Why the mini-steps suck (long/complicated math)

[Irieguy]

I played my way up to a step 5 mini today and then got 10th place on the first hand.

I don't like them.

Irieguy

[raptor517]

yea dude, thats too difficult for my little brain to comprehend. grats on getting there though, A for effort. holla

[BDarch]

i never understand Irie's posts

[illab]

KK vs AA?

[stupidsucker]

[ QUOTE ]
i never understand Irie's posts

[/ QUOTE ]
lol

[Maulik]

play the 100/200 on pokerchamps, apparently Hansen is there now.

brilliant

[Scuba Chuck]

[ QUOTE ]
I played my way up to a step 5 mini today and then got 10th place on the first hand.

I don't like them.

Irieguy

[/ QUOTE ]

Now that's the kind of math I can get my fingers around. Thanks for the hard work and results. Saved me some time.
Scuba

[Irieguy]

[ QUOTE ]
play the 100/200 on pokerchamps, apparently Hansen is there now.

brilliant

[/ QUOTE ]

Hansen? That band with the 3 blond brothers? I think they suck, too... and I don't think they're old enough to gamble. Maybe the oldest brother is, I'm not sure.

Irieguy

[Maulik]

[ QUOTE ]
[ QUOTE ]
play the 100/200 on pokerchamps, apparently Hansen is there now.

brilliant

[/ QUOTE ]

Hansen? That band with the 3 blond brothers? I think they suck, too... and I don't think they're old enough to gamble. Maybe the oldest brother is, I'm not sure.

Irieguy

[/ QUOTE ]

the Dane, Gus of course.

brilliant

[BDarch]

[ QUOTE ]
[ QUOTE ]
play the 100/200 on pokerchamps, apparently Hansen is there now.

brilliant

[/ QUOTE ]


Hansen? That band with the 3 blond brothers? I think they suck, too... and I don't think they're old enough to gamble. Maybe the oldest brother is, I'm not sure.

Irieguy

[/ QUOTE ]

they must have made more off of mmmmbop than i thought

[EverettKings]

[ QUOTE ]

I played my way up to a step 5 mini today and then got 10th place on the first hand.

I don't like them.

Irieguy

[/ QUOTE ]

This might have just been a fun post for a few laughs, but I actually did some mathematical analysis of the mini steps and my estimated play (I've played a small chunk) and deemed them profitable, albeit time consuming. Their best aspect is the risk/reward ratio, where I found that I'd pay for an average of 7 step 1 buy ins to earn one step 5 buy in (~1000% ROI). The problem is that, in the process, I'd play about 100 tournaments.

So do mini steps suck? Depends. If you can beat the $30 sit n gos for a respectable ROI, that's definitely more profitable per unit time. But the ministeps, for a good player, are a miniscule money investment, high time investment, profitable game.

That said, and stay the F*&% away from the ministep 1 tables, they're mine.

-Kings

[Scuba Chuck]

EK, given your assessment, thought I'd try a ministep 1. Below is hand 1. Oh, and btw, these things are EZ.

Party Poker No-Limit Hold'em Tourney, Big Blind is t15 (10 handed) converter (http://www.selachian.com/tools/bisonconverter/hhconverter.cgi)

UTG (t800)
UTG+1 (t800)
UTG+2 (t800)
MP1 (t800)
MP2 (t800)
MP3 (t800)
CO (t800)
Hero (t800)
SB (t800)
BB (t800)

Preflop: Hero is Button with Q/images/graemlins/club.gif, Q/images/graemlins/diamond.gif.
<font color="#666666">1 fold</font>, UTG+1 calls t15, <font color="#666666">1 fold</font>, <font color="#CC3333">MP1 raises to t30</font>, <font color="#666666">3 folds</font>, <font color="#CC3333">Hero raises to t125</font>, <font color="#666666">1 fold</font>, BB calls t110, UTG+1 folds, MP1 calls t95.

Flop: (t400) J/images/graemlins/spade.gif, T/images/graemlins/heart.gif, 8/images/graemlins/heart.gif <font color="#0000FF">(3 players)</font>
<font color="#CC3333">BB bets t675 (All-In)</font>, MP1 calls t675 (All-In), Hero calls t675 (All-In).

Turn: (t2425) 6/images/graemlins/club.gif <font color="#0000FF">(3 players, 3 all-in)</font>

River: (t2425) T/images/graemlins/spade.gif <font color="#0000FF">(3 players, 3 all-in)</font>

Final Pot: t2425 /images/graemlins/grin.gif

[Irieguy]

[ QUOTE ]



I actually did some mathematical analysis of the mini steps and my estimated play (I've played a small chunk) and deemed them profitable, albeit time consuming.

-Kings

[/ QUOTE ]

You can't just say something like this without showing your analysis. Not on this forum, and certainly not in a math thread.

Irieguy

PS- I will not read your response if you post one for fear that you might actually show how you did your analysis for real.

[The Yugoslavian]

Weak. You're such a fish.

Yugoslav

[scott8]

+EV for those buying directly into step 5.

[Apathy]

[ QUOTE ]
+EV for those buying directly into step 5.

[/ QUOTE ]

Not if they lose on the first hand everytime /images/graemlins/tongue.gif

[Scuba Chuck]

[ QUOTE ]
Their best aspect is the risk/reward ratio, where I found that I'd pay for an average of 7 step 1 buy ins to earn one step 5 buy in (~1000% ROI).

[/ QUOTE ]

This might be +EV for hairplugs. Do you see why?

[Phoenix1010]

Your avatar is cool.

[johnnybeef]

[ QUOTE ]
I played my way up to a step 5 mini today and then got 10th place on the first hand.

I don't like them.

Irieguy

[/ QUOTE ]

maybe one of these days you will actually make a worthwhile post around here, because the aforementioned isnt cutting it in my book... /images/graemlins/mad.gif

[d1sterbd]

[ QUOTE ]
+EV for those buying directly into step 5.

[/ QUOTE ]

I bought in to a mini-step 5 last night and got third... risked 430 dollars to net 70 dollars.

-d1sterbd

[schwza]

[ QUOTE ]
Their best aspect is the risk/reward ratio, where I found that I'd pay for an average of 7 step 1 buy ins to earn one step 5 buy in

[/ QUOTE ]

oh, sorry, i was buying spraying coffee all over my keyboard as i laughed.