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  #1  
Old 08-29-2004, 06:07 PM
daiwiza daiwiza is offline
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Default Question

Hi!

(I posted this under another thread before, Iwasn't aware of this one here)

Have some questions concerning the Sit and go's 10+1$ at party.

When you play in this one table tournaments you obviously at least have to beat the rake to break even, and because you pay 1$ Rake every time you have to play 10% better to break even. But only for every percent, that you beat the game 10+ you will gain money in the long run.

My question is:

(1) Approx. for what percentage should a good player beat such NL-tourneys, and (2) for what percentage should he finish among the last three?

I already thank you for your answers.

Dai
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  #2  
Old 08-29-2004, 06:12 PM
Lori Lori is offline
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Default Re: Question

At Party $10

1. 15-20%
2. 48-51%

Lori
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  #3  
Old 08-29-2004, 06:31 PM
La Brujita La Brujita is offline
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Default Re: Question

I don't mean to quibble or split hairs but I think (Lori please correct me if I am wrong) those numbers are more like what an excellent player would achieve, not a "good" player.

I don't know if you meant to distinguish in the original post but as for a guess for a good but not excellent player (note these categories are quite subjective),

Win: 13-15%
Money: perhaps 40-43%

The odd thing is those two number will define if you are average, good or excellent so in a way it is silly to write this.

Edit to say I wrote this not to point out I thought Lori might be wrong but so that you are not concerned/disheartened if you are not hitting those levels.

Also please note I don't currently play the $11's so mine was just a guess.
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  #4  
Old 08-29-2004, 10:29 PM
rybones rybones is offline
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Default I am so not a math person

so what I am wondering: say you are in the top 3 50% of the time at the 10+1 level, am I correct that you actually do not beat the rake if all your finishes are 3rds? And, would this also be true at 20+2 level?
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  #5  
Old 08-29-2004, 10:37 PM
lastchance lastchance is offline
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Default Re: I am so not a math person

[ QUOTE ]
so what I am wondering: say you are in the top 3 50% of the time at the 10+1 level, am I correct that you actually do not beat the rake if all your finishes are 3rds? And, would this also be true at 20+2 level?

[/ QUOTE ]
Yes, you don't beat the rake if you top 3 50% of the time, and all your finishes are 3rds. Most 1-table SnG's pay 20% to 3rd place, 30% to 2nd place, and 50% to first place, so this is the same at 20+2, and pretty much every other level.

Don't worry, if you money 50% of the time, as long as your SH play isn't total crap, you'll be fine.
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  #6  
Old 08-29-2004, 10:40 PM
La Brujita La Brujita is offline
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Default Re: I am so not a math person

Exactly.

10 tournaments, five thirds

5 tourneys without cashing you lost 55
5 thirds is 9X5=45

Net loss is $10 which is exactly the vig you paid.

Looked at another way, if you played a home tourney with friends with a payout of 50/30/20 means if get third you double your money or in other words get 1:1 payout for third. Since here you pay a vig you lose a bit.

20+2 is the same you just double each caculation

5x22=110 lost when out of the money

18X5=90

20 loss equals the vig.
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  #7  
Old 08-30-2004, 01:10 PM
Lori Lori is offline
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Default Re: Question

I don't mean to quibble or split hairs but I think (Lori please correct me if I am wrong) those numbers are more like what an excellent player would achieve, not a "good" player.



No correction required, you are spot on.

My bad [img]/images/graemlins/blush.gif[/img]

Lori
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