floydlandis58 - Custom Event - Double or Nothing.
| Buyin | $21 ($USD) |
| Start Date: |
11 Nov 2008 19:45 (EST)
(Finished Date: 16-Nov-2008 (EST)) |
| price/value | 95% |
| Shares Available? | 1 (25.0%) |
| Shares sold | 1 (25.0%) |
| Player share | 50% |
| Player payment options | PokerStars |
| Cash Winnings: $150.00 | |
| Winnings per share: $37.50 | Return on Investment: 650.00% |
I have recently returned to CMU after a long break and found on Pokerstars they have a new SNG, called Double Or Nothing.
Simple really, 10 start, and top 5 pay double the original buy in.
So I figure I start with 2 $10 D.O.N tourney's, and if I lose both I lose, however if I win one and lose one I can just play the 2 over again (as I'd have the buy-in's back) but if I win both I move up to the next level (2 $20 D.O.N SNG's)
And I do this so on and so forth, until either one, I'm broke, or two, we're either up to a hundred dollars, or someone says stop.
I've got a decent success rate in these, winning probably 12 of 15 I think, including a $100 D.O.N, a $50 one, and 3 $20 SNG's.
And to be honest, I'm on a bit of a hot run currently, I'm up $320 in about five hours.
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| Buyer | Number of stakes | Percentage | Status | Action |
|---|---|---|---|---|
| open | 1 (25.0% each) | 25.0% | open | |
| 1 | 25.0% | open | share buying finished | |
| karma [profile] | 1 | 25.0% | paid out | |
| 1/2 sold | ||||
| Player share - floydlandis58 [profile] | 50% | Unavailable |
floydlandis58 (3 years ago - 12 Nov 2008 11:47 UTC) Just thought I’d change this style a bit, and make it sort’ve different. After winning 2 of the $10 SNG’s (one of which I’ve won already) I’ll make a $20 “bank” where, I can put money in so as not to lose it, sort of like protection as such. So, if I win 2 $10 double or nothing tournaments and turn $20 into $40, I put $20 of that in the “bank”, and play 2 more D.O.N tournaments. Does that make sense? |
floydlandis58 (3 years ago - 12 Nov 2008 11:48 UTC) Ok just read it and left the last part out, after there’s $20 in the bank, that’s just the safe money and after that I increase the stakes every time I make enough to progress. If I do anyway. :) Floyd, and thanks for buying by the way Karma. x |
floydlandis58 (3 years ago - 12 Nov 2008 11:49 UTC) Ok just read it and left the last part out, after there’s $20 in the bank, that’s just the safe money and after that I increase the stakes every time I make enough to progress. If I do anyway. :) Floyd, and thanks for buying by the way Karma. x |
floydlandis58 (3 years ago - 12 Nov 2008 11:49 UTC) Oh and someone buy that last share! |
karma (3 years ago - 12 Nov 2008 12:38 UTC) sounds great to me just keep banking the money good luck |
floydlandis58 (3 years ago - 13 Nov 2008 08:46 UTC) Kitty started at $20, Won 2 $10 Double or Nothing’s now its at $40. Now trying a $20 double or nothing and if I win that I’ll bank $20 and play another 2 $20. If I lose, I’ll play 2 more $10 ones. x |
floydlandis58 (3 years ago - 13 Nov 2008 09:16 UTC) Won $20 D.O.N so $40 in kitty, and $20 in “bank”. Will play 2 $20 D.O.N’s now. |
floydlandis58 (3 years ago - 13 Nov 2008 09:43 UTC) Hopefully written myself in to win this one with a massive 3.5k chip lead after knocking out 2 players. We’ll see. |
floydlandis58 (3 years ago - 13 Nov 2008 10:02 UTC) Won that one, so banks still at $20. But kitty is at $60. I’ll continue on with this next time I’m on, off to get slaughtered now ;) |
floydlandis58 (3 years ago - 14 Nov 2008 04:50 UTC) Another $20 D.O.N – If I win this, kitty’s at eighty and I’m going to bank thirty and try to finish it off with a big $50 D.O.N. :) |
floydlandis58 (3 years ago - 14 Nov 2008 04:56 UTC) Have doubled up with 8 left so looks promising to make top 5. x |
floydlandis58 (3 years ago - 14 Nov 2008 05:22 UTC) Won that so $48 in bank (took out an extra $2 to cover the $50 + $2 entry fee for the $50 D.O.N) |
floydlandis58 (3 years ago - 14 Nov 2008 05:41 UTC) Struggling in the $50 after a few bluffs were picked off.. Not dead yet, but low.. x |
floydlandis58 (3 years ago - 14 Nov 2008 05:52 UTC) Monumental hand - PokerStars Game #22023238663: Tournament #120390288, $50+$2 Hold’em No Limit – Level VI (100/200) – 2008/11/14 0:51:47 ET
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floydlandis58 (3 years ago - 14 Nov 2008 05:56 UTC) And just doubled that $50 to $100 :) So $100 in the kitty, $50 in the bank. Might bank another $50 so $100 in the bank, and $50 in the kitty to have another crack. So karma your $5 is now a safe $25 :) |
floydlandis58 (3 years ago - 14 Nov 2008 06:15 UTC) No relevance, but how good is this hand? Too good. PokerStars Game #22023530081: 8-Game (Hold’em No Limit, $0.25/$0.50) – 2008/11/14 1:10:35 ET
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floydlandis58 (3 years ago - 14 Nov 2008 06:29 UTC) Thought I’d bank an extra $30 so its at $130 and I’d play another $20. Double or nothing with the remaining money. |
floydlandis58 (3 years ago - 14 Nov 2008 06:52 UTC) Big hand to set myself up for this win I think - PokerStars Game #22024078850: Tournament #120398348, $20.00+$0.80 Hold’em No Limit – Level V (75/150) – 2008/11/14 1:50:26 ET
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floydlandis58 (3 years ago - 14 Nov 2008 06:58 UTC) Won that one so I’ll bank another $20 to $150 in the bank. And $20 left to play with. Might do another $20 one, to possibly finish it off, or keep the ball rolling :) |
floydlandis58 (3 years ago - 14 Nov 2008 06:59 UTC) Will continue these next time I’m home x |
floydlandis58 (3 years ago - 16 Nov 2008 01:01 UTC) Lost one! Damnnnnn :( So I got the kitty up to $150 which from a starting point of $20 isnt bad! Payout now x |
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