What is expected value of a single MTT for a solid player?

[laja]

what is that expected value of a MTT for a solid player?

what is the average time it takes for this same player to play 1 tournament infinite tournaments?

just wondering... trying to compare winrates of decent tournament players to decent ring players

[zaxx19]

I dont know...but alot less than a STT for this donkey. /images/graemlins/grin.gif

Seriously dont you guys find STT more profitable?? Or is that just bc I havent had a big score in like a month??

[DVC Calif]

I'm not sure if this is quantifiable bacause many tournament players differ widely in style of play and number of tournaments they enter.

Daniel Negreanu probably never passes up any tournement entry (if it awards him BAPA points), while Phil Hellmuth probably only plays a handful of tournements a year.

As far as time goes, there is also a big difference between playing a live B&M tourney versus playing online. A large online tourney like PP's $1M GTY was finsihed in 9 hours with 1765 entries. The WSOP, with as many entries, will take 5 days.

And as far as profitability, Chip Reese, who is widely regarded as one of the best poker players in the world, eshewed tournament play because he found that he could make much more money playing ring games. He only recently ernestly began playing tourneys because his family wondered that if he was so good, why wasn't he on TV like the other WPT/WSOP players.

Steve

[Potowame]

Zaxx, for us low buy-in UB guys it sure seems that it is more profitable to play 4 Stt for a 30-40 rti. Than to finish 15th in a 700+ mulit and make 3xbuy-in (if your lucky).

The 3xbb would be nice if It was a $150+ trny not 5 or 10 lol. Kinda Makes your hourly rate seem like a Crack (Censored).

[burningyen]

As far as I can tell from searching the archives, very good MTT players can expect to earn 2-3x the buy-in in an average MTT, so ROI would be ~100-200%.

As to the length of the MTT, that can be anything. Someone could choose to play only 30-player casino dailies and someone could choose to play only the WSOP main event. So hourly rates will vary widely too. Let's say you're a top player and decide only to play the WSOP main event. I don't know the exact lengths of each day, but for the sake of argument let's say you last an average of 4 days at 10 hours a day. If your long-term ROI is 2 x $10,000 per appearance that gives you an expected hourly earn of $20,000 / 40 hrs = $500/hr.

[schwah]

ROI is pretty hard to tack down in MTTs, especially the big field ones. a single win can increase your ROI by 100% or more over 100s of tourneys.

[zaxx19]

Potowatome..the real problem is that the payouts(pretty much across the board) are so damn flat from like 50th to 10th in those 500 player tourneys. Im getting like 12th or 17th in a 500 player thing pulling down like 3.5Xbuyin. I mean come one 12th out of 500 is decent throw me 40 bones or something Jesus. I really dont like the payouts in larger tourneys overall. If there are over 300 players the top 15(top 5%) should get something of note IMHO>. This would really lower variance alot for consistently good players. It really wouldnt have that big of an effect on play either...IMHO bc most of the $$ would still be up top.

For example tonights 300$ guaranteed on UB will have 693 players and will pay 11th place like $23.00..does that make sense to you guys??

Should 1st get a ton of money? Of course Should it be 40X what 11th gets probably not.

[Potowame]

Yes its those top 11-20 finishes that hurt the most, So close to the money and yet you only get about 1 more buy-in than just making the bubble.