
jordanbillie
Legend
Bronze Level
Hello everybody, today I did a simple math exercise to determine what my win rate must be in order to be profitable at Heads Up SNGs, specifically on BetOnline. Here are my results:
First I should state the rake for HU SNGs on BoL, which is 5.6% (the $1.50 games are $1.42 + .08). In the $1.50 games two things can happen, you either lose (-$1.50) or you win (+$1.34). I think it is obvious that if your win rate was 50/50 (50%) you would not be a profitable player, you would have an ROI of -5.3%. Here is the simple way you can calculate that with a sample of just 2 games: 1 win (+1.34) and 1 loss (-1.50) = 16 cents lost.
ROI = Profit/Amount invested (ROI = -0.16/3.00, ROI = -5.33%
So...what does our win rate have to be in order to be profitable and beat the rake?
Here are my results for some different win rates:
50% win rate = -5.3% ROI
52% win rate = -1.5% ROI
53% win rate = 0.3% ROI
55% win rate = 4.1% ROI
60% win rate = 13.6% ROI
It turns out that the break even point is winning half the rake over 50%, so in this specific case with 5.6% rake you'd have to have a win rate greater than 52.8% to be profitable (52.8169014084507% specifically).
Currently my win rate is exactly 60%, so I should just focus on sustaining that win rate and I'll be quite fine.
Jordan
First I should state the rake for HU SNGs on BoL, which is 5.6% (the $1.50 games are $1.42 + .08). In the $1.50 games two things can happen, you either lose (-$1.50) or you win (+$1.34). I think it is obvious that if your win rate was 50/50 (50%) you would not be a profitable player, you would have an ROI of -5.3%. Here is the simple way you can calculate that with a sample of just 2 games: 1 win (+1.34) and 1 loss (-1.50) = 16 cents lost.
ROI = Profit/Amount invested (ROI = -0.16/3.00, ROI = -5.33%
So...what does our win rate have to be in order to be profitable and beat the rake?
Here are my results for some different win rates:
50% win rate = -5.3% ROI
52% win rate = -1.5% ROI
53% win rate = 0.3% ROI
55% win rate = 4.1% ROI
60% win rate = 13.6% ROI
It turns out that the break even point is winning half the rake over 50%, so in this specific case with 5.6% rake you'd have to have a win rate greater than 52.8% to be profitable (52.8169014084507% specifically).
Currently my win rate is exactly 60%, so I should just focus on sustaining that win rate and I'll be quite fine.
Jordan