Spin & go a way to make or lose money?

[Longbow]

For me spin & go always follows the same pattern, when I win money in a tournament and try to increase my bank roll in spin & go I end up losing everything.

 

[Longbow]

I lost with AA where the opponent hit the straight, and then I lost with KK when the opponent hit a set with his 88.

 

[rasam]

i think in general , for every type of game you need practice .
a good mtt player may be bad at spin go , or a cash player on mtt and ….
spin go is fun , need special set of skills , patience and luck , and its so high variance .
the first mistake people make , is that they dont consider the value of bb in spingo . you can make comeback with even 2 bb . or you can lose 2 bb vs 30 bb really easy .
my suggest is that in future if you wanted to play first try some low limit games and understand the spin go .

 

[Mr_Cloud]

I would say loose money unless your exceptionally intelligent at poker, with a bit a luck to go with it.

 

[thedarkman]

I'm actually ahead with these and have won 3 of the last 4. I'm ahead not because I win cash on the table but every time I get busted out at the next level I am awarded a free $1 bet.

 

[R.Holynskyi]

For me spin & go always follows the same pattern, when I win money in a tournament and try to increase my bank roll in spin & go I end up losing everything.

If you lose everything, the problem is clearly not in the spin and go tournaments, the problem is in your bankroll management. In general, such tournaments are more like playing bingo than playing poker, but losing everything is stupid, especially in tournaments of this format.

 

[mr.fers_one]

there is a large variance in the spins, but due to the fact that big and prize money can fall out, you can still at least play zero on this))

 

[odonob]

I don’t think that spin and go or or Blast type games are a viable method to make money, the variance is too great. They are like coin tosses, and you cannot get an edge with that type of model.

 

[AndyFio]

Purely mathematically, this is unprofitable, of course, it’s like a lottery, where someone can win a lot, but due to the loss of others, the probability of becoming that lucky person is very small, the same as in ordinary lotteries. The thing is that there are very few chips (500), and the blinds grow very quickly, which does not allow players to reach their potential and leads this method of play to pure luck.

 

[idvelkka]

If it was always the same pot as buy ins combined then yes. So no 😄

 

[bowserdon]

I think the rake is high on spin & go

 

[yogo9]

I had a crack at doing this a while ago and the variance is massive and ROI small. You'll be all-in and flipping a huge number of times per day so if you have tilt issues, you should avoid playing this format.
The games can be beat for sure but just be aware there are some very good players who play spins. There are many stables specialized in the format and the players have studied all the GTO solver stuff. If you want to move up, you'll have to do the same. At lower stakes, solid preflop and exploitative play will be enough to win
One advantage of the format is that you'll earn rakeback very quickly because of the high volume. Also, you can stop/start a session whenever you want and if you get lucky with the prize pool with *100 or more you can win massive in a small time.

 

[godollar]

Ps wouldnt be doing spin and go if it was profitable for you

 

[pancho_1954]

I think you should practice more, look for a slightly more effective strategy that can help you, I have played some spin and go and I think it didn't go too bad, although I am not a frequent player of that type of game I think it's all about practice and perseverance

 

[Viking26]

U can make quicker money.. But in long term i think it s not profitable

 

[hexplore35]

Start with 25 cents, if you lose, play for 50, then a dollar, if you lose, you need a break

 

[pentazepam]

The variance is sick since it is short stack PLUS a multiplier "lottery".

There are also a lot of teams playing with GTO-optimal starting hand charts and other assistance as soon as you leave the lowest levels.

 

[Comboss599]

Hard to say. I love to play S&G because it's quick way to increase bankroll however you must be lucky in a draw how much money is to win and of course in the game.

 

[dreamer13]

At the $10 limit you can win $100,000. Don’t forget to imagine how your life will change. Imagine the unforgettable feeling you will get when you get to the long-awaited prize table and lose with two aces against 5 6.

 

[Igor Popadyk]

any game for money is an opportunity to either win or lose, and there are many factors that will affect the result, I think it is important to enjoy the process, not just the result

 

[RustyRed83]

I don't play them on a regular basis, but i do okay from them, although i do not keep stats, but they are very volatile and i would not rely on them for a long term profit.

 

[Viparida]

There´s some people who succeed in making money at spins and go´s but i can´t talk for sure because i never have make profit from it.

 

[kanogott]

I think those games are bad for players who plays only to fill the time with these short time plays, like spin and go or kickoff. The variance is very high, because of the non constant payouts and on the speed of the game. If you need for tournaments 100 buyins in the bankroll i think you need more than 300 buyins. I loose in these games. If i win in tourneys some money i loose the most of it in these games. I try to skip these games but sometimes i loose my patient and play to much of these games. I think if you learn the right plays and the strategy for these games it could be profitabel on the long run. But not if you only play to fill your time lags.

 

[Poker Orifice]

Purely mathematically, this is unprofitable, of course, it’s like a lottery, where someone can win a lot, but due to the loss of others, the probability of becoming that lucky person is very small, the same as in ordinary lotteries. The thing is that there are very few chips (500), and the blinds grow very quickly, which does not allow players to reach their potential and leads this method of play to pure luck.

IF this ^ were true, why is it that there have been many SPINs players who actually play for a living? And there are SPINs staking schools (they must be profitable for coaches to spend time coaching and to invest money into players... surely they don't do this for free or to burn money?).

I think part of the profitablity factor with SPINs is 'rakeback' and 'Leaderboards' (< which are essentially rakeback rewards for putting in huge volume).
It is possible to be a winning player with a +ROI%. Just like any of the other formats, it takes WORK, STUDY, perseverance, dedication, drive!!!

I was chatting with a guy I met recently who played SPINs in the past (on Stars prior to the elimination of the rakeback program).
A typical day of playing SPINs for him was playing between 100 & 250 games... PER DAY! And at least 4,000 games/mth. (50k games per year).
He played them for 2 years before switching to MTT play.

 

[Poker Orifice]

I don't play them very often and when I do it's always micro stakes. What I've noticed is >>> LOTS of players making LOTS of mistakes!