 Anyone who builds bankrolls through Sitngos?
so i'm just wondering how many of you build bankrolls thorugh Sitngos
many times have i tried this approach and failed miserably
(except a day where i colluded with my friend playing in the same sitngo and made a 100 profit from 5 dollar sitngos... don't do that anymore don't worry, i think i've heard enough of the feared consequences...)
well anyways, alot of times i start out by playing quite well, i would have a bout 3 games in a row where i'd win by cominng first and second and do really well, then i'd lose a few rounds, yet my bankroll is still up, then i'd come second maybe again to move it up, but a series of losing streaks come along.
eventually my bankroll ends up going lower and lower, kinda like in an upside down J shape, starst going up, then back down below....
i realized if i play 10+1 for example. 10 people (rather than 9 for simplicity)
that means winning once will allow me to lose 3 times more atleast.
in ten games, i would have wasted 110 dollars, and to achieve that money back i have to win atleast 2 first places with one third place finish minimum to gain a profit.
(someone who does better mathematics please supply the longrun average stuff..)
if i only place first place once, i have to place atleast 2 second places to break even.
now somehow it doesn't seem that hard as i do place first place and second place or third place often, but i just don't get why my bankroll is heading downwards when i do sitngo rallies....
ok this post probably doesn't make much sense, i'm not sure what i'm writing either.
but i just won another sitngo just now, (after losing two) so i'm up so far.
no comments now ....  |