Interesting bit of maths regarding moving up levels!!!
 

have recently taken to sit and go's due to a bad patch playing ring games. Think it suits my play better as i can generally read people quite well and i think my bubble play is good, but anyway i did a bit of maths on earnings made by a good player and found a substantial difference between the $10 level and $20 level.

All my assumptions are incredibly vague i know but still the final result is quite interesting.

Say a good player who comes 1st 14% 2nd 14% 3rd 14% of the time plays 1000 games.

At $10 level

1st = (1000 x 0.14) x 50 = 7000
2nd = (1000 x 0.14) x 30 = 4200
3rd = (1000 x 0.14) x 20 = 2800

Total = = 13000
- 11000 (buy-ins)
= 2000

Not bad a $2000 profit but if we say each game took us half an hour (if anyone knows a better average time please let me know) and we 3 tabled. Then that $2000 took us 175 (roughly) hours to accummulate.

2000 / 175 = $11.42

now thats not as good, so what hourly rate could i earn at the $20 level

At $20 level

1st = (1000 x 0.14) x 100 = 14000
2nd = (1000 x 0.14) x 60 = 8400
3rd = (1000 x 0.14) x 40 = 5600

Total = = 28000
- 22000 (buy-ins)
= 6000

Now thats a lot better so by moving up one level you triple your hourly rate to $34.2 which is a nice healthy earning.

So if you have the bankroll and the villains are the same level of competition (at party i think there are still lots of poor players at $20) and you believe you are a good player i would suggest moving up.

Triple your earning by only doubling the buy-in thats gotta be good.

Re: Interesting bit of maths regarding moving up levels!!!
 

In my experience SnGs usually last about 45 minute per tourney. I'm not sure if this is more accurate than your 30 minute approximation.

Re: Interesting bit of maths regarding moving up levels!!!
 

[ QUOTE ]
1st = (1000 x 0.14) x 50 = 7000
2nd = (1000 x 0.14) x 30 = 4200
3rd = (1000 x 0.14) x 20 = 2800

Total = = 13000


[/ QUOTE ]

7000 + 4200 + 2800 = 14000

Re: Interesting bit of maths regarding moving up levels!!!
 

[ QUOTE ]
[ QUOTE ]
1st = (1000 x 0.14) x 50 = 7000
2nd = (1000 x 0.14) x 30 = 4200
3rd = (1000 x 0.14) x 20 = 2800

Total = = 13000


[/ QUOTE ]

7000 + 4200 + 2800 = 14000

[/ QUOTE ]

Well now you ruined the whole basis for his post. [img]/images/graemlins/grin.gif[/img]

Re: Interesting bit of maths regarding moving up levels!!!
 

god damn my [censored] arse maths i knew trying to have a go at it so long after A-levels (dont know the US equivalent) was a bad idea.

sorry to waste forum space with my retarded post im off now to purchase a calculator.

byeeeeee

Re: Interesting bit of maths regarding moving up levels!!!
 

</font><blockquote><font class="small">Svar till:</font><hr />
In my experience SnGs usually last about 45 minute per tourney. I'm not sure if this is more accurate than your 30 minute approximation.

[/ QUOTE ]

The interesting must be the average time you put into each tourney, not how long the ones you win take, right?

Re: Interesting bit of maths regarding moving up levels!!!
 

You are aslo talking about sustaining 42% ITM with even distribution.

GL with that. It can be done, but not by the average SnG player. Your ITM WILL drop when you move up fromt he 10s to the 20s and it WILL drop when you move o the 30s and it WILL drop when you move to the 50s.

The only way it wont drop is if your play suits a higher level, or you get better as you go along. Sustaining 42% ITM is not something you should be basing your facts on.

Re: Interesting bit of maths regarding moving up levels!!!
 

[ QUOTE ]
You are aslo talking about sustaining 42% ITM with even distribution.

GL with that. It can be done, but not by the average SnG player. Your ITM WILL drop when you move up fromt he 10s to the 20s and it WILL drop when you move o the 30s and it WILL drop when you move to the 50s.

The only way it wont drop is if your play suits a higher level, or you get better as you go along. Sustaining 42% ITM is not something you should be basing your facts on.

[/ QUOTE ]

I agree with the ROI decrease at higher levels, but if you cant get 42% ITM at a given level, you dont belong there.

Re: Interesting bit of maths regarding moving up levels!!!
 

[ QUOTE ]
Quote:
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You are aslo talking about sustaining 42% ITM with even distribution.

GL with that. It can be done, but not by the average SnG player. Your ITM WILL drop when you move up fromt he 10s to the 20s and it WILL drop when you move o the 30s and it WILL drop when you move to the 50s.

The only way it wont drop is if your play suits a higher level, or you get better as you go along. Sustaining 42% ITM is not something you should be basing your facts on.


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I agree with the ROI decrease at higher levels, but if you cant get 42% ITM at a given level, you dont belong there.

[/ QUOTE ]

Tell that to the guys playing 50's and 100's. They are pushing smaller edges up there and making a lot of money with lower ITM% and ROI% then that.

Re: Interesting bit of maths regarding moving up levels!!!
 

[ QUOTE ]
[ QUOTE ]
Quote:
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You are aslo talking about sustaining 42% ITM with even distribution.

GL with that. It can be done, but not by the average SnG player. Your ITM WILL drop when you move up fromt he 10s to the 20s and it WILL drop when you move o the 30s and it WILL drop when you move to the 50s.

The only way it wont drop is if your play suits a higher level, or you get better as you go along. Sustaining 42% ITM is not something you should be basing your facts on.


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I agree with the ROI decrease at higher levels, but if you cant get 42% ITM at a given level, you dont belong there.

[/ QUOTE ]

Tell that to the guys playing 50's and 100's. They are pushing smaller edges up there and making a lot of money with lower ITM% and ROI% then that.

[/ QUOTE ]

I suppose it depends on what do you mean by 'a lot' and whether you multi table. But you've made a fair point...I cant see anyone making what Id consider 'a lot' with a much lower ITM without multi tabling.