4,000 STTs in 4 months

[thetank]

In the last six weeks I've only averaged 10 sit n go's a day. Not nearly enough, I'm getting too lazy. What I need is a target to shoot for and in Pokerstars new frequent player pont program I think I've found it.

My aim is to get to the Supernova level (100,000 VPP's) by the end of April. So it's 4,000 $55+5 tournaments in 4 months. Once I get this I can enjoy the equivalent of about 28% rakeback. (For explanation see the Porsche for FPP post)  I'm hoping to maintain an ROI of 15%, but will be happy with anything in double figures. If I hit the 15% target that'll be $36,000.

Day 1 went ok, 41 tournaments down (1% of my task completed ). Up $548 so 22.2% ROI so far (very early days, doesn't mean anything yet, but it's nice to get off to a winning start)

[Dewi_cool]

   Tank, keep us updated, 

[julian]

please excuse my ignorance, but what's ROI?

[Robert HM]

Return On Investment

[Royal Flush]

please excuse my ignorance, but what's ROI?

It's a term we use in poker, don't worry about it for now you will understand about it later...

[booder]

please excuse my ignorance, but what's ROI?

It's a term we use in poker, don't worry about it for now you will understand about it later...

 

[matt674]

There is only one meaning for ROI...........

Repulic Of Ireland

anything else is a cheap imitation!!

[portfolio]

tank,

do u intend to play   ,on avg,33  stt s per day for 4 months,investing a total of  $240k
to win $36k (hopefully) whilst holding down a f/t  job  to  claim a 28% rakeback  allowance??

[Newmanseye]

I donmt think our tanko is "working" in the general sense od the word, Poker is work for tank.

[thetank]

tank,

do u intend to play   ,on avg,33  stt s per day for 4 months,investing a total of  $240k
to win $36k (hopefully) whilst holding down a f/t  job  to  claim a 28% rakeback  allowance??

The job is p/t not f/t but yes, that's precisely what I intend to do. Some days I'll play none, some I'll play 60 etc. The whole point of it is to get me to play more, the Supernova VIP status is a means to an end, a target I have in mind. I'm doing this to get the $36k rather than the Supernova status, the point is, without a goal in mind I'd probably only play 1000 instead of 4000 and make just $9k (which barely keeps me in macaroons.)

It's not as bad as it all sounds. I can manage 40+ turbo sit n' gos in 8 hours very easily.

[portfolio]

gl.hope u keep updating.

[Jim-D]

Im really interested in this thread tank as i intend to give my full attention
to STT's in 2006, i have no real $$ target in mind but would like to of gotten
to the stage by june/july to regularly earning at the $50/$100 level. (current bank roll only allows for the $10/$20)

so please keep us up to date and good luck mate.

P.S  do u only STT's on stars or can u recommend another decent site for structures and 

[thetank]

By good structure do you mean slow structure? If so, the regular tournaments on Pokerstars are very good. I hear blue square just started ones slow blind levels aswell.

I prefer a bad structure, Greatly reduced ROI% but an increased hourly rate. (If it takes 50 minutes, rather than 1 hour 40 minutes, to complete a tournament you can play twice as many.)

As for the  I found the low limit STTs on Party Poker to be the easiest dosh I ever made. Loads of traffic there, you'll never have to wait for a table, the structure is decent, 10 hands a limit, rather than timed levels. The only problem is Party are evil.

[redsimon]

How many of these do you play at once (41 in one day is almost as many as I've played since June!)

[TheJagster]

Good Luck in ur quest Tank....seems ambitious with any work committment at all.

Ive found $50 and $100 on paradise profitable and again they are based on blinds up every 10 hands......this seems to mean a similar time at early stages but a crapshoot when the table is down to 4 and below and blinds seem to be increasing every 5 mins or less.

Let us know hew you get on mate.