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#1
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expected value of tournament play
If you are a "good" tournament player, how often would you expect to place in the money or win the whole tournament (assume a player pool of 200).
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#2
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Re: expected value of tournament play
No real way to answer this, other than to say, a "good" tournament player will place in a "good" amount of tournaments, relative to an "average" player. Still won't win outright very often, though.
There are threads outlining these sort of expectations (I think there is mention in the stickie?), which tend to emphasize ROI over ITM. |
#3
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Re: expected value of tournament play
Here ya go...
6. What is a good ROI/ITM%/FT%? Difficult question to answer, generally many have said that any positive ROI is a good one, 100 is solid. As for ITM, anything over 10% is good, and MTT guru Sirio has said his records haven’t shown any player above 20% with a decent sample size (this is for online tournaments with fast structures, deeper stacks and slower levels should allow a skilled player to break that cap). |
#4
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Re: expected value of tournament play
whats ITM?
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#5
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Re: expected value of tournament play
In the money
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#6
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Re: expected value of tournament play
so saying that 100% ROI and about 10% ITM is good, why don't people stick to ring games?
sorry for these questions I'm thinking about adding tourneys to my daily/weekly grind. Just trying to justify it. |
#7
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Re: expected value of tournament play
[ QUOTE ]
so saying that 100% ROI and about 10% ITM is good, why don't people stick to ring games? sorry for these questions I'm thinking about adding tourneys to my daily/weekly grind. Just trying to justify it. [/ QUOTE ] I think the main attraction for tournies is, well, they're fun. And, of course, there is the chance for a BIG cashout! [img]/images/graemlins/wink.gif[/img] |
#8
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Re: expected value of tournament play
I've been thinking the EXACT same thing, Flint. For one, it keeps things fresh and fun. Two, there's that bit of a thrill there of winning a big one. Your (and my) hourly rate probably won't nearly be as high as when we grind out our cash games, especially until you reach an advanced skill level, but it's a nice way to break up the monotony.
FWIW, I think the added +EV in playing tourneys and developing this game is the possibility of making a name for yourself. The overlay of possibly acquiring sponsors, affiliations with online poker rooms, revenue from endorsing poker products like apparel, etc. might make it worth your time. Actually, I'm going to try and start playing 6 tourneys per week along with my limit cash games once the new year starts. Oh, and figure the EV overlay of being famous. As an acquaintance/friend of Phil Gordon, believe me the remote chance of living the type of life he leads is worth the hourly rate sacrifice, IMO. |
#9
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Re: expected value of tournament play
sorry for the newbie question:
ITM=in the money? FT = final table? ROI=?? thx |
#10
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Re: expected value of tournament play
ROI=Return on Investment
CL=Chip Leader DILIGAF=Does it look like I give a F*** As for playing tourneys, that is pretty much all I play, seems like I do better there than in ring games. Just seems like people hit hands on me alot more. That is something I am working on though, personal issue. |
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