Here I will blog about my new experiences as a SNG player. I've played many SnG's in the past, and with a passable ROI - but never have I done this with a strategy in mind, goals to achieve and most importantly sound BRM - I was the kind of player that would deposit $100, play $5-$10 MTT's and SnG's for as long as I could and usually go broke and start again.
My experiences with SSS were positive, but leave a lot wanting for the more imaginative poker player that wants to enjoy making money while they do it. I know that the suckouts on SNG's (especially turbo) can seem maddening, but it turns out that good players will get sucked out on more than they suck out. It's just one of those poker laws.. the less you move in with bad hands, the less likely you are to need a suckout to win.
This time around I'm very serious, and have backed up my plan with a bankroll of $600. I did this to achieve the maximum bonus on Pokerstars, and take advantage of BRM and sound SNG strategy according to pokerstrategy.com.

The bonus on pokerstars is $240, paid when you reach 4800 points. (20 points/bonus dollar) Every dollar of buy in fee is worth 5 points, but it is rounded up.
If you were to play a 6$ SNG with a $0.5 fee the reward is 3 points, not 2.5. This is a premium of 17% points, although the rake is accordingly higher than $16 SNG's with a reward of 5 point per.
To balance out variance with rake and points, I've decided to start with the $6.50 SNG's over the $16 ones. Of course, eventually - as I get more experience, my goal is to move up to the more serious buy in levels.
3 points per SNG, and about 20 SNG's per day = 60points per day. That means in the 180 days I have to complete bonus I need to play 20SNG's for 80 days - giving me flexibility not to have to move up right away.
My goal for ITM is a lofty 25% (I think) - Randomly you place ITM in 1/9, though I hope I'm better than the random player, and should be able to reach 1/3 in optimal play. In fact I know I'm better than the random player..my full tilt sharkscope stats say so ;-) even if I did lose my last 3 or 6 in a row there!
No. Avgwin Avg buyin ROI Total Profit
363 $1 $5 18% $321 (Tilt...lol)
I plan to play medium tight. I've looked at some other players that multitable - one in particular had joined over 12 tourneys at once. Looked him up on sharkscope and found that he had a 10% ROI, over 8700 tourneys he'd won about $5700. His PT stats show that he is a tight, almost SSS player - although I've seen his push range becomes very loose in a steal situation when the blinds are high and his M is under 2.5, naturally. He sat out mostly all tourneys until he had a decent hand, and if not he'd suckout with the 24o in the steal.
My style won't be that tight - already I've played a dozen or so and been in the money a few times. I'm down the amount of the buyin fees (so far paying for my bonus) Of course my expectations don't involve my bankroll going down steadily, bad beats and all.
I took several horrible bad beats in the first few tourneys - even on the bubble - maybe calling on the BB to an all in with 5BB and TT and losing isn't so bad - I've also sucked out A7s stealing into AKo. More on my progress, goals and BRM strategy in the next post. I'm not sure I should count the bonus as part of my bankroll, best not to...but I have 90 or so buyins at 6$, and 45 at $15. I think my conservative strategy suits my goals and expectations more, and really I don't like the idea of a 20BI downswing possibility at $16 even if the play there is a bit more predictable.
Goals:
1. Play my best poker, even if that means fewer tables at a time or normal speed tourneys if needed.
2. Clear the bonus by playing 20 SNG's per day minimum.
3. Crack the SNG leader board for my level
4. Attain an ITM of at least 30%
5. Study more on ICM and SnG's - try to get pokerstars linked for gold articles and videos sorely needed.. wish I'd heard about this site before I signed up. I sent a mail to pokerstars asking nicely if I could get my 2X deposit linked to this site..
6. Get a demo of SNG Wizard running
7. Review at the end of each session
8. Attend as many coachings as possible
9. Post hands in the forum