The demise of Sit and Goes

[Doobs]

I was looking at sharkscope this morning and discovered I had a new star.  I am now officially 16th in the table for sit and goes for the year for UK players on any network.

I just play a few nlo8 hypers and my volume isn't massive, I have obviously run well, though the MTTs have made me negative overall.

What struck me is that I only needed £600 to reach this level after 2 weeks.  That is pretty much in line with minimum wage in this country assuming a normal working week.  There are only 9 people who have made more than £500 a week in the whole UK from sit and goes.  

I realise that a few people exclude themselves, escpecially heads up players, and I am ignoring rakeback, but it is still a sorry state of affairs.  Back in the day, there must have been tens of people from the UK on Betfair alone making more money from sit and goes.  There must have been quite a few 9 and 6 man sit and goes with a prize fund of that much run every hour.  People were sitting in several £60 6 man turbos at a time.  

I presume the long decline of sit and goes has just been hastened by the changes in rakeback on stars and the rise of spin and goes.  Unless you are one of the very few heads up gurus then it seems that you have to play MTTs or cash to make a decent living from poker these days.  Or is there a big chunk of spin and go winners who are still making a decent living, but are hidden from me?

Edit, just realised they are ignoring Sky, and possible some others where location is unkonwn, and there are a handful on Sky who have made over $1k who are likely to be from the UK.  I don't think it changes much in my argument though.

[booder]

I was browsing the multi table sit and gos on pokerstars last night and was surprised at the lack of 90 man and 180 man ones.

Also could find no capped MTTs ie 360 and 500s

[George2Loose]

Thin

[Doobs]

Thin

Definitely not up overall.  This is not an uncommon experience these days.

[arbboy]

betfair's stt's now are capped at 100 euros max buy in on i poker for anything non heads up.  Truely comical and the 100s hardly ever run.  I played a few the other night and the traffic was terrible and all colluding/cheating regs.  No wonder the game has died.

I remember the years when £500 sterling 10 handed stts used to run every 10 minutes with £2500 for the winner.  Me and you must have played a few of those together Doobs back in the day with Ianz and buzzer amongst others.

I think there are still plenty of winners but virtually everyone you sharkscope at any non micro level now hides their stats almost automatically.

[MC]

Win-rates are generally too thin these days - games are raked too high and are too reg infested. 9-mans are raked the same as they were 11 years ago when a 20% ROI was achievable vs a 1% ROI being a decent ROI now. 180-mans have died for the same reason, 10% ROI is good vs 30% being good 6 years ago. Spin and gos have been the final nail in the coffin.

[arbboy]

I stopped playing them daily on a volume basis in 2012.  Probably 12-18 months too late tbh.  Scary looking back at my old records the amount of them i used to play and the volume of rake i used to pay every day.  Where did all the money come from back then?  

[Doobs]

betfair's stt's now are capped at 100 euros max buy in on i poker for anything non heads up.  Truely comical and the 100s hardly ever run.  I played a few the other night and the traffic was terrible and all colluding/cheating regs.  No wonder the game has died.

I remember the years when £500 sterling 10 handed stts used to run every 10 minutes with £2500 for the winner.  Me and you must have played a few of those together Doobs back in the day with Ianz and buzzer amongst others.

I think there are still plenty of winners but virtually everyone you sharkscope at any non micro level now hides their stats almost automatically.

Got a handful of £500 ones on my record, certainly wasn't something I did every 10 minutes.  Those £60 turbos definitely sparked up very quickly (I think Heffernan was first in most, think he was Hans? Vog).  I remember winning a £9k pot 6 months after starting playing cash, and thinking I'd be going right to the top.  I never played a bigger one.  Over time the top has come to me, I played the most $60-$100 O8 STTs of anyone on stars.  Think it was about 170 over a whole year.

[Gazza]

Aren't they almost solved?

[Ragz]

There are shedloads of Brits making huge amounts still in SnG's, but it doesn't take alot to get on a LB in the first two weeks of the year lol. Also many players have their stats blocked.

[Nakor]

I was browsing the multi table sit and gos on pokerstars last night and was surprised at the lack of 90 man and 180 man ones.

Also could find no capped MTTs ie 360 and 500s

Could not believe the 16.50 x 360 has gone. She will be missed.

[RED-DOG]

There are shedloads of Brits making huge amounts still in SnG's, but it doesn't take alot to get on a LB in the first two weeks of the year lol. Also many players have their stats blocked.

What is a LB and what does having your stats blocked mean please?

[TightEnd]

leaderboard

sharkscope stats blocked or unblocked

[arbboy]

The general public cant go on the website sharkscope.com Tom and look at your profit and loss history from playing STT's to determine whether you might be the value or shark in any given game in you have blocked your stats.  Most pros block them to stop people seeing how much they have won.

[RED-DOG]

Thanks Guys