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Old 12-19-2005, 12:17 PM
Solitare Solitare is offline
Junior Member
 
Join Date: Mar 2004
Posts: 29
Default Re: expected value of tournament play

My stats are pretty similar:

# of Tourneys: 144
Ave Entry + Rake: $32.85
Ave Net: $69.1
ITM: 20.1%
ROI: 210%
FT: 5.6%
Win: 1.4%

I play in $33/$55 MTTs and the $22 180SnG on Stars. I like to play in MTTs with fields in the 300-500 range, but will play in the occasional 800-1000 field, and rarely the monster 2000+ tournies.

My ROI is higher than Spee's probably because I just had better final table luck. My 8 final tables resulted in 2 wins, 3 seconds and a third. Probably not sustainable. Also, one of the firsts was in a 900 person tourney, so the payout was $5500 instead of the $3000 I would have gotten from the 400 person tourneys I usually play.

I have had a losing streaks of 23, 13, and 12. The 13 and 12 streaks were nothing and easy to shrug off. The losing streak of 23 was really grim. In that streak I went throuh a period where I exited something like 12 of 15 tournies as a 70-90% favorite on the key hand.

I also agree that these are very short term results, but not so much as Spee suggests. These tourneys amount to 16.5K of actual hands. The limit forums say that you can start, but only start, to get an idea of your play after 10-20K hands. So I've got a good start of seeing where I'm at, but I need to get another 300 tournies under my belt before I'm really sure of where I'm at.
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