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#1
11-04-2007, 11:22 AM
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Is there a huge difference between 5 and 10 STT?
This is my graph so far. I started out with -3% ROI for $2 playing 4 tables at once, and then moved up and had a 26% ROI for $5 playing 2 tables at once. I then move up to $10 and have a huge drop, playing 2 tables at once. The thing is, with a different username about 2 months ago, I had a decent ROI at $2 4-tabling, then moved up to $5 and faced a similar drop.
Here's my current graph:  I started playing $5 around game 50, and the huge drop is when I moved up to $10. I know I could be facing a cold streak, but man...didn't think it would be this bad. I did suffer some dirty beats though... 
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#4
11-04-2007, 02:45 PM
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Re: Is there a huge difference between 5 and 10 STT?
 It's not getting much better [img]/images/graemlins/frown.gif[/img]
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#5
11-04-2007, 03:27 PM
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Re: Is there a huge difference between 5 and 10 STT?
You are posting your results after playing 6 tournaments? That's not close to enough to tell much from the results alone.
After n single table tournaments, the standard deviation of your ROI is roughly 170%/squareroot(n). A rough 95% confidence interval (quite rough after only 6 tournaments) is about your observed results +- 2 standard deviation. After 6 tournaments with a ROI of -60%, your confidence interval ranges from -200% to +80%. Your description of your win rates at the other stakes was also unwarranted given the sample sizes. When you said your ROI was 26%, that should have been 26% +- 54%. It can take hundreds of tournaments to determine whether you are beating a level, and thousands or tens of thousands to estimate your ROI accurately. $10 SNGs are slightly tougher than $5 SNGs. There are fewer hopeless players, and a slightly higher concentration of half-decent players. However, you never established that you were beating $5 SNGs, and it is quite possible that you are a losing player at both levels.
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#6
11-04-2007, 03:28 PM
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Re: Is there a huge difference between 5 and 10 STT?
You need to play hundreds of these games for statistics to have any real meaning. Keep looking at your graph after every few games will do your brain in. Expect a lot more variance than you have had so far.
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#7
11-04-2007, 03:37 PM
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Re: Is there a huge difference between 5 and 10 STT?
On top, bankroll management is quite important. You should have at around 50 buy-ins to move up to the next level, i.e. for $5.50 you need a bankroll of $275 to be safe.
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#9
11-04-2007, 03:43 PM
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Re: Is there a huge difference between 5 and 10 STT?
[ QUOTE ]
On top, bankroll management is quite important. You should have at around 50 buy-ins [/ QUOTE ] Bankroll management is for winning players. Having 50 buy-ins may be safe for players winning at a decent rate for micro SNGs. More buy-ins are needed for players who are marginal winners, or who are winning at a decent rate for high stakes SNGs. The OP has not provided much evidence of winning, much less winning at a decent rate. Players without a winning track record should set a budget (which doesn't need to be aything close to 50 buy-ins) and stay within it. By the way, it is ok to take shots at the next level with fewer buy-ins that you would need to play at the higher level without ever moving down.
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#10
11-05-2007, 11:21 AM
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Re: Is there a huge difference between 5 and 10 STT?
I completely agree, my post was more a suggestion to play a couple hundred STT at the $1 and $2 levels before moving to higher buy-ins. The OP implied that he was a winner at $2, then moved to $5 and had a similar drop. Good Bankroll Management would have forced him to move down to $2 to re-cover and re-build. I had a similar experience in moving up to fast and not realizing that I wasn't prepared - bankroll and knowledge wise - for the higher levels and am still working on getting my bankroll back to where it was.
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