Thursday, August 23, 2012

Two thirds don't make a second

Last night, I was the bubble boy in two of the eight tournaments I played. That is, I came in third twice. Two thirds don't make a second, but if they did, I would essentially have broken even on the night. This illustrates how near each other tournament success and tournament failure live; because of those third places, I ended up losing over $100K. At the $50K buy in level, I don't consider an overall loss of $100K to be very significant.

buy_in entry_fee num_players num_hands place winnings

 50000       800           6        18     6        0
 50000       800           6        65     2   105000
 50000       800           6         6     6        0
 50000       800           6        12     5        0
 50000       800           6        30     3        0
 50000       800           6        42     3        0
 50000       800           6        32     4        0
 50000       800           6        49     1   195000

delta: $-106,400
balance: $5,610,821


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