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Poker Strategy
Tournament Poker
Are spin & go $ 0.25 profitable?
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[QUOTE="Shady Slim, post: 4316699, member: 316265"] Disclaimer: I can't play on PokerStars, so some of this is conjecture from what I have read online. Take it with a grain of salt. [B]Multiplier Probabilities[/B] [code]3,600 is 0.001% 240 is 0.005% 120 is 0.010% 25 is 0.100% 10 is 0.500% 6 is 7.500% 4 is 21.366% 2 is 70.518%[/code]Bottom line is you have about a 0.616% chance of hitting a multiplier of 10 or higher. About 1 in 5 you will hit the 4 multiplier. [B]The Rake[/B] High rake percentage equals lower profitability. In the case of a 25 center, how much goes to the house? I don't have those statistics, but in a $1 Spin-n-go the rake is 7.53% (7 cents). The higher the buy-in,. the lower the percentage. A $100 buy-in will cost you $5 in rake fees. [B]My Opinion[/B] You may be better off playing the lottery or slots, if you just want to throw your money away. I might play one, if I could, just to see what all the fuss is about. Maybe play a couple more if I am in the "hit the jackpot" type of mood. [/QUOTE]
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Are spin & go $ 0.25 profitable?
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