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[QUOTE="sn0112, post: 5714850, member: 430107"]
[SIZE=2]This is an interesting example.[/SIZE]

[SIZE=2]You can reduce the variance by playing in double or nothing SNGs where you need to finish in the top 3/4 (from 6/8) to cash.[/SIZE]

[SIZE=2]This will reduce your risk but also your profit.[/SIZE]

[SIZE=2]Your average cash would be static at $11 (minus rake) in this example ($5.50 buyin).[/SIZE]

[SIZE=2]Adapting the above example for double or nothing:[/SIZE]

[SIZE=2]Games played: 25[/SIZE]
[SIZE=2]Fees = $5.50 x 25 = $137.50[/SIZE]
[SIZE=2]Cashes = 16 wins x average of $11 = $176[/SIZE]
[SIZE=2]Profit = $38.50[/SIZE]

[SIZE=2]The real problem here is a $50 starting bankroll means you can only play 9 games at $5.50 before you go broke. You would need to cash in at least 5 out of the 9 to make a profit.[/SIZE]

[SIZE=2]Therefore, it's better to start with $1 SNGs or $2 maximum. If you're playing double or nothing you need to cash in 26 out of 50 (at $1 buyin), or 13 out of 25 (at $2) to make a profit. In theory it should be half, but rake is a factor.[/SIZE]

[SIZE=2]If you're playing standard SNGs where only the top 2/3 places are paid you would have to run insanely well in the short sample size that a $50 bankroll allows.[/SIZE]

[SIZE=2]Perhaps it is better not to focus on the $500 target initially. You can attempt to grind the $50 into $100 then repeat the process until you have a larger bankroll and can move up stakes or play MTTs.[/SIZE]

[SIZE=2]This all depends on which games you are good at and which favour your style.[/SIZE]

[SIZE=2]I wish you all the best :)[/SIZE]
[/QUOTE]

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