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#1
05-06-2005, 01:31 PM
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Make your OWN STEPS!
Okay - if you like the steps structure - just make your OWN STEPS.
It's really pretty simple. Say you want to start at $10 +1. Give yourself say 10 buy ins for this. So that's $110 of your bank roll. Move up according to where you place in each tournament - and the money in your bankroll. Example $10 +1 - you get second for $30. You now get to move up to the $20+2, and you have an extra $8 in your account. You get 2nd in your $20 +2 = $60, +$8 you have aside. You can now skip the $30's and move to the $50's if you want. If you don't, you can move up to the $30's. Lets say you play the $33, and don't place. You now have $35 left in your account - so even by placing 4th-10th- you have still earned a freeroll into another $30. This time you place 2nd. Now you have your $90 winnings, plus your $2 left over. You move up to a $50. But you don't place - back down to the $30. If you lose again, down to the $20. Win, and up to the $50. And so on and so forth. This seems like a better structure, as you can "earn" freerolls no matter where you place, and you can cashout or stop at any time. If there is a flaw - someone please let me know. 
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#2
05-06-2005, 02:22 PM
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Re: Make your OWN STEPS!
The obvious downside is that at some step the other players will be better than you, and it would be more profitable for you to play at lower levels where you hopefully are better than the other players.
Furthermore, the switch from 33 to 55 may be problematic since the stack sizes (and thus strategy) changes.
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#3
05-06-2005, 02:23 PM
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Re: Make your OWN STEPS!
[ QUOTE ]
The obvious downside is that at some step the other players will be better than you, and it would be more profitable for you to play at lower levels where you hopefully are better than the other players. Furthermore, the switch from 33 to 55 may be problematic since the stack sizes (and thus strategy) changes. [/ QUOTE ] How is this different from the Steps, where the good people just buy in directly to the higher levels?
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#4
05-06-2005, 02:25 PM
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Re: Make your OWN STEPS!
[ QUOTE ]
If there is a flaw - someone please let me know. [/ QUOTE ] You'd also make more rakeback in your plan (while rakeback still exists). The flaw is that no one actually has the discipline to your follow this plan. They'd either jump a level by not setting money aside, or they'd wimp out after winning a couple times and cash out. The party steps force you to stay the course. They must charge something extra for this "help", but I have no idea how much.
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#5
05-06-2005, 02:31 PM
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Re: Make your OWN STEPS!
[ QUOTE ]
The obvious downside is that at some step the other players will be better than you, and it would be more profitable for you to play at lower levels where you hopefully are better than the other players. Furthermore, the switch from 33 to 55 may be problematic since the stack sizes (and thus strategy) changes. [/ QUOTE ] This is a perfect arguement for why not to play the Steps. At least if you made your own Steps you can take your money at any time. In the steps you move up to better and better competition, until you reach the point of step 5, and the competition is the best on PP. You also trasition from an 800 chip stack in level 1, to a 1000 in level two. So your arguement supports not playing Steps if you are not at the highest level, and if you are that level just buy into Step 5.
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#6
05-06-2005, 02:33 PM
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Re: Make your OWN STEPS!
[ QUOTE ]
You'd also make more rakeback in your plan (while rakeback still exists). [/ QUOTE ] Wrong. The phantom rake, if you will, still accumulates towards your rakeback arrangement. [ QUOTE ] The party steps force you to stay the course. [/ QUOTE ] Huh, first vote for the STEP by you. [ QUOTE ] They must charge something extra for this "help", but I have no idea how much. [/ QUOTE ] By my math, it's the same. Try this. Apply your finish distribution statistics to a STEP 4. Make an example of 100 buyins. Keep running the distribution statistics with the rerolls as well. I did this with the ministeps. My math reflects that the sum total of your 100 buyins at STEP 4 will lead to about 39 STEP 5 freerolls (maybe more). Which turns out to be about the same cost as the 100 STEP 4 buyins. STEP 4 buyin - $165 100 x $165 = $16,500 STEP 5 buyin - $430 39 x $430 = $16,770
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#7
05-06-2005, 02:35 PM
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Re: Make your OWN STEPS!
[ QUOTE ]
This is a perfect arguement for why not to play the Steps. At least if you made your own Steps you can take your money at any time. In the steps you move up to better and better competition, until you reach the point of step 5, and the competition is the best on PP. You also trasition from an 800 chip stack in level 1, to a 1000 in level two. So your arguement supports not playing Steps if you are not at the highest level, and if you are that level just buy into Step 5. [/ QUOTE ] Correct. I think Steps is a poor idea, no matter if its Partys version or your own home-made one.
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#8
05-06-2005, 02:39 PM
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Re: Make your OWN STEPS!
[ QUOTE ]
[ QUOTE ] The obvious downside is that at some step the other players will be better than you, and it would be more profitable for you to play at lower levels where you hopefully are better than the other players. Furthermore, the switch from 33 to 55 may be problematic since the stack sizes (and thus strategy) changes. [/ QUOTE ] How is this different from the Steps, where the good people just buy in directly to the higher levels? [/ QUOTE ] It is a matter of degree. Most of the players at 50+5 table are 50+5 players. However, a much larger % of players at step 2 are winners from step 1 (and are more like 10+1). Similarly for step 3. A step 3 would have weaker competition on average than a typical 200+15 because of the larger proportion of lower stakes players that have 'won' their way into the step 3. It doesn't necessarily turn into a huge +ROI to go after the lower steps because the good players are definitely waiting in step 5. Pokerscott
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#10
05-06-2005, 02:54 PM
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Re: Make your OWN STEPS!
[ QUOTE ]
The steps are a joke. It defeats the entire purpose of playing the level of sit n gos that you CAN beat and makes you lose more money at ones you cantin the higher levels. [/ QUOTE ] I think this is one of the best explanations of why they suck.
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