[M.B.E.]

Is it true that with a 10% payout structure, good players, on average, are ITM only a little more than 10%? I would have guessed it is closer to 20%.

I understand your point that good players are aiming for the final table, not just to make it past the bubble, but even so: there are so many bad players who finish out of the money much more than 90% of the time.