go’s in one hour. Once you get the hang of multi-tabling this is extremely easy.
  2. Once you reach $220-$330, at this point you need to switch over to $10 + $1 Sit&Go’s.

From here, you need to keep building your bankroll by playing 10 Sit&Go’s in one hour. If you feel uncomfortable or hit a losing streak playing 5 Sit&Go’s at one time, you can cut back down to 2-3 at one time until you build your bankroll back up.

  1. This strategy can be used for the $30 +$3, $50 + $5, $100 + $9, and $200+$15
  2. As you master the art of Sit&Go’s, over the course of a year you will be making a solid amount of money with as little as a 5% ROI. Don’t you like 6 figures a year just by playing Sit&Go’s? I knew you would…and it is all possible thanks to my strategies!

 

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