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What is a good ROI on DYM tournaments
Hi Guys,
I have played over 1200 DYM tournaments and I am currently in profit to the tune of about £600 (usually play the £5 games. My ROI is 9% and I would estimate I win about 70% of the games I play. So is this classes as, average, good or very good?
Should I try a different form of Poker in order to get a better ROI? I have tried cash but seem to break even at best, I have tried tournaments and have had quite a bit of success ut I have heard the variance in touenaments make it not very profitable.
Thoughts??
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Comments
Trouble is I play for fun as well as profit and my bankroll is only £80...I cash in everytime I hit £90, so playing tournaments I could easily go 10 or 15 games without cashing and that would leave my backroll with a huge hole in it....but then a tournament cash, a sbig one, might be more that £80....
DYMs offer you low risk and low reward, you could say they're the poker equivalent of National Savings Bonds, that's exactly what a lot of players are looking for so they're unfairly criticised IMO.
You're crushing the games. Think about moving up?
Tikay told me that a ROI of over 15% for MTT's was impossibler tustain over a long period. Is this true?? My ROI is just under 50% from 149 games, is this not a big enough samples, as I guess a couple of big wins in 149 games will affect the % quite a lot
Say play 1000 games at £5 means an investment of 5500 with a win rate of 70% your getting 7000 so a profit of £1500 which gives a roi of 27 % which is an excellent roi but you are playing 1000 games each of which takes upto 1/2 hour of your time. So a return of about £3 per hour.
Now the 9% roi that you mentioned earlier puts it around a 60% winrate with profits of about £500 which again goes back to the £1 per hour return.
Before venturing into the bigger stake roll yourself up and run a few tests of say upto 100 games to see if your still retaining your required winrate.
Or take the advice above and venture to where the real money is in the cash games. Running them side by side can be quite advantageous as can be runing cash with MTT's as it keeps theboredom at bay whilst your getting through the lower part of the game.