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Before making profit.. in the long run how many % of the games should I win in a 1 table tournament (10 players)
The turney fee is 10%
The prize pool is:
1 st: $500
2nd $300
3 rd $200
I think around 40% but Iīm not sure thanks in advance for any reply.
Hornacek
09-29-2005, 02:21 PM
? It would have to depend on what place you get... but if you're going by strict 1st, 2nd, and 3rd...
1st: Win 22% of time
2nd: 36.7% of time
3rd: 55% of time
Assuming getting 1st, 2nd, and 3rd is equally likely, you need to get in the money 33% of the time to get EV=0.
bennies
09-29-2005, 02:23 PM
It depends on your distribution of 1st, 2nd and 3rd places. If we assume it is even (but it never is) you need to be in the money more than 33% of the time to make money, 11% of each.
Nicholasp27
09-29-2005, 02:35 PM
is there rake?
is the buyin $100 or $109?
and it all depends on your distribution of 1/2/3
u can be itm only 20% of the time if they are all 1sts and there is no rake...
Degen
09-29-2005, 03:34 PM
ffaaaaaaqq
By in is $110 including the rake.
What I mean is if you end up in the money (3 players).
40% of the time you just break even after.. letīs say 1000 games.
Or what?
I guess it is like this:
1st: Win 16.66% of time
2nd: 33.33% of time
3rd: 50% of time
rvg72
09-29-2005, 04:30 PM
I tried hard not to respond to this thread but COME ON!!! Are you kidding me? This is extremely basic math. If you want a simulation model that goes way beyond what you are asking then download the free program from this link:
ROI Simulator (http://forumserver.twoplustwo.com/showthreaded.php?Cat=&Board=singletable&Number=321 8857&Forum=f22&Words=rvg&Searchpage=0&Limit=25&Mai n=3218857&Search=true&where=bodysub&Name=&daterang e=1&newerval=2&newertype=m&olderval=&oldertype=&bo dyprev=#Post3218857)
[ QUOTE ]
By in is $110 including the rake.
What I mean is if you end up in the money (3 players).
40% of the time you just break even after.. letīs say 1000 games.
Or what?
I guess it is like this:
1st: Win 16.66% of time
2nd: 33.33% of time
3rd: 50% of time
[/ QUOTE ]
downtown
09-29-2005, 04:33 PM
[ QUOTE ]
By in is $110 including the rake.
What I mean is if you end up in the money (3 players).
40% of the time you just break even after.. letīs say 1000 games.
Or what?
I guess it is like this:
1st: Win 16.66% of time
2nd: 33.33% of time
3rd: 50% of time
[/ QUOTE ]
Am I the only one who is completely confused by this whole thread?
Eric Draven
09-29-2005, 04:42 PM
[ QUOTE ]
[ QUOTE ]
By in is $110 including the rake.
What I mean is if you end up in the money (3 players).
40% of the time you just break even after.. letīs say 1000 games.
Or what?
I guess it is like this:
1st: Win 16.66% of time
2nd: 33.33% of time
3rd: 50% of time
[/ QUOTE ]
Am I the only one who is completely confused by this whole thread?
[/ QUOTE ]
No, your not.
Sorry, you are right my question is unclear so
I will ask another way:
A man play 100 games in a 1 table tournament with 10 players.
The buy in is $110 for each game. (all included)
All we know is that he end up as number 1, 2 or 3 in 40 out of the 100 games.
60 games are lost.
Nr 1 win $500
Nr 2 win $ 300
Nr 3 win $200
How much will he most likely earn or loose?
Sorry, you are right my question is unclear so
I will ask another way:
A man play 100 games in a 1 table tournament with 10 players.
The buy in is $110 for each game. (all included)
All we know is that he end up as number 1, 2 or 3 in 40 out of the 100 games.
60 games are lost.
Nr 1 win $500
Nr 2 win $ 300
Nr 3 win $200
How much will he most likely earn or loose?
rvg72, I miss u - some extremely basic math are waiting.
thanks.
[ QUOTE ]
Sorry, you are right my question is unclear so
I will ask another way:
A man play 100 games in a 1 table tournament with 10 players.
The buy in is $110 for each game. (all included)
All we know is that he end up as number 1, 2 or 3 in 40 out of the 100 games.
60 games are lost.
Nr 1 win $500
Nr 2 win $ 300
Nr 3 win $200
How much will he most likely earn or loose?
[/ QUOTE ]What you are asking is: what is his probable 1st/2nd/3rd distribution? I don't think there is a typical distribution, but from what I have seen on this board, most good players expect 1st>3rd>2nd. The idea, it seems, is that good players play the bubble well and once they get heads up, they beat their opponent more often than not. Maybe breaking the 40% up something like 15:11:14?
lorinda
09-29-2005, 09:24 PM
When he gets into the money he gets $333.33 on average.
(500+300+200 (money)/ 3(places with money))
Lori
I donīt think so Lorinda - its harder to be nr.1 than 2 or 3.
Nicholasp27
09-30-2005, 11:36 AM
depends on his style of play
some people are usually either chip lead or out in 4th/5th
others are usually blinded out in 4/5 or just eek into the money to get more 3rds...
many on here have more 1sts than 2s or 3s
Letīs say they have same stack and skills?
se2schul
09-30-2005, 11:46 AM
[ QUOTE ]
ffaaaaaaqq
[/ QUOTE ]
With the font I'm using, when you type that in lower case, it looks like you typed [censored] and not FAQ. Maybe I need to change my browser's font...
He will make $23.33 each game moron.
[ QUOTE ]
Letīs say they have same stack and skills?
[/ QUOTE ]If they have the same stacks and skills, why wouldn't they each have the same chance of finishing 1st, 2nd and 3rd?
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