Your maximum expectation

[FlFishOn]

I'm just poking around in the online MTTs and won a $33 event with 340 starters. Nice. But i make my living playing cash NL online and understand the financial angles of that really well. No so in MTTs.

Assume an average-skilled field in for $33. As a MTT pro, a really sharp player, what do you figure your expectation? Over $125? More? The time involved is keeping me away since i figure to earn more at ring play but I just don't have the numbers to make a solid comparison.

Also what's the EV of a $110 tourney? Is it 75% that of a $33 proportionally?

[MLG]

A really good player online has an expectation of about 2.5 times the buy-in.

[PrayingMantis]

[ QUOTE ]
A really good player online has an expectation of about 2.5 times the buy-in.

[/ QUOTE ]

I'd love to agree with you on this (or on any specific number, for that matter), but IMO we have very little statistically relevant information about how on-line MTT players (great, good or terrible) are actually doing, in terms of ROI.

For instance, as far as I know (also from reading these boards), there are quite a few well known and "successful" on-line MTT players, who are actually losers or breaking even. I am certain the opposite is also true. (edit: by opposite I mean "terrible" players who are big winners).

[Percula]

Here is the way to max your ROI playing MTT, multitable a couple ring games while you are play the MTT. If you hit the final table you will have a very good ROI, but if you dont, you are still making money in the rings.

[PrayingMantis]

[ QUOTE ]
Here is the way to max your ROI playing MTT, multitable a couple ring games while you are play the MTT. If you hit the final table you will have a very good ROI, but if you dont, you are still making money in the rings.

[/ QUOTE ]

This has nothing to do with ROI, only with $/H.

[wiseheart]

I think MTT tournament play is its own skill
set which requires practice and discipline
seperate just from the practice at ring table.
Using my self as an example, I have won consistently
at MTT's and made $2k in the last month, but lost
it all at ring table games, because I have less
practice and discipline there. Just my thoughts.

[CardSharpCook]

[ QUOTE ]
Here is the way to max your ROI playing MTT, multitable a couple ring games while you are play the MTT. If you hit the final table you will have a very good ROI, but if you dont, you are still making money in the rings.

[/ QUOTE ]

Actually, diverting your attention will hurt your ROI in any particular tourney. However, it may increase your overall hourly rate.

[PrayingMantis]

*BUMP* (and this is not even MY thread...)

I think this is actually one of the most important questions one can ask about MTTs in general (as it is obviously very important for any other kind of poker), so although I think any definite answer is probably wrong as I said in a reply here (again - with ths statistical information we have), I still would be very interested to read more opinions on this subject.

[CardSharpCook]

[ QUOTE ]
*BUMP* (and this is not even MY thread...)

I think this is actually one of the most important questions one can ask about MTTs in general (as it is obviously very important for any other kind of poker), so although I think any definite answer is probably wrong as I said in a reply here (again - with ths statistical information we have), I still would be very interested to read more opinions on this subject.

[/ QUOTE ]

I agree with you completely, Mantis. I've always assumed my ROI is 2X buy-in, but that is just a number I use. In actuallity, I have no idea. There was a post a few months back that examined the impossibility of determining ROI (because you need some several million tourneys played AT THE SAME LEVEL). Also, if you are constantly improving, your ROI is changing. Of course, if you ask, what is your ROI (as a poker player) by entering this tourney? The answer is -reg. fee. Usually -7% to -20%. I think it is important to remember that. Also, remember that people who say 2-4X buy-in are the successful players who have done well in MTTs. We don't hear from the successful players (GOOD players) who, thanks to variance, have lost in MTTs.

BTW: the Mercury Mariner Girl is freaking HOT!!!

[HonchoOverload]

I have kept a spreadsheet of data on my tourneys since I started playing exclusively MTTs in March...I think I have a reasonable data set now (150+ tourneys) and I will try to extrapolate some data from that and post it here