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Old 12-28-2005, 05:26 PM
johnnybeef johnnybeef is offline
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Join Date: Oct 2004
Location: its whats for dinner
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Default Re: Getting frustrated with the money I make

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I'm pretty sure he's not joking. The utility on a $3k MTT score is worth the risk. Think of utility this way. Say the lottery pays $1000 on a $1 ticket. The probability of winning is 1/2000. Pretty bad bet normally, but let's say some guy's coming to break your legs unless you pay him $1000. You have no other way of getting $1000 other than playing the lottery. Obviously, you want to play because winning lets you not get your legs broken, whereas losing doesn't really change anything and you could care less about the dollar you lost. For the OP, a win means a jump in levels (and a quantifiable increase in money earned) and a loss won't break his bankroll, so even if he's a breakeven MTT player, playing them is a good idea.

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Easy for you to say. I haven't had a big cash in a mtt in almost two months. In fact, I am down 1500 in mtts in the last two months. If I had never played a mtt, I would be at the 55s instead of the 22s currnently.
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