ITM 40%+ and ROI 15% or better. This is the ideal and is what this system will focus on teaching you. Using our system you should have an equal distribution of 1st, 2nd and 3rd place finishes. So using the spreadsheets, it might look as follows:
We had an equal distribution of 1st, 2nd and 3rd place finishes and played 30 tourneys. This is a very common graph. In reality, you could get your 1st place distributions slightly higher and have a slightly higher ITM. Especially at the lower limits!
This brings me to the final point of this section. You should plan on learning to multitable once you are a winning player and can show a consistent profit.
Important Principle (IP) IP: THIS IS A DISASTER IF YOU ARE NOT A WINNING PLAYER. ONLY MULTITABLE IF YOU ARE A LONG TERM WINNER.
The reason why multitabling is important to do is that you can make more money and reduce your variance because of the lack of bad play. This is why all the successful online SNG pros do this. If you play 30 SNG’s one at a time, you will take about 20 hours to finish. Now, this is not bad earnings for 20 hours work. A couple bad beats and you will think that the world is out to get you. This can affect your play and can make you lose confidence. Your variance will probably increase because of your irrational and inconsistent play. You’ll lose a couple coin flips and be convinced that you can’t win. Next thing you know, you’ll be at the black jack table tilting away 2 weeks worth of work.
Multitabling is not too hard – you’ll get use to it. MAKE SURE YOU ARE WINNING FIRST THOUGH!!!. Initially start with one table and then try two. Before you know it, playing one SNG will be boring and you’ll be comfortable with 2. Then you can look at adding another. I would stop at about 3 and make sure you play lots of SNG’s (at least 100) and are still winning long term. If you are, start adding more until you hit about 6-8. This is the max we recommend. I’ve played 15 at a time and it gets very hard. You make crazy mistakes on the bubble which ends up costing you. Even with 10, it’s pretty rough. 8 is my typical number. I usually knock out 30 tourneys in 2.5 to 3 hours. This gives a very nice hourly win rate – even for the lower limit SNGs. It also lets you see how variance equals itself out in the long term. It is possible to lose 8 in a row – but it is very unlikely.