Saturday, March 8, 2014

Making up for it in volume

Lately, I haven't played any 8-game tournaments at all; right now, I'm addicted to the faster pace of the no limit hold'em tournaments. With 8-games, the tables take so long to fill up, and they take so long to play, that it would be impractical to play more than 2 or 3 per session. However, the no limit hold'em tables fill up almost immediately and the tournaments are typically much shorter, so it's easily possible to play 8 or more per session. I've come to the conclusion that the way to make money playing tournaments is to play as many of them as you can. That's almost like saying the way to make money selling things at a loss is to make up for it in volume :-) Actually, though, there's method in my madness. If you're good enough to make a profit playing tournaments, it stands to reason that the more tournaments you play, the more profit you'll make. Therefore, for the foreseeable future, I'll be playing no limit hold'em tournaments, and lots of them. Last night, four bubbles kept me from making a profit, but actually prove I was playing pretty well.

buy_in entry_fee num_players num_hands place winnings

 45000      5000           6        44     3        0
 45000      5000           6        54     2    94500
 45000      5000           6        17     3        0
 45000      5000           6        48     1   175500
 45000      5000           6        18     4        0
 45000      5000           6        19     3        0
 45000      5000           6         9     4        0
 45000      5000           6        33     3        0


delta: $-130,000
tournament balance: $2,567,090
balance: $9,449,789

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