[Mason Malmuth]

Hi Walter:

First, it's very difficult to determine one's tournament hourly rate diue to the large short term luck factor and the fact that many tournaments have a different buy-in amount.

However, it's my opinion that the very best tournament players, and there are only a few of these, may be worth as much as double their buy-in in a no limit tournament that raises the stakes reasonably slowly and somewhat less in a limit tournament. Then figure that they will play approximately 60 percent of the hours that the tournament is expected to run. This should give you a very crude estimate of what the best players can do.

best wishes,
Mason