Re: Are heads up tournaments profitable?
Anything where you have an edge is profitable in the long-run.
The only time you would avoid being in a situation where you have a slight edge is where you have bankroll considerations that might lead you to go broke due to variance (playing a single heads up freezeout for all your savings against someone you have a 2-to-1 edge against) or where you have the opportunity to give up EV for a higher EV situation later (saving the buy-in you would use in a heads-up tournament to pay for a normal tournament later where you have a much bigger edge later).
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