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Double or Nothing SNGs.....

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AMRN:
Started seeing these popping up all over the place now - 10 seat SNGs with top 5 taking the money equally - ie double your money.

In theory, any decent SNG player should be able to make steady (albeit slow) bankroll progress in these games...... BUT, does the 10% fee have a bearing and make the payout unreasonable?  ie getting paid in 50% of your games would not be enough to break even.... in a $50+$5 game, the payout would only be $100, therefore $45 profit against a $55 stake.

Sounds like pretty poor value to me..... any thoughts?

Roscopiko:
My general feeling towards these are that they might currently provide a good steady (albeit slow) bankroll build at $5 to $20 level where there are still maniacs playing and throwing away their chips.

I am fairly sure at higher levels where the majority play correctly you are just playing against variance so you will only cash around 50/50 and so the reg fee kills any profit.

Sure there will be some who make more but don"t see it as great value and they are boring as sin!

Swinebag:
They are good bankroll builders providing you cash 2 in 3, to give an ROI of about 20%.

I played 40 on BSQ and cashed in 23 giving me

smileriraq:
made $150 dollars playing on em last month $5.50 buy in

does help boost your bankroll but playing too much can stagnate your game as your playing to make the cut as opposed to trying to win the game

Jon MW:
I"ve been playing them on Pokerstars.

You really should be able to cash in at least 2/3 of them so I would recommend them as bank roll builders - - but they are boring to play.

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