Re: Interesting discussion in Poker Theory about tournament profitability
I think that it's mostly explained by the payout. A lot of MTTers will lose a little, and a few will win a ton. A MTT is populated by players with a -20% ROI and players with a +200% ROI. With the top players taking so much more than the others, it doesn't leave much money to create a decent percentage of winners.
What exactly did you want to discuss?
Everett
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