Noble's Jackpot Tournament's - Worth it?

[michaelantoi]

Win 4 $2 sit'n'go's in a row (12 ppl SnG) and win the jackpot of $2000.

Win 4 $50 one's in a row and you will win $50 000.

There are also, $5 and $10 jackpots.

Is this worth it to try for the $2 one? How hard would it be to win 4 in a row out of 12 ppl.

[PNXRMX]

Winning 4 12-man sngs in a row seems damn near impossible. You'd be better off going for the $20+3.50 rio jackpot. 6 wins to hit the jackpot, or 6 top 2's in a row for $300. If you do it with rakeback/kickback it should be +EV.

[santiagoz]

But for the rakeback counts the 3,50? part of this don´t is for jackpot?

[BradleyT]

What's the rake on these?

[sonneti]

I reckon the only problem would be getting them to pay out if you do hit, I've had streaks of 3 & 4+ wins before in 10 man games so I can't imagine 12 man being that much more difficult... although I have played around 2k SNG's

[_Towelie_]

Unless I'm remembering incorrectly, some geek in the Probability forum quantified the likelihood of hitting these jackpots. Or maybe it was STTF... can't remember.