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Can you make good money playing DYMs?

MikeyW94MikeyW94 Member Posts: 12
edited January 2014 in Poker Chat
im currently a student and have a lot of spare time. i play £11 DYM's i play two or 3 tables at a time and always seem to do well and boost my bankroll that way. But then i play cant help myself and enter the big tournaments on sky and haven't yet been successful therefore taking my money back down. i have saved a little bit money up to put into my account and was thinking about putting it in and just playing DYMs for a little while. But i dont know if you can make good money doing this?

 I would love someone with abit more knowledge on playing DYMs and manging your bankroll could help me. All help would be great. 

Thankyou

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Comments

  • DOHHHHHHHDOHHHHHHH Member Posts: 17,929
    edited January 2014

    Hi Mikey.

    With sit n go games you can predict your winnings by looking at expected ROIs.

    A 5% roi is very good and most winning players will be around this mark.

    5% roi on a £11 game is around 50p profit per game.

    If you play 20 games a night, your profit will be a tenner.

    Is this good money? It depends on your definition of 'good money'.

    I see your roi is 8% in dyms over 100ish games. That's pretty good and gives you a profit of around 80pence per game. (not sure if the rake is included in the ROI calculation)


    Up to you how much you play and therefore how many 80ps you can earn. But it should be easy to forecast your expected profits.

    gl.
  • MikeyW94MikeyW94 Member Posts: 12
    edited January 2014
    In Response to Re: Can you make good money playing DYMs?:
    Hi Mikey. With sit n go games you can predict your winnings by looking at expected ROIs. A 5% roi is very good and most winning players will be around this mark. 5% roi on a £11 game is around 50p profit per game. If you play 20 games a night, your profit will be a tenner. Is this good money? It depends on your definition of 'good money'. I see your roi is 8% in dyms over 100ish games. That's pretty good and gives you a profit of around 80pence per game. (not sure if the rake is included in the ROI calculation) Up to you how much you play and therefore how many 80ps you can earn. But it should be easy to forecast your expected profits. gl.
    Posted by DOHHHHHHH
    Thanks for your help mate! how do i check my ROI and how many games ive played? so you saying my average profit for the £11 DYMs is 80p a game? im new with all this, i play live more than online but i enjoy the playing the dyms
  • jdsallstarjdsallstar Member Posts: 1,675
    edited January 2014
    In Response to Can you make good money playing DYMs?:
    im currently a student and have a lot of spare time. i play £11 DYM's i play two or 3 tables at a time and always seem to do well and boost my bankroll that way. But then i play cant help myself and enter the big tournaments on sky and haven't yet been successful therefore taking my money back down. i have saved a little bit money up to put into my account and was thinking about putting it in and just playing DYMs for a little while. But i dont know if you can make good money doing this?  I would love someone with abit more knowledge on playing DYMs and manging your bankroll could help me. All help would be great.  Thankyou
    Posted by MikeyW94
    Hi Mikey it depends on how often you cash and how many tables you can multi table. i.e

    Win rate 58% -> 60p profit per table on average. Assuming each table takes 40minutes and you're 3 tabling them that works out at £2.7 an hour. 

    Assuming you play 15 games per day (about 3.5 hours per day) that would work out as £9 a day and £270 per month. The reward points you would get you about £70. So a total of £340 per month. 


  • MikeyW94MikeyW94 Member Posts: 12
    edited January 2014
    In Response to Re: Can you make good money playing DYMs?:
    In Response to Can you make good money playing DYMs? : Hi Mikey it depends on how often you cash and how many tables you can multi table. i.e Win rate 58% - /> 60p profit per table on average. Assuming each table takes 40minutes and you're 3 tabling them that works out at £2.7 an hour.  Assuming you play 15 games per day (about 3.5 hours per day) that would work out as £9 a day and £270 per month. The reward points you would get you about £70. So a total of £340 per month. 
    Posted by jdsallstar
    Thankyou very much allstar! DOHHHHHHHH said my ROI was 8% (im not sure what this is lol) 
     
    so how would i work out how much i would make (a month) if i played 15 tables a day? 
  • jdsallstarjdsallstar Member Posts: 1,675
    edited January 2014
    multiply your win rate x £20* minus cost of playing a table.

    *prize money from winning a £11 dym

    i.e. 58% X £20 = £11.6 minus £11 to play table = 60p profit per table. 60p x 15 = £9.

    ROI is return on investment (or what you make per game). investment is you're buyin and return is simply your winnings. So ROI of 8% works out at 88p return for £11 tables i.e. 8% X £11. According to sharkscope though your roi for sng £10 tables is 6.1% which works out at 67p per table.

    Dohhhh took you're overall sng ROI. Which ROI is more accurate it's hard to know because your sample of 123 games is very very small. I think I read somewhere to get a really accurate figure for you're ROI you need to play 2000 games but after about 1000 games you'll should get a pretty true reflection of your ROI. (+/- 1%)
  • gerardirlgerardirl Member Posts: 1,299
    edited January 2014
    Hi Mikey, you can check your stats on www.sharkscope.com and if you select the filter for dym (not sure if you have to be a member to check this filter) but you 5 free searches a day.

    What sort of money are you hoping to make?

    Im similar to you and a few years ago I decided to stop playing tourneys completely as i was losing what i won on dyms.

    Making a profit from dyms takes alot of discipline because some see it as a grind. Personally i just aim to make a small profit every day and try to do well on the leaderboards on sharkscope and yes it can build up over time for sure. I grind because I love playing poker and dont actually see it as a grind at all. It all depends what you mean by good money.

    Ger
  • DOHHHHHHHDOHHHHHHH Member Posts: 17,929
    edited January 2014
    In Response to Re: Can you make good money playing DYMs?:
    multiply your win rate x £20* minus cost of playing a table. *prize money from winning a £11 dym i.e. 58% X £20 = £11.6 minus £11 to play table = 60p profit per table. 60p x 15 = £9. ROI is return on investment (or what you make per game). investment is you're buyin and return is simply your winnings. So ROI of 8% works out at 88p return for £11 tables. According to sharkscope though your roi for sng £10 tables is 6.1% which works out at 67p per table. Dohhhh took you're overall sng ROI. Which ROI is more accurate it's hard to know because your sample of 123 games is very very small. I think I read somewhere to get a really accurate figure for you're ROI you need to play 2000 games but after about 1000 games you'll should get a pretty true reflection of your ROI. (+/- 1%)
    Posted by jdsallstar
    Overall dym roi* :P

    I got an avg stake of $16.50 which is around a tenner.

    Still, 6% is very good. 99.6% of winning players would be happy with that long term ;)

    I got the stats from sharkscope.

    It's free for basic searches but to get stats for specific games such as dyms you have to be a member.

    If you want something finding out though just post up on here and I or someone else will get them for you.
  • Jac35Jac35 Member Posts: 6,492
    edited January 2014
    In Response to Re: Can you make good money playing DYMs?:
    In Response to Re: Can you make good money playing DYMs? : Overall dym roi* :P I got an avg stake of $16.50 which is around a tenner. Still, 6% is very good. 99.6% of winning players would be happy with that long term ;) I got the stats from sharkscope. It's free for basic searches but to get stats for specific games such as dyms you have to be a member. If you want something finding out though just post up on here and I or someone else will get them for you.
    Posted by DOHHHHHHH
    Sorry to correct you Dohhhhh.
    You don't need to be a member to get stats for specific games.
    Advanced search - sngs - click back to basic search and it will give you your sng stats.
  • waller02waller02 Member Posts: 9,111
    edited January 2014
    While we are on the subject of DYM's/Sharkscope, could somebody tell me my ROI for DYMs for 2013 - Present (is this possible). I have played thousands of them and was always very poor but feel like I maybe improving slightly in recent times.

    Gl mikey btw I'm playing mainly 5's/11's atm so will no doubt see you on the tables at some point
  • Jac35Jac35 Member Posts: 6,492
    edited January 2014
    Hi Mikey

    Yeah, I do think you can make decent money playing Dyms.
    You're never going to get rich quick with them but money can be made.
    Your stats so far are really impressive. Just a little word of warning though. As Jdsallstar said, you really need to have played pretty big volumes before you can really see how you're doing at them.
    I think it would be a decent guide to see what you average per game presently, but no more than that.
    You may well improve your present stats but until you've played a 1000+ games it's pretty difficult to get a true grasp of how you're doing at certain stakes.

    Good luck
  • jdsallstarjdsallstar Member Posts: 1,675
    edited January 2014
    In Response to Re: Can you make good money playing DYMs?:
    Hi Mikey Yeah, I do think you can make decent money playing Dyms. You're never going to get rich quick with them but money can be made. Your stats so far are really impressive. Just a little word of warning though. As Jdsallstar said, you really need to have played pretty big volumes before you can really see how you're doing at them. I think it would be a decent guide to see what you average per game presently, but no more than that. You may well improve your present stats but until you've played a 1000+ games it's pretty difficult to get a true grasp of how you're doing at certain stakes. Good luck
    Posted by Jac35
    Back on already, all book'ed out now lol?!

    see i do read your diary :)
  • DOHHHHHHHDOHHHHHHH Member Posts: 17,929
    edited January 2014
    In Response to Re: Can you make good money playing DYMs?:
    While we are on the subject of DYM's/Sharkscope, could somebody tell me my ROI for DYMs for 2013 - Present (is this possible). I have played thousands of them and was always very poor but feel like I maybe improving slightly in recent times. Gl mikey btw I'm playing mainly 5's/11's atm so will no doubt see you on the tables at some point
    Posted by waller02
    http://imageshack.com/a/img7/3896/qf73.jpg

    -----

    Sorry Jac, I meant specific, specific games :P

    Done on a technicality :(
  • Jac35Jac35 Member Posts: 6,492
    edited January 2014
    In Response to Re: Can you make good money playing DYMs?:
    In Response to Re: Can you make good money playing DYMs? : Back on already, all book'ed out now lol?! see i do read your diary :)
    Posted by jdsallstar
    Lol, just had a quick look on iPad to see if anyone might post on the diary, rather than just read my droning :)

    Saw a Dym thread and can never resist.
    Hope you're well JD 
  • waller02waller02 Member Posts: 9,111
    edited January 2014
    In Response to Re: Can you make good money playing DYMs?:
    In Response to Re: Can you make good money playing DYMs? : http://imageshack.com/a/img7/3896/qf73.jpg ----- Sorry Jac, I meant specific, specific games :P Done on a technicality :(
    Posted by DOHHHHHHH
    ty dohhhhh. So a definite improvement but still a lot to learn!! Shame it took me 6k games to get the basic grasp of them!
  • jdsallstarjdsallstar Member Posts: 1,675
    edited January 2014
    In Response to Re: Can you make good money playing DYMs?:
    In Response to Re: Can you make good money playing DYMs? : Lol, just had a quick look on iPad to see if anyone might post on the diary, rather than just read my droning :) Saw a Dym thread and can never resist. Hope you're well JD 
    Posted by Jac35

    Decided to take the night off after having the worst week I've had on sky poker -£200 quid or something :(

    Running bad and not playing great either so break was needed. Not flipping well, cooler city and one too many hero calls. Mainly just running bad though - somehow managed to end up with the 4th best hand last night with kk
    and not one of the other 3 had an ace. Very sigh.

    On the upside my first golf bets of the season are currently sitting 1st and 2nd half way through their final round :)
  • jdsallstarjdsallstar Member Posts: 1,675
    edited January 2014
    In Response to Re: Can you make good money playing DYMs?:
    In Response to Re: Can you make good money playing DYMs? : ty dohhhhh. So a definite improvement but still a lot to learn!! Shame it took me 6k games to get the basic grasp of them!
    Posted by waller02
    You've even got a star lol!!!!!

    You're definitely one of the better players at the dym tables! 
  • Jac35Jac35 Member Posts: 6,492
    edited January 2014
    In Response to Re: Can you make good money playing DYMs?:
    In Response to Re: Can you make good money playing DYMs? : ty dohhhhh. So a definite improvement but still a lot to learn!! Shame it took me 6k games to get the basic grasp of them!
    Posted by waller02
    Sorry for derail Mikey.
    I suppose it's still all about Dyms though, so all good.

    Waller
    The stats are great. Not sure that there's a lot to learn for you.
    The games I've played with you recently, you've been really tough to play against.

    Dohhhhh
    Didn't mean to be so pedantic 
  • DOHHHHHHHDOHHHHHHH Member Posts: 17,929
    edited January 2014
    In Response to Re: Can you make good money playing DYMs?:
    In Response to Re: Can you make good money playing DYMs? : You've even got a star!!!!!
    Posted by jdsallstar
    doh!

    I purposely took multiple attempts to take the screenshot at the exact moment where the revolving star looks nothing like a star, and you go and point it out!*

    Gotta try and keep these up n coming sickos grounded ;)


    *or maybe it was just un/lucky :P
  • waller02waller02 Member Posts: 9,111
    edited January 2014
    In Response to Re: Can you make good money playing DYMs?:
    In Response to Re: Can you make good money playing DYMs? : You've even got a star lol!!!!! You're definitely one of the better players at the dym tables! 
    Posted by jdsallstar
    Yeah but look at my first 5000 games, shocking. My total ROI is only 1.8%. The big change I made was following advice from devonfish, he said when you are down to the last 4 and it's all in fold time, always be the one shoving rather than calling which is what I tended to do a lot!!

    I do enjoy playing them though, some ppl find them boring but when you get down to the last 4 and the blinds are crazy it does give me a buzz.....sad but true!!!

    Mikey.......there has been some good advice from dohhh, jac and jd. All the best on the tables mate
  • waller02waller02 Member Posts: 9,111
    edited January 2014
    In Response to Re: Can you make good money playing DYMs?:
    In Response to Re: Can you make good money playing DYMs? : doh! I purposely took multiple attempts to take the screenshot at the exact moment where the revolving star looks nothing like a star, and you go and point it out!* Gotta try and keep these up n coming sickos grounded ;) *or maybe it was just un/lucky :P
    Posted by DOHHHHHHH
    haha....the star means nothing atm, we are only 6 days into the year!!! If it is still there in December then I would class it as an achievement.

    It wasn't meant as some kinda thin brag I just genuinely wanted to know what my years ROI was because my total one is poor! I am thinking of playing these on a reg basis and wanted to see if I was gonna be wasting my time
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