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-   -   Would this be ROI and ITM for the "average" player? (http://archives2.twoplustwo.com/showthread.php?t=237079)

vindikation 04-21-2005 10:48 PM

Would this be ROI and ITM for the \"average\" player?
 
Would this be ROI and ITM for the "average" player?

This is just using straight probabilities:

1st: 10%
2nd: 10%
3rd: 10%
4th: 10%
5th: 10%
6th: 10%
7th: 10%
8th: 10%
9th: 10%
10th: 10%

ITM: 30%
ROI: -10% (breaking even minus the vig)

Apathy 04-21-2005 10:56 PM

Re: Would this be ROI and ITM for the \"average\" player?
 
for any STT with 10% rake, yes that is what everyone's results would be if all things were equal. I don't think its all that close to the actual average though.

JP Rocks 04-21-2005 11:03 PM

Re: Would this be ROI and ITM for the \"average\" player?
 
What exactly are you trying to get at? What is an average player? Why am I replying to this, I dont have nearly enough forum cred to flame anyone just yet...

DasLeben 04-21-2005 11:33 PM

Re: Would this be ROI and ITM for the \"average\" player?
 
Interestingly enough, this topic made me look at my statistics in a little different light. Right now, I'm down $74 over my last 70 tournies playing 10+1. However, I've obviously paid $70 in tourney fees alone. This leaves me at an insignificant -$4, not counting the vig.

I don't think this really means anything, but I'm glad this showed me a different perspective.

ChoicestHops 04-21-2005 11:45 PM

Re: Would this be ROI and ITM for the \"average\" player?
 
That cant be average. My last 63 51's Im ROI% 33.60% and ITM 47.62%

lorinda 04-22-2005 12:00 AM

Re: Would this be ROI and ITM for the \"average\" player?
 
On most sites the vig is 9.09%

Lori

Blarg 04-22-2005 12:03 AM

Re: Would this be ROI and ITM for the \"average\" player?
 
That's how I started thinking about my results in the fives. After about 70 of them, all but two bucks lost was just fees alone. I figured if I was exactly as good at the 10's as I was at the 5's, my loss would have been cut in half. I could be a more profitable player without being a better one, if the 10's played substantially the same as the 5's did -- at least for someone at my skill level. Turns out that they do. And if the last 139 of my tourneys had been at the 5's instead of the 10's, I'd be in the red instead of in the black.

JP Rocks 04-22-2005 12:17 AM

Re: Would this be ROI and ITM for the \"average\" player?
 
There is no such thing as an average player. The only way an average player with those stats could exist would be if everybody played exactly the same way, everybody folded AJos in early position in rounds 1-3, everybody bet and called exactly the same amount for exactly the same cards in exactly the same position, and everybody played enough sng's to average out the randomness of the cards. Dont let this average player con you into thinking you are breaking even- the rake exists and must be beaten just like the other players at the table.

Sorry, its 4.20 pm on friday afternoon here, I'll be much more pleasant in 40 minutes.

ewing55 04-22-2005 12:37 AM

Re: Would this be ROI and ITM for the \"average\" player?
 
I hate you. It's still Thursday here and I have another whole day until the weekend!

JP Rocks 04-22-2005 12:42 AM

Re: Would this be ROI and ITM for the \"average\" player?
 
Thank you for that little bit of perspective, it has put a smile on my face. Did I mention its a long weekend over here in New Zealand....


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