Satellites

I hate the fact that MTTs often force you to play above your bankroll ($10 tournies on stars can have a few grand change hands at the FT). IMHO, satellites make this much much worse.

Let's say you've got a br of $2k, and play exclusively $10+1s on PS. Here's the (rounded) payout of the FT of a running 10+1:

9th: $200
8th: $300
7th: $450
6th: $600
5th: $800
4th: $1k
3rd: $1.3k
2nd: $2k
1st: $3.4k

Note that folding into 4th will make your bankroll 3k, and therefore (in theory) allow you to play 1.5x the stake and make 1.5x the money. That gives you incentive to play at least slightly inoptimally to sneak up the ladder. This is essentially an instance of gambler's ruin except that it effects you even when you're not at risk of going broke.


Now, if you're a $10+1 player who wins a sattelite to one of the $10k events, this gets to be enormously significant. At that point, your br is so small relative to the prize money that you're effectively playing for your entire br.


Thoughts?

[TomHimself]

i dont understand

[Adam22]

about the only thing i like in this thread is that camron avatar. explain your damn self.

[ QUOTE ]
i dont understand

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Let's say you've got a br of $2k, and play exclusively $10+1s on PS. Here's the (rounded) payout of the FT of a running 10+1:

9th: $200
8th: $300
7th: $450
6th: $600
5th: $800
4th: $1k
3rd: $1.3k
2nd: $2k
1st: $3.4k

Note that folding into 4th will make your bankroll 3k, and therefore (in theory) allow you to play 1.5x the stake and make 1.5x the money. That gives you incentive to play at least slightly inoptimally to sneak up the ladder. This is essentially an instance of gambler's ruin except that it effects you even when you're not at risk of going broke.


Now, if you're a $10+1 player who wins a sattelite to one of the $10k events, this gets to be enormously significant. At that point, your br is so small relative to the prize money that you're effectively playing for your entire br.

[Exitonly]

well isn't that the whole point of playing MTT's?

Everyone knows they have way more variance (that top heavy payout) that's what attrtacts all the players.

[ QUOTE ]
well isn't that the whole point of playing MTT's?

Everyone knows they have way more variance (that top heavy payout) that's what attrtacts all the players.

[/ QUOTE ]

I think of it as a negative that I'm willing to accept because the donks accept it in flocks--like many do with the higher rake on PP than PS.

[Exitonly]

it's a positive for me.. top heavy = more money for me.