Sit-N-Go’s (SNG)

Today, I played 10 SNG’s today (each SNG takes about 40-50 minutes on average to complete). No, not all 10 at once. But two at a time. Started off making the money in the first 4 SNG’s I played in (three 3rd place finishes, one second place finish). Then I didn’t hit in the next four. Finally, getting third again in the last SNG. Why no first place finishes? I got outdrawn 2 or 3 times (one one hand, I’d have AA, the other person’s got 88. He raises me all-in preflop and he hits his set). I think I played well for the most part, and the results may suggest a regression towards the mean. While I haven’t played enough SNG’s for the results here to be of any statistical value, it may be inferred from this that playing SNG’s, at least for me, is not very profitable. Still, it’s a lot of fun and I’ll probably play on average of 5-7 SNG’s per week. I’m keeping track of my SNG win/loss records so I’ll have better idea of where I stand in a month or so.