Jackpot sit and go??

[pkrNinja]

There is a website that offers Jackpot sit and gos for five dollars where if you win four in a row you win 2000 dollars extra. Is this as simple as it seems? It seems that a simple upswing could bring in five wins in a row. Anyone else heard of this?

[Tony_P]

maybe tell us what website so the T&C could be examined and you could get a reasonable answer?

[Benholio]

I assume these are 10-player sngs? If so, someone who wins 10% (average) has a 1:10,000 chance to win 4/4 tourneys. Say you are above average and you win roughly 1 of 7 tourneys (14.29% win rate), you are still looking at a 1 in 2401 chance.

[Dennisa]

[ QUOTE ]
There is a website that offers Jackpot sit and gos for five dollars where if you win four in a row you win 2000 dollars extra. Is this as simple as it seems? It seems that a simple upswing could bring in five wins in a row. Anyone else heard of this?

[/ QUOTE ]
Sounds like a step format. Do you get to keep the money you won in the first 3 sng's or do you have to parlay it to the bigger ones?

[L0QTiS]

Doesn't Noble offer this?

[Perseus]

[ QUOTE ]
I assume these are 10-player sngs? If so, someone who wins 10% (average) has a 1:10,000 chance to win 4/4 tourneys. Say you are above average and you win roughly 1 of 7 tourneys (14.29% win rate), you are still looking at a 1 in 2401 chance.

[/ QUOTE ]

I was actually going to post this same exact number. My friend and I were figured out the chances of doing the party steps and using 1 in 7 tournies won the odds are astounding.

[Miggo]

Titan has this. They have 4 different ones I think. I played in the $5 + .75 one. If you won 5 in a row it was around $60,000 that you get. If you came in 1st or 2nd 5 times in a row, you got $200. I came in 1st or 2nd 7 times in a row and got $200, I wish I would've gotten $600, for 5 in a row 3 times, but the counter starts over.

It's 10 on a table. They also have 6 people table ones too, for a different buy-in, can't remember what it was though, I think $20 + x. I think they have 4 different ones all together in the Jackpot t under SnG's. Probably a link to it on their website.

[toss]

Wouldn't a group of colluders be able to exploit this to hell? Especially a small site like Noble where you'll end up playin against the same people?

[jmillerdls]

no, not steps. The buyins are all the same, and the payouts are all the same. The only difference from a regular SNG is that if you win 5 in a row, you get the jackpot.

[flafishy]

The vig is higher on these. $20+3, $5+.75, etc. They have them up to $50+xx.