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View Full Version : Moving up...why?


minwoo
04-03-2005, 04:30 PM
This was I a reply/question I made to my last post but I couldn't invoke any responses so I'm making a separate post for this:

As you move up, you will encounter better players, resulting in the lower ROI/ITM. If you are playing solely for $ profit, would you still want to move up? Of course, I would like nothing better than to be playing at $215 level but that is only because playing at that level would prove to myself and maybe others that I am a competent player (or maybe a pro!) capable of playing and handling the $215 level. In terms of money to be made, I think it will be harder to make a decent profit.

So, what is the reasoning behind "moving up" when you have a sufficient bankroll when it will just result in lower ROI and ITM? Is it just ego booster of being able to swim with the other sharks? Or does it result in a significant increase in $ earnings?

YourFoxyGrandma
04-03-2005, 04:34 PM
30% ROI at $30+3 = $9.90/tourney
15% ROI at $200+15 = $32.25/tourney

Maulik
04-03-2005, 04:52 PM
Your reasoning lacks the mathematics which prove, if one moves from the $55s to the $109s the following:

Suppose your ROI is 25% and drops to 20% at a higher limit. 5% decrease in ROI at 2x payout, more than justifies your move to the next level.

Best of luck.

ilya
04-03-2005, 05:59 PM
[ QUOTE ]
If you are playing solely for $ profit

[/ QUOTE ]

You would have to be one soulless creep to be playing SOLELY for $$ profit.

Also, you make more $$ profit by (successfully) moving up.

minwoo
04-03-2005, 06:04 PM
Have any of you moved up and experienced such a decrease in ROI (long-term) that it was more profitable for you to stay at the lower level? If so, at which level did you experience this?

As always..thanks for the responses!

syka16
04-03-2005, 06:22 PM
what's a soul?

Maulik
04-03-2005, 08:00 PM
what's profit? /images/graemlins/smirk.gif