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  #1  
Old 11-07-2005, 05:58 PM
shaniac shaniac is offline
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Location: New York City
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Default Party Super Musings

If you played the Party "Super" Weekday tournaments 4 times a week, 50 weeks out of the year, you'd need to win one (or an equivalent amount in smaller cashes) just to break even.

Discuss.
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  #2  
Old 11-07-2005, 06:04 PM
scott8 scott8 is offline
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Default Re: Party Super Musings

This is why its so important to keep accurate records of your tournament play IMO.

A lot of players can win in the cash games and don't realize what a major leak MTT play is for them.

This is also why ITM% is not as useless a stat as some would like you to believe.
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  #3  
Old 11-07-2005, 06:09 PM
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Default Re: Party Super Musings

This is why it takes ridiculous patience and a really high bankroll to be a true pro MTT player. The variance is extremely high.
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  #4  
Old 11-07-2005, 06:52 PM
johnnybeef johnnybeef is offline
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Location: its whats for dinner
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Default Re: Party Super Musings

[ QUOTE ]
A lot of players can win in the cash games and don't realize what a major leak MTT play is for them.


[/ QUOTE ]

Hmmmm, I have always thought it was the other way around.
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  #5  
Old 11-07-2005, 06:59 PM
locutus2002 locutus2002 is offline
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Default Re: Party Super Musings

The obvious observation is that your ROI is unlikely to reflect your true EV in a large field tournament even over 365 tournaments.

Hence returns, especially large ones, are likely to be a poor metric for gauging the quality/improvement of your game. The critical skill to improving as a player is based on self-perspicacity, and discipled review and analysis of HH. Skills which many of us develop for the first time in college. (Endogenous change)

It is also unlikely that the inevitable changing of the composition of a tournament over time (weaker to stronger, etc) would be reflected in ROI. (Exogenous change)
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  #6  
Old 11-07-2005, 07:00 PM
Benal Benal is offline
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Join Date: May 2004
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Default Re: Party Super Musings

Sats are a good way to offset the cost of playing these regularly. I'm quite confident that for the cost of 4 direct buyins ($648), I could win at least twice that number of entries via sats.
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  #7  
Old 11-07-2005, 07:05 PM
Apathy Apathy is offline
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Join Date: Mar 2004
Posts: 11
Default Re: Party Super Musings

[ QUOTE ]
[ QUOTE ]
A lot of players can win in the cash games and don't realize what a major leak MTT play is for them.


[/ QUOTE ]

Hmmmm, I have always thought it was the other way around.

[/ QUOTE ]

Anybody up for some TD lowball?
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  #8  
Old 11-07-2005, 07:06 PM
yvesaint yvesaint is offline
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Join Date: May 2005
Location: sittin on my 6xbuy-in stack
Posts: 690
Default Re: Party Super Musings

[ QUOTE ]
Sats are a good way to offset the cost of playing these regularly. I'm quite confident that for the cost of 4 direct buyins ($648), I could win at least twice that number of entries via sats.

[/ QUOTE ]

you do realize that using sats is the same thing as buying in directly

its as if i said "oh i could go to a 200 NL ring game and double my buy-in, thats a 200+15 right there"
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  #9  
Old 11-07-2005, 07:10 PM
illegit illegit is offline
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Join Date: Jun 2005
Posts: 217
Default Re: Party Super Musings

Fairly obvious.

200 tournaments
1 cash
1 win
1 final table
-----------
ROI: 0%

At first glance that's approximately exactly what one would expect with those awfully bad-mediocre results, correct?
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  #10  
Old 11-07-2005, 07:11 PM
woodguy woodguy is offline
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Join Date: Apr 2004
Location: Edmonton, Alberta
Posts: 20
Default Re: Party Super Musings

Assuming you are paying full price.

I know that you should count winning a SnG sat as "paying" $162 as you won $162 in the sat, but on average I would say that many players here pay on average "out of bankroll" less than $80/entry via the SnG sats.

All that being said, you make a good point, and it reinforces the idea that you must play to finish deep and not "survive".

Get 3 Final Table finishes and you're freerolling that tourney the rest of the year. [img]/images/graemlins/smile.gif[/img]

Regards,
Woodguy
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