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Most MTT's start at scheduled time, almost regardless of the number of participants. There are MTT's scheduled around the clock. So you don't really need to wait for these 180-man ones to fill up.
Put very shortly: MTT's are about accumulating chips and making it to the top places. SnG's are about survival and making in the money.
In order to be successful in playing SnG's, you have to post hands, post tournaments, read books, read Beginners' Digest, train with SnG-Wizard, etc. "Having a fair idea on how to play them" won't get you very far.
I guess most people would agree that turbos are more profitable per hour. I don't. You get to play more games, but the games are also tougher. It's basically a self-regulating market: if turbos were significantly better, then all the pros would be playing them, leaving the normal ones very soft, thus making them more profitable, etc.
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